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Mergers & Acquisitions

Who's buying and who's selling iron and steel assets.

Latest News

Two Bidders Remain for Whyalla Steelworks

27 May 2026 - Only M Resources and Jindal Steel remain in the running for the purchase of Whyalla Steelworks, though BlueScope still has the right of last offer, announced South Australian Premier Peter Malinauskas, according to ABC.

Jindal, thyssenkrupp Halt Sale Talks

03 May 2026 - thyssenkrupp AG and Jindal International Steel have ended discussions on a sale of thyssenkrupp’s steel business to Jindal, saying that the conditions underpinning the initial talks have changed, and for the better. 

British Ministers: Steel Industry Essential to National Security, Move to Nationalize British Steel

02 April 2026 - British Ministers paved the way to nationalize British Steel last week when it initiated efforts to establish the steel industry as essential to national security; alternatively, it could set the company’s owner, Jingye, a deadline for a deal to close, reported the Guardian.