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Mergers & Acquisitions
Who's buying and who's selling iron and steel assets.
Latest News
ArcelorMittal Completes Vallourec Transaction
07 August 2024 - ArcelorMittal has finalized its acquisition of a EUR955 million stake in tubemaker Vallourec.
China to Provide Financial Support for Hungarian Steel Works Revamp
05 August 2024 - The China Export and Credit Insurance Corp. (Sinosure) is underwriting EUR1.3 billion in loans that will pay for two new electric arc furnaces at Liberty Steel Group’s Dunaujvaros plant in Hungary.
Nippon Steel Remains Confident in U. S. Steel Acquisition
05 August 2024 - Nippon Steel Corp. has reiterated its belief that will finalize its proposed acquisition of United States Steel Corporation by year’s end.
U. S. Steel Takes Its Merger Case to Voters
29 July 2024 - United States Steel Corporation has turned to a new tactic as it pushes to brings its US$14.9 billion merger with Nippon Steel Corp. to fruition: pitching the public directly.
TT Iron Steel Closes on Point Lisas Acquisition
29 July 2024 - Iron Steel Co. Ltd. has closed on its acquisition of a former ArcelorMittal iron and steel plant in Trinidad and Tobago.
Nippon Steel Sells Stake in Chinese JV
23 July 2024 - Japan’s Nippon Steel Corp. is pulling out of its Chinese joint venture with Baoshan Iron & Steel, ending a 20-year relationship.
Former U.S. Secretary of State Mike Pompeo Teams with Nippon Steel
22 July 2024 - Nippon Steel Corp. has enlisted the help of former U.S. Secretary of State Mike Pompeo as it works toward finalizing its US$14.9 billion acquisition of United States Steel Corporation, accord to the Reuters news service.
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