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Mergers & Acquisitions

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

Latest News

Worthington Steel to Purchase Kloeckner & Co. for US$2.4 Billion

16 January 2026 - Worthington Steel announced it has entered into a business combination agreement to purchase German service center and processing company Kloeckner & Co. for US$2.4 billion.

Taylor-Winfield Technologies Purchases George A. Mitchell Company

14 January 2026 - Taylor-Winfield Technologies Inc. announced its successful acquisition of the George A. Mitchell Company.

All Assets of ISB Acquired by Wintriss Controls Group

13 January 2026 - Wintriss Controls Group LLC announced it has acquired all assets of ISB in Montreal, Que., Canada, as of 1 October 2025, forming a new company named Wintriss Controls Group ULC, DBA Wintriss ISB.

U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property

08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.

BlueScope Rejects Takeover Bid From SGH, Steel Dynamics

07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.

Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers

06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.

SMS group Acquires Metso’s Ferrous Technologies

05 January 2026 - SMS group has completed its acquisition of Metso Corp.'s ferrous business, it said on Monday.

BlueScope Confirms Receipt of Bid to Acquire All Shares

05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.

Metinvest Acquires ArcelorMittal Tubular Products Iași

17 December 2025 - Romanian pipe plant ArcelorMittal Tubular Products Iași has been purchased by Metinvest, the company announced.

Worthington Steel in Talks to Acquire Klöckner & Co.

08 December 2025 - Worthington Steel Inc. confirmed it is in negotiations with German steel distributor Klöckner & Co. SE for a potential acquisition of the company.

Danieli Corus Acquires NewFer

04 December 2025 - Danieli Corus B.V. and NewFer GmbH have signed an agreement in which NewFer will become a full Danieli Corus subsidiary, renamed Danieli NewFer GmbH, effective 1 December 2025.

Steel Distributor Lays Bet on Steel-Framed Houses

03 December 2025 - Flat-rolled steel processor and distributor Majestic Steel USA has made a strategic investment in a recently reorganized manufacturer of steel-framed modular homes.

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