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Mergers & Acquisitions

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

Latest News

Kinzie Capital Partners Acquires Fraser Steel LLC

18 February 2025 - Kinzie Capital Partners LP, a Chicago-based private equity firm, has acquired Fraser Steel LLC, a steel tubular products manufacturer in Minneapolis, Minn., the companies announced.

Nippon Steel’s Point Person for U.S. Steel Acquisition Returns to U.S. 

14 February 2025 - Nippon Steel Corp. has dispatched vice chairperson Takahiro Mori to the United States to establish a framework for discussion with the Trump administration over the U. S. Steel acquisition, reports The Japan Times. 

Naveen Jindal Puts an Offer on Italian Steel Mill

10 February 2025 - Naveen Jindal is offering more than US$1 billion for Italy’s manufacturer Acciaierie d’Italia (ADI), which operates one of the largest integrated mills in the European Union, reports Manufacturing Today India.

Report: Nippon Steel to Invest In, Rather Than Buy, U. S. Steel

07 February 2025 - President Donald Trump on Friday said Nippon Steel Corp. would drop plans to acquire United States Steel Corporation and instead invest in the company. 

Czech Mill Readied for Sale

06 February 2025 - The Czech Republic’s largest steel mill is going on the sales block, with the first round of bids due in by 23 April.

RHI Magnesita Completes Resco Group Acquisition

05 February 2025 - Refractories maker RHI Magnesita has finalized its acquisition of U.S.-based Resco Group, a producer of shaped and unshaped refractories for the steel, aluminum, cement and petrochemical industries. 

USW President Seeks Dismissal of U. S. Steel Lawsuit 

05 February 2025 - The president of the United Steelworkers union has asked a judge to toss out a lawsuit against him, calling it frivolous, reports the Reuters news service. 

Acquisition Expands ANDRITZ Emissions Control Tech Offerings

04 February 2025 - ANDRITZ has acquired emissions reduction technologies provider LDX Solutions for an undisclosed amount, the company has announced.

Nippon Steel Looks to Fully Acquire Sanyo Special Steel

03 February 2025 - Nippon Steel Corp. is launching a JPY70.5 billion (US$464.2 million) tender offer for Sanyo Special Steel, saying that it will be better able to navigate an increasingly complicated global special steel business as a wholly owned subsidiary.

Investment Firm Seeks to End Nippon Steel Merger

27 January 2025 - A Cleveland investment firm has launched a proxy battle over United States Steel Corporation, arguing that the Nippon Steel merger should be abandoned and that its future should be as a stand-alone entity.