In an attempt to cement its position as one of the worlds largest aluminium and packaging companies, Alcan intends to make an unsolicited offer to acquire Paris-based Pechiney. If successful, they would combine to form t...
Leroux Steel stock and debt holders have unanimously supported the $185million takeover bid of Russell Metals. The deal has also been approved by Canada’s Federal Competition Bureau.
The acquisition of Quebec-ba...
Reliance Steel and Aluminum has just completed its acquisition of Ohio-based Precision Strip Inc for approximately $220 million, including about $26 million of debt.
Precision Strip is a metals processing operation co...
Following its strategy for international expansion, Smorgon Steel has announced that it will acquire a scrap metal business and open a trading office in India.
Pending due diligence, Smorgon Steel have agreed to purch...
Timken have agreed to sell their share in their needle bearing joint venture with NSK for $146 million.
Timken acquired the share in the Japanese joint venture when they purchased bearing manufacturer Torrington. At t...
Alcan have just completed their acquisition of composite materials manufacturer Baltek. The $35 million deal closed after having been approved by Baltek shareholders.
Following the acquisition, Baltek will be renamed ...
Air Products have signed a definitive agreement to acquire the electronic chemicals business of Ashland Specialty Chemical Company. The deal is worth approximately $300 million, with closing dependent on regulatory appro...
Following its demerger from BHP Billiton, BHP Steel Ltd will be changing its name during the year 2003/4.
BHP Steel licensed the acronym "BHP" from BHP Billiton at the time of the demerger until June 30, 200...
Following a survey of the members of the Association of Iron and Steel Engineers (AISE) and The Iron and Steel Society, the majority voted for the name "Association for Iron and Steel Technology" or AIST, shoul...
Australian Magnesium Corp have decided to restructure the business plan for the Stanwell Magnesium Project in Queensland Australia.
Under the plan for restructure, they have decided to mothball the $1.7 billion magnes...
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