Following the board of directors meeting, it was announced that Bethlehem Steel would sell substantially all of its assets to International Steel Group. The deal is expected to be finalised some time in the second quarte...
The US Bankruptcy Court has approved AK Steel’s bid to be recognised as the lead bidder to acquire substantially all the assets of National Steel Corporation.
Under the terms of the Asset Purchase Agreement (APA...
The tale of woe continues for the US steel industry with yet another company filing for chapter 11 bankruptcy under the US Bankruptcy Code. The latest victim is Kentucky Electric Steel.
The announcement of their petit...
Bethlehem Steel have agreed in principal to terms with International Steel Group (ISG) for the sale of substantially all of their assets.
The agreement is still subject to approval by the board, regulatory bodies such...
Steel Dynamics have just reached an agreement to purchase the assets of GalvPro in Jeffersonville, Indiana, USA.
This facility has the ability to process up to 350,000 tonnes per year of light gauge hot dipped cold ro...
National Steel have announced that they have signed an agreement to sell all of their steel making and finishing assets to AK Steel for $1.125 billion. This sale price includes $925 million in cash and approximately $200...
AK Steel have just made an offer to acquire the finishing and steel manufacturing assets of National Steel Corporation for $1.025 billion.
National Steel have been operating under Chapter 11 bankruptcy protection sinc...
Reliance Steel and Aluminum Co have expanded operations into Europe and opened a facility on the Aeropole site in Gosselies, Belgium, through their subsidiary AMI Metals Inc.
The new facility will allow AMI Metals to...
US Steel have signed an agreement with National Steel Corporation to acquire their steel making and finishing assets for $950 million. The purchase price includes nearly $200 million in liabilities and net working capita...
BCS Industries (formerly Bluff City Steel) have completed their acquisition of Cuyahoga Steel and Wire, which has been renamed BCS Cuyahoga.
Memphis-based BCS were delighted at the opportunity to acquire Ohio-based Cu...
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