Reliance Steel and Aluminum has agreed to acquire the assets from two of Metals USA’s businesses. The assets of Metals USA are currently under the control of the US Bankruptcy Court.
The businesses affected by t...
Steel Dynamics has entered into a definitive agreement to purchase the mini-mill assets of Qualitech for $45 million. The sale involves Qualitech’s plant in Pittsboro, Indiana.
Steel Dynamics has plans to conver...
Dofasco has signed a letter of intent to acquire the assets of LTV’s Marion, Ohio automotive tubular manufacturing facility.
LTV filed for Chapter 11, voluntary bankruptcy on December 29, 2000. The acquisition o...
An agreement has been reached by the Boards of Corus Group and Brazilian steel producer CSN, for the merger of the two companies. The merged company will combine the strengths of one of Europe’s market leaders, wit...
Following the collapse of LTV Steel, Sumitomo Metals will be pulling out of L-S Electro-Galvanizing (LSE), the joint venture it established with LTV in 1985. Sumitomo intends to sell its 40% share in LSE to AK Steel Corp...
Republic Technologies International (RTI), the largest producer of high quality steel bars in the USA have received approval from the bankruptcy court to have all of it s assets acquired by RT Acquisition LLC. They have ...
Cargill Inc have just completed the sale of the tubular division of its subsidiary North Star Steel. The division has been purchased by “V & M Star”, a joint venture between Vollourec and Mannesmann Tubes...
After approval by the shareholders, the Australian Federal Court and other relevant bodies, the demerger of BHP Steel from BHP Billiton is set to proceed. The official separation of the two entities will take place on Ju...
Outokumpu Oyj has made a bid to take complete ownership of AvestaPolarit. To this end they have entered into an agreement to purchase the stock of Corus Group, the other primary shareholder.
Currently, Outokumpu hold ...
The Timken Company have recently formed a joint venture with Japanese companies Sanyo Special Steel and Showa Seiko. Together they will manufacture forged and machined rings for bearing manufacture. The joint venture is ...
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