Federal-Mogul and Taiho Corporation of America, a wholly owned subsidiary of Taiho Kogyo Co have agreed to set up a 50:50 joint venture to manufacture gaskets for the global vehicle manufacturers.
The joint venture to...
As part of its strategy to concentrate on its core business, carbon steels, Corus is set to offload its 20% stake on Aluminerie Alouette, aluminium smelter in Canada to Alcan. The sale is worth US$165 million in cash as ...
International Steel Group (ISG) have reached an agreement with Acme Steel to purchase several of their assets such as the compact strip minimill for $65 million.
ISG are the recently formed company which not so long a...
Effective October 1, 2002, Kobe Steel’s copper leadframe operation will merge with its subsidiary Leadmikk Ltd. The merged operation will be called Kobe Leadmikk Ltd and will be based in Fukuoka, Japan.
Kobe Ste...
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 ...
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