India's competition regulator has approved two major transactions in the steel sector, involving Tata Steel and JSW Steel, according to separate announcements. The Competition Commission of India (CCI) has cleared Tata…
East Pipes Integrated Company for Industry has approved a capital investment of approximately SAR 33.6 mln (USD 8.95 mln) for the acquisition of strategic material handling assets, the company said in a disclosure to…
Andritz has acquired a 51pct stake in Baoding Sanzheng Electrical Equipment Co., Ltd., a China-based supplier of advanced industrial induction heating systems, the company said. The acquisition strengthens Andritz's…
Kloeckner & Co SE and Worthington Steel GmbH, a wholly owned subsidiary of Worthington Steel, Inc., have signed a business combination agreement following the completion of due diligence and negotiations. As part of the…
UAE-based steelmaker Arabian Gulf Steel Industries (AGSI) has been named among a small group of parties expressing interest in acquiring Speciality Steels UK (SSUK), formerly owned by Liberty Steel, according to a…
Glencore has confirmed it is in preliminary discussions with Rio Tinto regarding a possible combination of some or all of their businesses, following recent media speculation. The talks could include an all-share…
The board of BlueScope said it has unanimously rejected an unsolicited, non-binding and conditional takeover approach from a consortium comprising SGH Limited and Steel Dynamics. The proposal sought to acquire all…
Saudi steel producer Molan Steel said the Commercial Court of Appeal in Riyadh has issued a final ruling overturning the suspension of enforcement related to a judgment requiring the company to pay Yara International…
Australian steelmaker BlueScope said it received an unsolicited, non-binding and indicative proposal on 12 December 2025 from an Australian-US consortium to acquire all its shares via a scheme of arrangement at AUD…
Champion Iron Limited announced it has entered into a transaction agreement with Rana Gruber ASA under a conditional recommended voluntary cash tender offer to acquire all outstanding shares of Rana Gruber. The offer…
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, has signed an agreement with Ovako to acquire Ovako Metals Oy, a Finnish steel and metals distribution company, subject…
Metinvest has completed the acquisition of ArcelorMittal Tubular Products lasi in eastern Romania, following regulatory approvals from the European Commission and Romania's national competition authority. The facility…
India's Rama Steel Tubes has approved the acquisition of UAE-based Automech Group Holding for AED 296 mln (USD 80 mln), as part of a strategy to expand its footprint and operations in the UAE. The transaction will be…
UAE's Easa Saleh Al Gurg Group (ESAG) has acquired BRC Arabia from The Kanoo Group, enhancing its reinforced steel manufacturing capabilities and expanding its regional supply chain footprint, the company said in a…
JSW Steel Ltd. and Japan's JFE Steel have agreed to form a 50:50 joint venture, under which JFE Steel will invest INR 157.5 bln (USD 1.75 bln) to acquire and operate Bhushan Power & Steel Limited's (BPSL) integrated…
Tata Steel IJmuiden B.V., the Dutch subsidiary of Tata Steel, has signed a share purchase agreement with Vattenfall Power Generation Netherlands B.V. to acquire 100pct of LAG Velsen B.V., a new entity that will hold…
Tenaris said its subsidiary, Steel Recycling Services, has acquired the Beaver Falls scrap processing yard from SA Recycling. The 39-acre facility sits next to Tenaris's steelmaking plant in Koppel, Pennsylvania…
Tata Steel's board has approved the acquisition of the remaining 50pct stake in Tata BlueScope Steel Private Limited (TBSPL) from its joint-venture partner BlueScope Steel Asia Holdings Pty Ltd, for up to INR 1,100…
Ternium S.A. announced that its subsidiary, Ternium Investments, has signed a share purchase agreement to acquire Nippon Steel Corporation and Mitsubishi Corporation's remaining stakes in the control group of Usinas…
Indian Metals & Ferro Alloys Ltd (IMFA), India's leading fully integrated ferroalloys producer, has signed definitive agreements to acquire Tata Steel's ferrochrome plant in Kalinganagar, Odisha, for INR 610 crore (USD…