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Nippon Steel & Sumitomo Metal merge to compete with South Korea’s POSCO (US)
Shareholders of Japan’s biggest and third-ranked steelmakers on Tuesday approved the two companies’ merger, which will create the world’s second-largest steel firm. The tie-up between Nippon Steel and...
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Mahindra Ugine forms venture with Sanyo Steel (US)
Hemant Luthra, Chairman, Mahindra Sanyo Special Steel Mumbai, Sept. 6: Mahindra Ugine Steel Company Ltd (MUSCO) has formed a new joint venture company, Mahindra Sanyo Special Steel Private Ltd,...
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PCC Buys Timet for $2.9 Billion (US)
Timet is a vertically integrated organization with approximately 2,750 employees and operations in Henderson, NV; Toronto, OH; Morgantown, PA; Vallejo, CA; Witton, England; Waunarlwydd, Wales; and...
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Russian Technologies sells it’s stake in VSMPO for $970m (US)
MOSCOW, November 27 (RIA Novosti) – State-controlled hi-tech corporation Rostekhnologii (Russian Technologies) is selling its 45.42 percent stake in the world’s largest titanium producer VSMPO-Avisma...
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Manoir reçoit les autorisations nécessaires à la vente de deux de ses divisions
Feu vert des autorités françaises à la vente des deux divisions Petrochem&Nuclear et Spécialités de Manoir Industries au groupe chinois Yantai Taihai Le protocole de cession, signé le 31 octobre...
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PCC’ $2.9B deal for TIMET focus of lawsuit (US)
Dallas billionaire Harold Simmons controlled about 45 percent of Titanium Metals Corp. shares. (Credit Photo @ Dallas Business Journal) Titanium Metals Corp.’s $2.9 billion acquisition by Precision...
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EU Mergers Commission clears TIMET acquisition by PCC (US)
Mergers: Commission clears acquisition of US titanium producer Timet by US component manufacturer PCC The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the...
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China to promote M&A in the steel industry (US)
A factory belonging to Dalian-based Dongbei Steel Group. (Credit Photo @ Xinhua) 09:01, February 07, 2013 -China’s steel industry is likely to lead the M&A campaign launched by the Ministry of...
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Italy’s Metallurgica Siderforge buys majority stake in AMW-MGM Forgings for...
AMW is a heavy commercial vehicle manufacturer, founded by Anirudh Bhuwalka, nephew of Essar Group’s Shashi Ruia. Metallurgica Siderforge s.r.l. has acquired majority stake in Mysore-based AMW-MGM...
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SKF divests metallic rods operation to PCC (US)
SKF St. Vallier sur Rhône (France) Facility ‘ Credit Photo @ Le DL/Stéphane MARC – Le Daupiné) 2013 Mar 14 - SKF has signed an agreement to divest its metallic rods business to US-based Precision...
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Ring Mill di Dubino acquisisce l’Acciaieria di Rubiera (Italian)
L’intervista con il fondatore dell’azienda modenese Franco Testi Dopo mesi di incertezza, la vicenda di Acciaieria di Rubiera (1) sembra indirizzata verso un finale positivo. L’impresa emiliana,...
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ATI Acquires Dynamic Flowform (US)
Dynamic Flowform Corp. CEO Matthew Fonte (Credit Photo @ BizJournal) 10, 2014– Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has acquired Dynamic Flowform Corp. (“Dynamic...
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Evraz sells Czech Vitkovice Steel to investor group (US)
New owners each have 20 percent stake and plan new synergies (Credit Photo @ Prague Post) Ostrava, April 4 (ČTK and other sources) — Russian group Evraz has sold its Czech division Evraz Vitkovice...
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Scana sells parts of the business area Scana Offshore (US)
Scana Industrier ASA (“Scana”) has signed an agreement regarding sale of the daughter companies Scana Offshore Services Inc, Scana Offshore Technology AS and the service part of Scana Offshore Vestby...
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Algerian Steel Tycoon Issad Rebrab Bids to buy French Special Steels Maker...
According to the French newspapers Le Repubilcain Lorrain, Issad Rebrab an Algerian steel Tyccon Bids to buy Ascometal A French Special Steel makers, The Algerian Billionaire seems motivated to...
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LISI acquires French High Performance Alloys Parts maker Manoir Aerospace (US)
Lisi Group – the French aerospace, medical products and automotive components company – has announced the acquisition of Manoir Aerospace; a France-based producer of structural components and forging...
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Court selects French bid for insolvent Ascometal (US)
The Nanterre Commercial court has made a decision regarding the takeover of insolvent French speciality steelmaker Ascometal. Reuters reports that the court has approved a bid from a group of French...
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Clessidra Fund Sells 42% in Metalcam to CEO Cocchi (Italian)
Jul 16, 2014 – Italian private equity fund manager Clessidra Sgr has sold 42% in steel alloy maker Metalcam to Metalcam’s chief executive Mario Cocchi, business daily MF-Milano Finanza reported on...
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Indian JSW set to acquire 3 re-rolling mills of Italian steelmaker Lucchini (US)
Naveen Jindal , Indian billionaire et owner of the steelmaker JSW (Credit Photo @ Bloomberg) KOLKATA, SEPT 12: - JSW Steel is poised to take over three special steel re-rolling mills of...
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Lucchini RS continues expanding (US)
Italian wheel manufacturer Lucchini RS is expanding its European operations with three strategic acquisitions, the company’s Chairman Guiseppe Lucchini told Railway Gazette at InnoTrans on September...
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