Tag: acquisition

Arcelor withdraws from Polish bid

Stainless Steel World Publisher -
Arcelor has decided not to make a bid for PHS, the state-run Polish steel company.

Tube maker acquired

Stainless Steel World Publisher -
AK Steel’s tubemaking subsidiary, AK Tube LLC, Walbridge, Ohio, has signed a definitive agreement to acquire an exhaust tube manufacturer located in Columbus, Indiana.

Maverick completes acquisition

Stainless Steel World Publisher -
Maverick Tube Corp. has completed the acquisition of SeaCAT Corp.

AvestaPolarit acquires plate business

Stainless Steel World Publisher -
AvestaPolarit Oyj Abp has completed the purchase of the stainless steel quarto plate business of ThyssenKrupp Nirosta GmbH.

AK Steel makes offer for National Steel

Stainless Steel World Publisher -
AK Steel Corp. has offered to acquire substantially all of the steelmaking and finishing assets of National Steel Corp. for USD 1025 billion.

Jindal Strips to buy Salem Steel

Stainless Steel World Publisher -
Salem Steel, SAIL's stainless steel unit in Tamilnadu, India, will finally be sold to Jindal Strips by the end of November.

Hot property

Stainless Steel World Publisher -
Gresswell Valves has been acquired from its administrative receivers by hot water technology experts Dynafluid.

Slater completes Austeel acquisition

Stainless Steel World Publisher -
Slater Steel Inc., a mini mill producer of specialty steel products, has completed the acquisition of substantially all of the assets of the Austeel Lemont Division of Auburn Steel Co. Inc. for USD 7.0 million cash.

Outokumpu Technology acquires Lurgi Metallurgie

Stainless Steel World Publisher -
Outokumpu Technology Oy will acquire Lurgi Metallurgie GmbH, the world-wide metallurgical technology business of Lurgi AG, for about EUR 52 million.
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