According to a recent PwC report, mergers and acquisitions (M&A) activity in the metals sector slowed in Q2 2018, in tandem with an escalation in global trade tensions. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “Deal activity, particularly crossborder, may remain stagnant until the angst caused by the global trade […]
Category: M&A Activity
Tata Steel and Thyssenkrupp Reach Final Agreement on Merger
Steel giants Tata Steel and thyssenkrupp have been talking about it since 2016, but now they have finally managed to reach an agreement to merge their European operations into a 50-50 joint-venture, according to the BBC. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The merged business, to be called thyssenkrupp […]
This Morning in Metals: ThyssenKrupp, Tata Reach Final JV Deal
This morning in metals news, ThyssenKrupp and Tata Steel have come to a final agreement on their joint venture deal, Canada hits the U.S. with tariffs on $13 billion in goods and President Trump says he will not agree to a new deal on the North American Free Trade Agreement (NAFTA) until after the midterm […]
Norsk Hydro Bids for Rio Tinto’s Iceland Aluminum Plant
Norwegian firm Norsk Hydro announced Monday that it had put in a bid for Rio Tinto‘s aluminum plant in Iceland, according to a company release. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “We see great potential in exchanging competence and technology elements between our aluminium plants,” said Hilde Merete Aasheim, head of […]
Big Names of Steel Look to Acquire Stressed Indian Steel Assets
Steel is the buzzword in India these days. In addition to increased uptake, the revival in the steel cycle has also led to an unlikely output – many steel majors are now showing renewed interest in acquiring stressed Indian steel assets that have been put on the block for loan default. Now, Indian steel is […]
Rio’s Massive Dunkerque Aluminum Smelter to Change Hands
Sanjeev Gupta, the industrial buyer of distressed steel, aluminum and coal assets (to name just a few of the areas he has expanded into in recent years), has so far managed an uncanny knack of good timing. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need Buying steel assets just […]
