2018–2020 steel industry acquisitions

Company Description Investment ($ millions)
1 Cleveland-Cliffs Inc. Multiple locations, acquire AK Steel $1,100
2 Cleveland-Cliffs Inc. Multiple locations, acquire ArcelorMittal USA $1,400
3 Commercial Metals Company Multiple locations, acquire USA assets of Gerdau $600
4 Liberty House Group Multiple locations (GA, IL, NM, OH, SC, TX), acquire Keystone Consolidated Industries $320
5 Steel Dynamics, Inc. Ashland, KY, acquire and reopen KY Electric Steel rolling mill NA
6 Steel Dynamics, Inc. Terra Haute, IN, acquire Heartland Steel Processing LLC NA
7 Tenaris Multiple locations, acquire IPSCO Tubulars $1,067
8 ATI Vandergrift, PA, consolidate operations $65-85
9 U.S. Steel Osceola, AR, acquire Big River Steel $1,474

Sources: American Iron and Steel Institute; Steel Manufacturers Association. Compiled from public sources.

View the underlying data on epi.org.