Key transactions
&
industry news

JSW Steel Limited (NSE: JSWSTEEL) completed its acquisition of thyssenkrupp Electrical Steel India Private Ltd.

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2 bln in metals, mining.

Gainline Capital Partners announced that it has acquired M&M International, a leading manufacturer of precision-engineered stainless-steel tubing, primarily for the medical device end market.

Trade tensions emerge early in Trump 2.0 with tariff threats on China, Mexico and Canada; aluminium industry on edge.

BHP Investments Canada Inc. and Lundin Mining Corporation completed the acquisition of Filo Corp, which owns 100% of the Filo del Sol (FDS) copper project.

Alba and Ma’aden call off strategic merger talks.

Sumitomo Metal Mining Co., Ltd. currently holds 84.375% of the outstanding shares of Coral Bay Nickel Corporation (“CBNC”), a nickel smelting and refining company located in the Philippines, and has decided to acquire additional 15.625% shares of CBNC from Nickel Asia Corporation.

India: Vedanta's Lanjigarh bauxite mine's permanence urged by locals to Orissa CM.

Alpayana S.A.C. has made an unsolicited all-cash takeover bid to acquire Sierra Metals Inc.

Japanese industry giant Sumitomo Chemical has announced its decision to sell its 2.97% stake in Nippon Amazon Aluminium Co., Ltd. to YKK AP Inc.

OmniMax International has acquired Millennium Metals, Inc.

The United States imports of aluminium plates, sheets and bars stood below 100,000 tonnes for the two consecutive months in the third quarter of 2024, resulting in a dip in the total import volume through Q3.

Russel Metals Inc. (TSX: RUS) completed its acquisition of Tampa Bay Steel Corporation for $79.5M.

The Aluminum Association and the Can Manufacturers Institute (CMI) has shown a surprising downtrend in consumer aluminum cans recycling in the United States.

Peabody announced it has agreed to acquire world-class steelmaking coal assets from Anglo American in a transaction that meaningfully accelerates Peabody's strategy to reweight its global coal portfolio toward seaborne metallurgical coal.

Canada and Mexico are the United States' two most significant trading partners as the largest suppliers of aluminium and steel.