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 |
| $5,961 |
Sources: American Iron and Steel Institute; Steel Manufacturers Association. Compiled from public sources.