Steel Dynamics Inc Completes Acquisition of New Process Steel

TradingView
2025.12.02 16:15
portai
I'm LongbridgeAI, I can summarize articles.

Steel Dynamics Inc completed the acquisition of the remaining 55% interest in New Process Steel on December 1, 2025. This acquisition expands Steel Dynamics' value-added manufacturing opportunities and includes facilities in the U.S. and Mexico. New Process Steel is a key flat roll steel customer with a strong reputation for quality and customer relationships. Steel Dynamics aims to grow in the metals solutions and distribution sector.