Ryerson Holding Acquires Olympic Steel in Stock-for-Stock Merger

Ryerson Acquires Hudson Tool Steel Corporation

December 4, 2023

Industrial Services

Ryerson Holding Corporation has acquired Hudson Tool Steel Corporation, a supplier of standard and specialty-grade tool steels headquartered in Cerritos, California with additional locations in Loves Park, Illinois and Dover, New Hampshire. The acquisition expands Ryerson's tool steel capabilities and distribution footprint to better serve customers across its North American network.

Olympic Steel Acquires Shaw Stainless & Alloy

October 1, 2021

Manufacturing

Olympic Steel Inc. has acquired the assets of Shaw Stainless & Alloy in an all-cash, immediately accretive transaction; terms were not disclosed. The acquisition brings Shaw's stainless steel distribution, fabrication, architectural and barrier defense businesses into Olympic Steel's specialty metals segment while retaining Shaw's management and operations in Georgia.

Ryerson Acquires Production Metals

August 2, 2024

Industrial Services

Ryerson Holding Corporation, a Chicago-based metals processor and distributor, has acquired Production Metals, LLC, a Monroe, Connecticut-based distributor of aluminum, stainless and specialty steels. The deal expands Ryerson's value-added metal offerings and precision cutting capabilities (sawing, lasering, water jet cutting) in the Northeastern United States and across Ryerson's service-center network.

Ryerson Holding Corporation Acquires Howard Precision Metals

September 1, 2022

Industrial Services

Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, acquired Howard Precision Metals, a Milwaukee-based aluminum distributor specializing in precision-cut aluminum plate and extruded bar. The deal expands Ryerson’s non-ferrous processing capabilities and adds complementary value‑added services to its Midwest footprint.

Olympic Steel Acquires Metal Works

November 11, 2024

Manufacturing

Olympic Steel, Inc. (Nasdaq: ZEUS) has acquired Metal Works, a manufacturer of metal canopy components, roll-formed products and solar racking, in an all-cash transaction. Metal Works will continue to operate from its two Oakwood, Georgia facilities and will be reported within Olympic Steel's Carbon Flat Rolled business segment as the acquisition expands Olympic Steel's manufactured metal product capabilities and footprint.

Nippon Steel Acquires U. S. Steel for $14.9 Billion with US ‘Golden Share’

June 18, 2025

Industrial Services

Nippon Steel Corporation agreed to acquire U. S. Steel in an all-cash transaction for $55.00 per share, valuing the enterprise at about $14.9 billion. The deal closed after U.S. national security requirements led to a National Security Agreement and issuance of a Golden Share granting the U.S. government enhanced consent/veto rights over certain major actions.