Report ID: SQMIG20A2153
Report ID:
SQMIG20A2153 |
Region:
Global |
Published Date: March, 2024
Pages:
202
|
Tables:
73 |
Figures:
75
In March 2024, ATI Inc. celebrated the commissioning of its state-of-the-art 12,500-ton billet forging press critical to production of titanium for aerospace and defense.
In February 2024, Ramkrishna Forgings announced a significant milestone as it penetrated further into North American market by successfully securing a contract worth US$220 million. This contract will span over a decade and marks the company's foray into a new vertical within the forging sector, focusing on supplying Tier 1 customers in the Light Vehicle segment across North America.
In December 2023, U.S. Steel announced that Nippon Steel Corp. (NSC), headquartered in Tokyo, will acquire the company in an all-cash transaction of $55 per share, representing an equity value of approximately $14.1 billion, plus the assumption of debt, for a total enterprise value of $14.9 billion. The transaction was approved unanimously by the boards of directors of NSC and U.S. Steel.
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Report ID: SQMIG20A2153