# Steel Dynamics to acquire remaining 55% stake in New Process Steel

Steel Dynamics has entered into a definitive agreement to acquire the remaining 55% equity interest in New Process Steel, a metals solutions and distribution supply-chain management company headquartered in Houston, Texas, with manufacturing locations in the U.S. and Mexico.

- Type: Acquisition
- Announced: 2025-08-19
- Where: Houston, Texas, United States
- Jobs: 1,275
- Status: announced
- Products: flat rolled steel products, value-added metal products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Steel Dynamics](https://endata.com/companies/895.md) (acquirer)
- [New Process Steel](https://endata.com/companies/15097.md) (target)

## Sources

- [centralcharts.com](https://www.centralcharts.com/index.php/en/5567-steel-dynamics/news/5233780-steel-dynamics-to-acquire-remaining-55-ownership-interest-in-new-process-steel), 2025-08-19: "This acquisition expands our exposure to value-added manufacturing opportunities, while continuing to serve our other long-standing flat rolled steel customer needs."
- [ir.steeldynamics.com](https://ir.steeldynamics.com/steel-dynamics-to-acquire-remaining-55-ownership-interest-in-new-process-steel/), 2025-08-19: "This acquisition expands our exposure to value-added manufacturing opportunities, while continuing to serve our other long-standing flat rolled steel customer needs."
- [cbinsights.com](https://www.cbinsights.com/company/new-process-steel), 2025-08-19: "The acquisition of New Process expands our exposure to value-added manufacturing opportunities, while continuing to serve our other long-standing flat rolled steel customer needs."
- [steelwhere.co.kr](https://www.steelwhere.co.kr/news/articleView.html?idxno=1294), 2025-08-23: "뉴프로세스스틸(New Process Steel)의 지분 55%를 추가해 완전 자회사화했다."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.