Worthington Steel to acquire Kloeckner for $1.3 billion

Worthington Steel agreed to buy Kloeckner for approximately $1.3 billion (€1.1 billion), creating the second-largest North American metal service center. The deal includes Kloeckner's 50 facilities in the US and Mexico and 55 in central Europe.

“Worthington Steel to buy Kloeckner for $1.3bn in a deal that would create the second-largest North American metal service center.”metalnomist.com

• 2 sources
• metalnomist.comWorthington Steel to buy Kloeckner for $1.3bn to reshape North American metals distribution | The Metalnomist - Raw Material, Metal, Alloy, Scrap NewsThe MetalnomistMar 18, 2026
• metallurgprom.orgThe acquisition of Kloeckner by Worthington Steel is expected to close in the second half of 2026. » MetallurgpromMar 31, 2026

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