# Steel Dynamics acquires full control of New Process Steel

Steel Dynamics has bought the remaining 55% stake in New Process Steel, a Houston-based metals solutions and supply chain firm, adding six plants across the United States and Mexico and 1,275 employees.

- Type: Acquisition
- Announced: 2026-11-02
- Where: Houston, Texas, United States
- Jobs: 1,275
- Status: completed
- Products: flat roll steel, metals solutions
- 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

- [oreaco.com](https://www.oreaco.com/capsules/english/ferrumfortis/steel-dynamics-new-process-steel-acquisition-supply-chain), 2026-11-02: "It strengthens Steel Dynamics’ move into value added manufacturing & supports its scrap based, lower CO₂ steel & planned aluminum operations."

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