# Steel Dynamics acquires minority stake in New Process Steel LP

Steel Dynamics Inc. has announced plans to acquire a minority interest in New Process Steel LP, a metal products manufacturer and supply chain management company in Houston. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2021-10-19
- Where: Houston, United States
- Status: announced
- Products: 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

- [spotonindiana.com](https://spotonindiana.com/in-business/1495862/steel-dynamics-acquires-stake-in-texas.html), 2021-10-19: "Fort Wayne-based Steel Dynamics Inc. has announced plans to acquire a minority interest in New Process Steel LP, a metal products manufacturer and supply chain management company in Houston."

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