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acquisitionAnnounced · Feb 17, 2026SteelSource · CredibleArticle · Factual
Steel Dynamics acquires BlueScope
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$13.15B
Target
BlueScope
ASX: BSL · Melbourne, Victoria
Acquirer
Steel Dynamics
Full Acquisition
Status
Pending
Steel Dynamics agreed to acquire BlueScope. Reported deal value: $13.15B. Status: Pending. Sector: Steel. Target headquarters context: Melbourne, Victoria, Australia.
This page summarizes publicly available information about the transaction as of 2026-02-17. Figures and status may change as filings and press coverage update.
Recall that BlueScope recently rejected a bid from Steel Dynamics Inc. and Australian operating company SGH Limited in December
Deal timeline
Announced
Feb 17, 2026 · steelmarketupdate.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Steel with a reported deal value of $13.15B. Figures and status may change as sources update.
Sources: steelmarketupdate.com · Primary article · FireStrike proprietary index