Rebar, strand producer Keystone joins global steel player Liberty

Sources: GFG Alliance, London; CP staff

GFG Alliance has entered a binding agreement to purchase all of the outstanding stock in Keystone Consolidated Industries Inc., Dallas, from holding company Contran Corp. It projects a closing of the $320 million deal by year end and will integrate the business with an existing portfolio company, Liberty Steel USA, based at a Georgetown, S.C., mill acquired in late-2017 from Arcelor Mittal. 

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