Aperam to acquire Universal Stainless & Alloy Products for $539m.

Aperam, a stainless, a specialty steel solutions and recycling, agreed to acquire Universal Stainless & Alloy Products, a manufacturer of specialty steel product, for $539m. “Our combined expertise and resources will allow us to deliver superior solutions that meet the growing demand for high-quality, sustainable solutions. This acquisition not only aligns with our long-term strategy but also strengthens our commitment to diversify into specialties in stainless steel and alloys and increasing exposure to more stable, high-margin industries," Timoteo Di Maulo, Aperam CEO.