SunCoke Energy completed the acquisition of Phoenix Global for $325m.

SunCoke Energy, a high-quality coke processing and handling company, completed the acquisition of Phoenix Global, a provider of molten slag, metal scraps, raw materials, and finished products handling and transportation services, for $325m. “We are thrilled to officially welcome Phoenix into the SunCoke family. This successful acquisition is the result of SunCoke’s disciplined pursuit of growth opportunities that will position us for long-term, sustainable earnings growth and increased shareholder value. We are excited by the opportunity to reach new customers and new markets with the addition of Phoenix’s assets. We will leverage SunCoke’s core strengths, including our advanced technology, operational discipline, and strong financials to support and grow these new operations,” Katherine Gates, SunCoke President and CEO.