Worthington Steel (WS) in our Pivotal Point Check: Strategic Billion-Dollar Acquisition of Klöckner & Co Creates Second-Largest Steel Service Center Operator - $150 Million Synergies and Jump to $9.5 Billion Revenue!
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Worthington Steel acquires Klöckner & Co for approximately $2.4 billion. The merger creates the second-largest steel service center operator in North America. Annual synergies of $150 million expected by fiscal year 2028. Worthington Steel, a US specialist in steel processing, made headlines on Wall Street on Friday, January 16, 2026. The stock surged intraday by over 13%, solidifying its upward trend under high trading volume. The trigger for this price jump was the announcement of a transformative acquisition. Worthington...
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