Steel Dynamics, SGH Make $8.8 Billion Bid for BlueScope

US steelmaker Steel Dynamics Inc. and Australian conglomerate SGH Limited made a joint A$13.14 billion ($8.8 billion) takeover offer for BlueScope Steel Ltd., helping the American company grow its presence in midwestern states.

Steel Dynamics, SGH Make $8.8 Billion Bid for BlueScope
US steelmaker Steel Dynamics Inc. and Australian conglomerate SGH Limited made a joint A$13.14 billion ($8.8 billion) takeover offer for BlueScope Steel Ltd., helping the American company grow its presence in midwestern states.

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