Metinvest acquired ArcelorMittal Tubular Products Iași, bolstering its presence in Romania's manufacturing sector and supporting post-war reconstruction efforts in Ukraine.
Target Information
On December 16, Metinvest officially acquired ArcelorMittal Tubular Products Iași, located in the Romanian city of Iași. This facility specializes in the production of welded structural pipes, catering to sectors such as construction, engineering, infrastructure, and agriculture, with a maximum production capacity of 240,000 tonnes annually.
ArcelorMittal Tubular Products Iași marks Metinvest’s inaugural production site within Romania. After extensive negotiations spanning several months, the acquisition received approval from the European Commission under the EU Merger Regulation on November 24, 2025, followed by authorization from Romania’s national competition authority the next day.
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Industry Overview in Romania
Romania's manufacturing sector, particularly in steel and metal processing, plays a crucial role in the country's economy. The demand for steel products has seen steady growth, driven by ongoi
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Metinvest
invested in
ArcelorMittal Tubular Products Iași
in 2025
in a Merger deal