Erasteel acquires assets of Crucible Industries LLC

We are delighted to announce the acquisition of a part of the assets of Crucible Industries LLC, an American steelmaker specializing in powder metallurgy, High-Speed Steels and stainless steels.

Through this acquisition, Erasteel is strengthening its presence in the United States and confirming its commitment to this market as a long-standing partner for the tooling, automotive, energy, aerospace, precision toolmaking and knifemaking industry.

“The acquisition of these assets is part of our strategy to strengthen our position as a world leader in Powder-Metallurgy High-Speed Steels. We are delighted that our offer has been selected and intend to continue to serve the US market with the quality and service they expect.” Sophie Haan, Erasteel CEO