Steel Product Producers

SunCoke completes Phoenix Global buy

Written by Ethan Bernard

August 5, 2025

SunCoke Energy completed its previously announced $325-million acquisition of Phoenix Global on Friday, Aug. 1.

The Lisle, Ill.-based coke producer said it has acquired all of the common units of Flame Aggregator LLC, which, together with its subsidiaries, operates as Phoenix Global.

SunCoke announced the deal at the end of May and has said it will enable the company to diversify into electric-arc furnace operations. It also adds international markets to SunCoke’s portfolio.

“We are thrilled to officially welcome Phoenix into the SunCoke family,” SunCoke President and CEO Katherine T. Gates said in a statement. “We are excited by the opportunity to reach new customers and new markets with the addition of Phoenix’s assets.”

Radnor, Pa.-based Phoenix Global is an international provider of fully integrated metals and mining services.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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