Melbourne, Australia-based BlueScope Steel Limited has announced that its subsidiary, BlueScope Steel North America Corp., acquired the outstanding shares of Luxembourg-based IMSA Steel Corp. for $730 million from Ternium S.A., New York. IMSA Steel has four distinct businesses with manufacturing facilities throughout the U.S. and sales throughout North America: ASC Profiles Inc., West Sacramento, Calif.; Metl-Span LLC, Lewisville, Texas; Steelscape Inc., Rancho Cucamonga, Calif.; and VP Buildings, Memphis, Tenn. Upon closure of the transaction, BlueScope Steel will welcome 2,500 employees and add 23 manufacturing sites to it portfolio, totaling 33 operating sites in North America. For more information about BlueScope Steel, visit www.bluescopesteel.com.