Press Releases
6 January 2026
Majestic Steel USA has named Chad Broyles as Executive Vice President of Business Operations, adding a proven leader with more than 15 years of experience across operations, supply chain, and commercial strategy, beginning on the front lines of steel manufacturing. In this critical role, Broyles will help unify Majestic's commercial and operational priorities to ensure alignment and consistency across markets. He will oversee Service Center Operations while playing an integral r
Read more...3 January 2026
Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced a significant expansion of EGA Leichtmetall in Germany. The new facility, located near Hannover, will increase EGA Leichtmetall’s recycling capacity more than six-fold, adding 110 thousand tonnes per year of scrap sorting capacity and 153 thousand tonnes per year of melting and casting capacity. The project represents an investment of approximately $170 million, with f
Read more...23 December 2025
Defence Metals Corp, a company focused on the development of the Wicheeda Rare Earth Project (Wicheeda Project), located near Prince George, British Columbia, Canada today released the following joint letter from Executive Chairman Guy de Selliers and President and Chief Executive Officer Mark Tory. Joint Letter from the Executive Chairman and CEO Dear Shareholders, 2025 has been a transformative year for Defense Metals Corp. as we continued to advance the Wichee
Read more...18 December 2025
JFE Steel Corporation announced today that it has developed a sensor that measures in real time the particle-size distribution of granulated material as it is transported on conveyors for sintering. Currently in use at the Fukuyama sintering plant of JFE Steel’s West Japan Works, the new sensor has demonstrated its ability to enhance sinter productivity. Going forward, JFE Steel plans to deploy the sensor on sintering lines at other plants to further stabilize blast furnace operations a
Read more...Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, and Sunstone, the world’s largest independent pre-baked anode producer, today announced that construction of an anode manufacturing plant in the United Arab Emirates will begin in 2026. The new anode manufacturing facility will have a capacity of 300 thousand tonnes of anodes per year. In line with Make it in the Emirates and the UAE’s Operation 300bn industrial growth strategy,
Read more...Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, and Sunstone, the world’s largest independent pre-baked anode producer, today announced that construction of an anode manufacturing plant in the United Arab Emirates will begin in 2026. The new anode manufacturing facility will have a capacity of 300 thousand tonnes of anodes per year. In line with Make it in the Emirates and the UAE’s Operation 300bn industrial growth strategy,
Read more...16 December 2025
Commercial Metals Company today announced that it has successfully completed the acquisition of Foley Products Company, LLC ("Foley") for a cash purchase price of $1.84 billion, subject to customary adjustments. Foley is a leading supplier of precast concrete and pipe products to the Southeast region, with additional presence in the Central and Western U.S. The company operates 18 facilities across nine states. Foley offers one of the most comprehensive portfolio of soluti
Read more...Alamo Group Inc. To Acquire Petersen Industries, Expanding Its Industrial Equipment Product Offering
11 December 2025
Alamo Group Inc., a leading global manufacturer of high-quality industrial and vegetation management equipment, today announced that it has signed a definitive agreement to acquire Petersen Industries, Inc. ("Petersen"), an innovative manufacturer of truck-mounted grapple loader equipment for a purchase price of $166.5 million. The purchase price, which is subject to customary post-closing adjustments, will be financed with a combination of cash on hand and availability under Alamo
Read more...10 December 2025
Monkey in the Metal, the Baltimore-based architectural metalwork specialist behind landmark projects including Ammoora Restaurant and Maryland Science Center MAKE Exhibit, today announced the successful completion of its acquisition of KSI Professional, a 30-year leader in presentation furniture and professional speaker systems. The real estate and business acquisition, finalized October 16, creates the Mid-Atlantic's only full-service architectural fabrication partner capable o
Read more...9 December 2025
Tata Steel has awarded international technology group ANDRITZ an order to supply an acid regeneration plant for its steel production facility at Port Talbot Works, Wales, UK. The new plant is designed to meet the highest environmental standards and support the planned capacity expansion of the facility’s pickling line. Commissioning is scheduled for late 2027. The order value will not be disclosed. It is included in ANDRITZ’s order intake for the fourth quarter
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