Press Releases

RIMS, the risk management society, presented Tata Steel Limited with the 2022 ERM Global Award of Distinction at the RIMS ERM Conference 2022. The award recognises Tata Steel’s outstanding ERM achievements that have enabled the organisation to streamline processes, strengthen collaboration across the enterprise and achieve strategic objectives.   Given the dynamic and uncertain business landscape it operates in, Tata Steel has developed and deployed in-house its ERM frame

Read more...

POSCO Group CEO Jeong-woo Choi was named 'CEO of the Year' at the 10th Global Metals Awards held by S&P Global Commodity Insight in London on 27th Oct. S&P Global Commodity Insights - the world's biggest information analysis provider in the steel, raw material and energy sector - has awarded companies and individuals who delivered outstanding achievement in 17 areas."Since established in a small fishing village in Pohang in 1968, POSCO has become one of the

Read more...

An international group of major steelmakers today announced the formation of a coalition to urge the United States and European Union to adopt a global emissions standard that inspires steel fabricators to use the cleanest steel production process available. The new coalition – the Global Steel Climate Council supports the creation of a global standard that accelerates the transition to low-emission steel and recognizes the potential of the circular model of producing recycled

Read more...

An international group of leading steel manufacturers today announced the formation of a coalition to urge the United States and the European Union to adopt a global emissions standard that incentivizes manufacturers of steel to use the cleanest production process available.   The new coalition, the Global Steel Climate Council (GSCC), supports a global standard that accelerates the transition to low-emission produced steel and recognizes the potential of the circular steel rec

Read more...

LSQ, a leading provider of working capital finance and payments solutions, today announced a partnership with Indiana-based Rochester Iron & Metal to provide a supply chain finance program to its metal processing and recycling suppliers. Through the program, suppliers will have the ability to receive early payment for invoices to Rochester through LSQ FastTrack®, the best-in-class working capital finance and payments platform. This partnership is not a totally new

Read more...

An international group of leading steelmakers today announced they have formed a coalition to urge the United States and the European Union to adopt a global emissions standard that encourages steelmakers to adopt the cleanest steelmaking practices that are available.   The new coalition - the Global Steel Climate Council (GSCC) - supports a global standard that accelerates the transition to low-carbon steel production and recognizes the potential of a model of recycled steel p

Read more...

Precision ADM, a leading Canadian additive manufacturer, is announcing the formation of a strategic partnership with Tecomet, a global leader in the design, development, and manufacturing of components for the medical, aerospace and defence industries Precision ADM, a leader in additive and subtractive manufacturing for the medical, aerospace and industrial sectors, announced today that it has entered into a strategic partnership with Tecomet, to expand development and production op

Read more...

Northwest Pipe Company a leading manufacturer of water-related infrastructure including engineered pipeline systems and precast products, has developed the Permalok Radial Bending Joint (RBJ) that enables steel pipe to be installed in a curved radius in  microtunneling applications This patent-pending technology is a ground-breaking advancement in trenchless microtunneling construction. The Northwest Pipe Company team developed the proprietary joint design to meet a target radi

Read more...

Commercial Metals Company today announced it completed the acquisition of a Galveston area metals recycling facility and related assets from Kodiak Resources, Inc. and Kodiak Properties, L.L.C. The acquired operation annually processes approximately 55,000 tons of ferrous and non-ferrous materials, with the majority of volumes related to obsolete ferrous scrap grades consumed by CMC's long product mills.  The transaction is expected to enhance the security and supply of competitively

Read more...

Steel Connect, Inc. a holding company  announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Parent” or “Steel Partners”) has terminated the merger agreement (the “Merger Agreement”) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (“Merger Sub” and, together with Parent, the “Parent Parties”), dated June 12, 2022, pursuant to which Steel Partners

Read more...