Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, held a groundbreaking ceremony on June 1 for its new 900,000-square-foot state-of-the-art facility – a service center facility and headquarters for its wholly-owned subsidiary, Central Steel & Wire ("CS&W"). Located in University Park, IL (a southern suburb of Chicago), the new facility will provide over 300 jobs and will feature expanded bar and tube processing equipment

Origami Solar, developers of a patent-pending steel frame for solar modules that lowers cost and improves performance and value, announces new research findings that indicate Origami’s solution can reduce solar module production embodied GHG emissions by 87% over the industry’s ubiquitous aluminum frames. The report, released today by Boundless Impact Research and Analytics, underscores the critical role domestic steel sources can play in rebuilding and securing domestic PV module

Alcoa Corporation announced today that it is supplying low-carbon EcoLum™ aluminum to Hellenic Cables S.A., one of the largest cable producers in Europe with key markets in renewable energy transmission and distribution. Hellenic Cables, the cables segment of Cenergy Holdings, operates five manufacturing plants across three countries and manufactures power, telecommunication, and submarine cables, and compounds. The EcoLum brand is part of Alcoa’s Sustana&trade

Alfa Laval has signed an agreement with SSAB, the global Swedish steel company, to collaborate on the development and commercialization of the world's first heat exchanger to be made using fossil-free steel. The goal is to have the first unit made with hydrogen-reduced steel ready for 2023. The collaboration is also an important step in Alfa Laval's journey to become carbon neutral by 2030. Global steel production accounts for 7 percent of the world's carbon emissions. W

United States Steel Corporation today announced that it has completed an amendment and restatement of the company’s $1.75 billion asset-based sustainability-linked credit facility (the “ABL”). The ABL maturity has been extended to 2027 and contains targeted sustainability key performance indicators (KPIs) related to carbon reduction, safety performance and facility site certification by ResponsibleSteelTM. The ABL will incur positive or negative pricing adjustments

Commercial Steel Products LLC (CSP) has acquired Ace Steel Supply Inc. (Ace) in a stock purchase agreement. This acquisition is an alignment of mutual strategic interests between the two privately held steel companies. Thomas Sfikas, President of CSP, commented that the intent of the acquisition is to improve each company’s capabilities in better serving customers. “We see the purchase of Ace Steel Supply as an integral step in our continued growth and success providing

Ampco-Pittsburgh Corporation announced the filing of a Tender Offer and Prospectus Supplement (the “Offer”) with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to which the exercise price of each tendered Series A Warrant of the Corporation (each a “Series A Warrant”) is being temporarily reduced. Each Series A Warrant is exercisable for 0.4464 shares of the Corporation’s common stock, $1.00 par value per share (“Common Stock&r

Heritage Capital Group, an investment banking and financial advisory firm serving middle-market and emerging growth companies in the US and worldwide, is pleased to announce that its client Klein Steel Service, Inc. ("Klein Steel" or the "Company"), has been acquired by Alro Steel. Klein Steel, a premier metals supplier and processing center, provides world class inventory and supply management solutions with over 3,500 SKUs of carbon, stainless steel, aluminum,

The "U.S. and Mexico Metal Stamping Market Size, Share & Trends Analysis Report by Process (Blanking, Embossing, Bending, Coining, Flanging), by Application, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. and Mexico metal stamping market size is expected to reach USD 76.2 billion by 2030. The market is expected to expand at a CAGR of 4.4% from 2022 to 2030. Rising demand for metal stamping in variou

United States Steel Corporation employees joined United Steelworkers (USW) leadership, key partners, and elected officials to celebrate the Company’s investment in a pig iron caster at its Gary Works facility. The installation of the pig iron caster is a key part of U. S. Steel’s metallics strategy, capitalizing on its iron ore advantage. “Mined, melted and made in America has always been important to us, and recent world events have demonstrated how critical self-