AZZ Inc. a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, announced today that it has entered into an agreement to acquire DAAM Galvanizing Co. Ltd. ("DAAM"), a privately held hot-dip galvanizing company based in Edmonton, Alberta Canada. Terms of the transaction were not disclosed. DAAM has a 60-year reputation of industr

Algoma Steel Group Inc. announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to make a normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares may not, from time to time, fully reflect their value and accordingly the purchase of Shares would be in the best interests of the Co

United States Steel Corporation announced that it is advancing its metallics strategy by insourcing pig iron capabilities at Gary Works. The approximately $60 million investment will produce up to 500,000 tons of pig iron annually and provide a critical raw material input for its electric arc furnaces (EAF). Once complete, the Gary pig iron production is expected to provide nearly 50% of Big River Steel’s other ore-based metallics needs, contribute over $30 million of run-rate enterpris

NIM Group, one of the nation's largest family-owned networks of steel service centers announced today that NIM Group has acquired Plateplus, Inc.'s Windsor, Colo., plant. The acquisition further expands NIM Group's product lines and processing capabilities. NIM Group now has 17 locations stretching from New Jersey to Washington with daily deliveries to customers in thirty states. "We are pleased to welcome the Windsor team to the NIM Group family," Ar

NioBay Metals Inc. a Company focused on the exploration, development and use of critical “green” metals with a priority on the Environment, Social, Governance and Indigenous participation (ESGI), is pleased to announce that Forage G4 Drilling (“G4”), with the support of Expedition Helicopters (“Expedition”) and Expedition Camps and Logistics has completed the mobilisation of the first drill rig and commenced drilling of its 15,000 to 20,000 meter explo

NioBay Metals Inc. a Company focused on the exploration, development and use of critical “green” metals with a priority on the Environment, Social, Governance and Indigenous participation (ESGI), is pleased to announce that Forage G4 Drilling (“G4”), with the support of Expedition Helicopters (“Expedition”) and Expedition Camps and Logistics has completed the mobilisation of the first drill rig and commenced drilling of its 15,000 to 20,000 meter exploratio

Acrow, a leading international bridge engineering and supply company, recently designed and supplied a modular steel bridge to maintain traffic flow during a section of the New Jersey Department of Transportation’s (NJDOT) I-295 Direct Connect project in Camden County, New Jersey. The Direct Connect initiative is designed to improve safety and reduce traffic congestion at the intersection of I-295 with I-76 and Route 42 by providing a new direct passage for I-295 through traff

Commercial Metals Company  announced today the closing of the previously announced sale of $145.1 million in original aggregate principal amount of Exempt Facilities Revenue Bonds (Commercial Metals Company Project), Series 2022 (the "Bonds"), issued by the Industrial Development Authority of the County of Maricopa (the "MCIDA"). The sale of the Bonds provided proceeds of $150.0 million, which CMC has borrowed from MCIDA pursuant to a loan agreement, and CMC will use

Cleveland-Cliffs Inc. announced today that it will indefinitely idle its Indiana Harbor #4 blast furnace (IH#4). This action is a result of the successful implementation of operational improvements, particularly the addition of significant amounts of HBI to the burden of blast furnaces and the maximization of scrap usage in BOFs. The employees allocated to IH#4 will be reassigned to other positions within Indiana Harbor Works, as the number of available job openings at the Indiana Harbor comp

New to Packline Materials Handling and Ultrasource LLC, the bespoke stainless roll handling equipment with rollers and side shift mechanism was designed in response to a customer requirement in the food processing industry to precisely access and lift heavy rolls across the width of a pallet and easily load and unload the rolls onto and off the lifting machine. This roll handling solution is suitable for clean room high care environments such as the food, drinks, pharmaceutical and packaging