Press Releases

Majestic Steel USA, Inc.  a leading steel service center, has announced a new partnership with Kaulig Racing. Beginning at the 64th running of the Daytona 500, Majestic Steel will be an associate partner of the No. 16 Chevy Camaro ZL1 for the 2022 NASCAR Cup Series (NCS) season. "We're excited about the opportunity to partner with Kaulig Racing. We view NASCAR as one of America's greatest sports and racing doesn't happen without steel," said Todd

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Vishay Precision Group, Inc. a leader in precision measurement sensing technologies, today announced a new corporate strategy resulting in a realignment of its reporting business segments.   The new corporate strategy and reporting structure builds on the Company’s strengths and investments. The change is designed to accelerate the Company’s growth and optimize its financial performance by leveraging its core technologies, competitive position, and deep technical ex

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Tacora Resources Inc. today announced that it has successfully completed the offering of $50 million aggregate principal amount of its 8.250% senior secured notes due 2026. The New Notes are an addition to the $175 million principal amount of 8.250% senior secured notes due 2026 that it issued in May 2021. The net proceeds from the New Notes, after payment of related costs and expenses, will be used by Tacora for general corporate purpose and to increase liquidity. "T

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The "Bi-Metal Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering. The bi-metal band saw blades market was valued at US$ 3,922.06 million in 2020 and is projected to reach US$ 5,907.52 million by 2028; it is expected to grow at a CAGR of 5.3% from 2020 to 2028. Bi-metal band saw blades are made of two metal, primarily high strength steel (HSS) and spring steel. These blades

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United States Steel Corporation  today announced that Christine S. Breves, Senior Vice President & Chief Financial Officer, has informed the company of her intention to leave the company in 2022, after nine years of service with the company. Ms. Breves will continue to serve as Chief Financial Officer while the company conducts a search for a permanent replacement. To ensure the company gains the full benefit of her extensive financial and supply chain expertise, Ms. Breves

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Zurn Water Solutions Corporation , a market leader in smart, sustainable water solutions and products, and Elkay Manufacturing Company, a market leader in the highly attractive and growing commercial drinking water solutions business, announced today they have reached a definitive agreement to combine the businesses in an all-stock transaction. Upon completion of the transaction, Zurn Water Solutions shareholders will own approximately 71% and Elkay shareholders will own approximately 29% of

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United States Steel Corporation broke ground in Osceola, Arkansas on the company’s next-generation highly sustainable and technologically advanced steel mill. The $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas. “Several years ago, we embarked on a transformative vision for U. S. Steel,” said U. S. Steel President & CEO David B. Burritt. “Now we celebrate, as we take another

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Russel Metals Inc. announces that it has declared a dividend in the amount of CA$0.38 per share on its common shares, payable on March 15, 2022 to shareholders of record at the close of business on February 28, 2022. About Russel Metals Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel di

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The "Metal & Steel Traders of the World Directory 2022" directory has been added to ResearchAndMarkets.com's offering. The comprehensive guide to Metal & Steel trading companies worldwide, this is the latest edition of the Metal & Steel Traders of the World Directory. The directory allows you to pinpoint the company or person you need instantly. Listing key traders of aluminium, steel, base metals, minor and precious metals the Directory is an invaluable gu

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United States Steel Corporation broke ground in Osceola, Arkansas on the company’s next-generation highly sustainable and technologically advanced steel mill. The $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas. “Several years ago, we embarked on a transformative vision for U.S. Steel,” said U. S. Steel President & CEO David B. Burritt. “Now we celebrate, as we take another

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