Nucor Corporation announced today that it has entered into an agreement to purchase Hannibal Industries, Inc. for $370 million, which represents 6.9x EBITDA for the trailing-twelve months ended March 2021. The company is a leading national provider of racking solutions to warehouses and serves the e-commerce, industrial, food storage and retail segments. Pending approvals, Nucor will purchase 100 percent of Hannibal Industries' outstanding shares from its Employee Stock Ownership Plan (ES

Steel Dynamics, Inc., one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release second quarter 2021 financial results after market close on Monday, July 19, 2021. The teleconference is scheduled to begin at 10:00 a.m. Eastern Daylight Time on Tuesday July 20, 2021 and will be hosted by Mark D. Millett, Chairman, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer.

United States Steel Corporation today announced that it will release financial results for the second quarter 2021 on Thursday, July 29, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, July 30, 2021 at 8:30 a.m. EDT. The webcast will discuss the second quarter 2021 financial results and provide a company update which may include forward-looking information. U. S. S

Canada Nickel Company Inc. today announced additional results from its drilling program currently underway at the Nesbitt Nickel property, part of the Company's larger exploration program testing regional targets around its wholly-owned Crawford Nickel Sulphide Project. The two initial discovery holes were previously described in a press release dated June 29, 2021. Mark Selby, Chair and CEO said, "This third hole was drilled 1.8 kilometres east of the first two holes at Ne

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Steel - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Edition: 17; Released: June 2021 Executive Pool 5173 Companies: 160 - Players covered include Ansteel Group Corporatio

The "Metal Recycling Market Research Report by Type, by Scrap Type, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering. The Global Metal Recycling Market size was estimated at USD 74.62 Billion in 2020 and expected to reach USD 81.40 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 9.42% from 2020 to 2026 to reach USD 128.07 Billion by 2026. Competitive S

Air Liquide and Jiangsu Shagang Group, the largest private steel enterprise in China and one of top 5 globally, have signed a new long-term agreement for the supply of industrial gases in Zhangjiagang City, Jiangsu Province, China. Air Liquide will invest around 100 million euros towards the construction of a world-scale Air Separation Unit (ASU) on the site, where it already operates two other ASUs. Designed to use low carbon energy, this state of the art plant will allow to significantly re

Steel Dynamics, Inc. today announced a goal to be carbon neutral by 2050 for its electric arc furnace (EAF) steel mill operations. To achieve this target, the company also set interim emissions reduction and renewable energy milestones to be achieved by 2025 and 2030. On the path to carbon neutrality, Steel Dynamics is targeting a 20% Scope 1 and Scope 2 combined greenhouse gas (GHG) emissions intensity reduction across its EAF steel mills by 2025 and a 50% reduction by 2030, compar

Ampco-Pittsburgh Corporation announced today that it has entered into an amended and restated credit agreement (the "Credit Facility") consisting of a $100 million, five-year asset-backed revolving line of credit with a $30 million accordion feature. For the Credit Facility, PNC Capital Markets LLC and F.N.B. Capital Markets served as Joint Lead Arrangers, First National Bank of Pennsylvania served as Lender and Syndication Agent, and M&T Bank served as Lender and Docu

United States Steel Corporation today announced execution of a non-exclusive Memorandum of Understanding (“MOU”) with Equinor US Holdings Inc., an affiliate of Equinor ASA (NYSE: EQNR). Under the MOU, the companies will study the potential for carbon capture and storage (“CCS”) and hydrogen development in the tri-state region of Ohio, Pennsylvania, and West Virginia. Hydrogen based steel processes and CCS are among the more promising and sustainable technolog