Press Releases

In response to a recent wave of COVID-19 cases in Guangzhou, Wire and Cable Guangzhou, originally scheduled to be held from 21 – 23 July 2021 at the China Import and Export Fair Complex, will be postponed. Earlier, the People’s Government of Guangzhou Municipality released a set of guidelines about prevention and control measures including the suspension of all large-scale events[1]. Following the government’s guidance, the organisers of Wire & Cable Guangzhou

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Valmont Industries, Inc., a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture is proud to announce that Valmont Coatings, a business segment of Valmont Industries, Inc., won four Excellence in Hot-Dip Galvanizing Awards. The annual awards, presented by the American Galvanizers Association, recognizes projects that utilize hot-dip galvanized steel in a creative, unique, innovative, or monum

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Insteel Industries Inc. today announced that its third quarter 2021 earnings conference call will be webcast live over the internet on Thursday, July 22, 2021 at 10:00 a.m. ET following the release of the Company’s third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company’s website at https://insteelgcs.gcs-web.com/company-news/events-and-presentations and will be archived for replay. About Insteel

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The 3D printing metal materials market is expected to grow by USD 1.34 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the 3D printing metal materials market in optimistic, probable, and pessimistic forecast scenarios. In addition, the report projects the market to accelerate at a CAGR of almost 22%. The 3D printing metal materials market will witness a negative impact owing to the widespread growth of the

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Rio Tinto has started operations at a new commercial scale demonstration plant to produce high-quality scandium oxide at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The $6 million project, in which the Government of Quebec contributed approximately $650,000 through the Quebec Plan for the Development of Critical and Strategic Minerals, was completed on time and on budget, less than six months after the start of construction. Six employe

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Olympic Steel Inc., a leading national metals service center, today announced that it has amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. The revolving credit facility is secured primarily by the accounts receivable, inventory and property and equipment of the Company, excluding real estate. The facility includes an increase option of up to $200 million. Additionally, the amendment provides for th

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Flexsteel Industries, Inc., one of the largest manufacturers, importers and online marketers of furniture products in the United States, today announced the appointment of Kathryn (Katy) P. Dickson as an independent director of the Company effective June 14, 2021. Ms. Dickson is an omni-channel global executive who is known to provide organizational leadership resulting in digital transformation, global expansion, brand innovation, and revitalization. She has served in multiple publ

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LCI Industries, through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert™”) which supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced the acquisition of substantially all of the business assets of Trazcor, Inc. (“Trazcor”), a specialized metal fabrication compa

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Schnitzer Steel Industries, Inc. announced that the Company will report financial results for its third quarter fiscal 2021 ended May 31, 2021 on Wednesday, June 30, 2021. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Schnitzer’s website under Company > Investors > Event Calendar at https://schnitzersteel.com/company/investors/even

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Petuum today announced that Russula, a global engineering firm that delivers solutions to the steel industry has entered a strategic partnership with Petuum to develop advanced process control solutions powered by Petuum's Deep Learning Optimization software. Petuum's award-winning Industrial AI product, Petuum Optimum delivers precise real-time forecasts for key process variables, prescriptive optimal targets for critical variables, and AI-led automation control. Petuum Opt

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