Steel Partners Holdings L.P. a diversified global holding company, today announced operating results for the first quarter ended March 31, 2023. "Despite facing challenging economic headwinds, our company remains committed to achieving sustainable growth through a diligent approach to cost containment and operational efficiency," said Executive Chairman Warren Lichtenstein. "We are pleased to report that we continued our momentum from 2022 into the first quarter of 20

SES AI Corporation headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal rechargeable batteries for electric vehicles and other applications announced today that it is preparing Line 4 which will be its most-advanced and “next phase” Li-Metal cell manufacturing line following last year’s build-out of three A-sample lines, one in Shanghai China and two in Cheongchungbuk-do South Korea. “We have accumula

Aramco, one of the world's leading integrated energy and chemicals companies, Baoshan Iron & Steel Co.the world's leading steel conglomerate, and the Public Investment Fund have signed a shareholders' agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia. Subject to customary regulatory approvals and closing conditions, the joint venture complex is expected to be located in Ras al-Khair Industrial City, one of the four

Company of Merchants, a leading owner-operator of premier industrial facilities in the Gulf Coast region, including metal recycling, vehicle storage, and collision facilities, announces today the acquisition of three Texas-based metal recycling companies, including C&D Scrap Metal (C&D), H-Town Scrap Metal, and Fort Bend Recycling. H-Town Scrap Metal and Fort Bend Recycling will be rebranded and operate under C&D Scrap Metal, expanding the area's state-of-the-art facilities to

GrafTech International Ltd. today announced its participation in the AISTech 2023 Iron and Steel Technology Conference and Exposition, taking place May 8 – 11, 2023 in Detroit, Michigan. GrafTech will showcase its highly engineered graphite electrode products, services and solutions in booth 2043. About GrafTech GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc f

Stelco Holdings Inc., a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America, today announced that it plans to release its first quarter 2023 financial results on Wednesday, May 10, 2023, after the close of the market. Stelco management will host a conference call to discuss its results on Thursday, May 11, 2023 at 9:00 a.m. ET. To access the call, please dial 1-833-470-1428 or 1-4

United States Steel Corporation announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 7, 2023, to stockholders of record at the close of business on Monday, May 8, 2023. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, sustainabl

Cleveland-Cliffs Inc., announced today that it has reached a tentative agreement with the International Association of Machinists and Aerospace Workers (IAM) Local 1943 on a new 4-year agreement for its Middletown Works steelmaking operation. The contract will be effective on May 15, 2023, and will cover approximately 2,100 hourly employees. Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cleveland-Cliffs said, “The new labor agreement with our valued IA

Commercial Metals Company is proud to be a founding member of the Global Steel Climate Council (GSCC), an international coalition of steel producers and stakeholders spearheading the steel industry toward reducing emissions. Today, the GSCC released a draft of The Steel Climate Standard, a global standard to measure and report steel carbon emissions. The standard focuses on reducing greenhouse gas (GHG) emissions from the global steel industry with a science-based glidepath to reduc

Cyclic Materials, an advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The round was led by Energy Impact Partners (EIP) and BMW i Ventures (BiV) and included participation from Fifth Wall, Bioindustrial Innovation Canada (BIC), and existing Cyclic Materials investor Planetary Technologies. This funding round brings the company’s total capital raised to over $30 million and will c