Press Releases

Esmark, Inc. confirmed today that it will not participate in the purchase process for U.S. Steel Corporation (NYSE:X) (“U.S. Steel”). Esmark had previously stated its intention to bid for, and negotiate a purchase with, U.S. Steel. Esmark respects the position of the United Steelworkers (USW) which is supporting Cleveland Cliff’s offer for U.S. Steel. Esmark maintains a solid working and personal relationship with the USW organization and its leadership. “The

Klauer Manufacturing Company, an innovator in the steel siding industry, enhances the beauty of home exteriors with Klauer Elite steel siding. The cladding offers warm curb appeal and adds durability, richness and little to no glare or reflecting light, even on the brightest of days. “Klauer Elite steel siding is a result of extensive research and development efforts by our team,” said Michael Igo, Vice President of Klauer Manufacturing. It’s specially formulated t

Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today released drilling results from a further three holes and assay results from the first five of eight holes drilled on its Mann Northwest Property located in the prolific Timmins Nickel District in Ontario. Mark Selby, CEO of Canada Nickel commented, "Our regional exploration program continues to deliver with today's confirmation of another discovery at Mann Nort

American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, has finalized the purchase of its commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada.  In March, ABTC entered into agreements to acquire the existing facility and the installe

Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) today announced receipt of the assignment of the United Steelworkers’ (USW) right to bid under their Basic Labor Agreement with United States Steel Corporation (NYSE:X) (“U.S. Steel”). With this exclusive assignment, Cliffs is the only realistic buyer able to acquire the totality of U.S. Steel. Furthermore, Cliffs has agreed to assume, upon closing of a transaction, all of the agreemen

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.425 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2023 and is payable on or about October 16, 2023. About Steel Dynamics, Inc. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United Sta

Prodigy Processing Solutions ("Prodigy"), a trailblazer in the cannabis and hemp extraction industry, today announced its partnership with Ohio-based Mitchell Fabricators, a leader in fabrication and modularization of process piping, pressure vessels, and structural steel. Owned by industry veteran Scott Mitchell, who boasts over 50 years of unmatched experience in manufacturing, Mitchell Fabricators brings unparalleled proficiency and innovation to Prodigy.

Foulath Subsidiary, Bahrain Steel, a leading producer, and global supplier of high-grade iron-ore pellets, has partnered with multinational conglomerate Essar Group in the supply of iron ore pellets to the Green Steel Arabia (GSA) project. The Letter of Intent (LOI) signing ceremony was held on Wednesday, 16th August 2023, in Jubail, KSA. Through this partnership, Bahrain Steel will deliver 4 million tonnes of DR-grade pellets per annum (mtpa) to Essar Group. Bahrain Steel is the on

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on September 29, 2023, to shareholders of record as of September 15, 2023. About Insteel Insteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire r

Fultra®, the parent company of Fruehauf®, is pleased to announce that it has acquired East® Manufacturing, a premier manufacturer of aluminum flatbed, drop deck, dump, round bottom and refuse trailers as well as steel dump trailers and aluminum truck bodies. Founded in 1968, East is the market leader in innovation consistently providing the North American commercial vehicle market with the industry’s strongest, most reliable aluminum trailers commanding the hi