Press Releases

Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors , today announced that it advised Roane Metals Group  a scrap metal recycling facility, on the sale of the business to Commercial Metals Company. Financial terms of the private transaction were not disclosed. Founded in 2004, Roane Metals is an industry leading ferrous and non-ferrous metals recycling company headquartered in Rockwood, Tennessee. The Company specializes in the purchase,

Canada Nickel Company Inc.today announced assay results from the first twelve holes of its initial drill program at the Texmont property that confirm high grade, near-surface nickel mineralization. Texmont is located 36 kilometres south of Timmins. The Company has drilled a total of 39 holes and 9,670 metres, completing its initial phase to support the development of a mineral resource at Texmont expected to be delivered later this year. Mark Selby, Chair & CEO of Cana

Cleveland-Cliffs Inc. today applauded the U.S. International Trade Commission’s unanimous affirmative preliminary determination on all countries in response to antidumping and countervailing duty petitions on tin and chromium coated sheet steel products filed by Cleveland-Cliffs and the United Steelworkers (“USW”). This affirmative preliminary determination relates to petitions seeking antidumping duties on U.S. imports of tin mill products from Canada, China, Germany, the N

United States Steel Corporation  and CarbonFree Chemicals Holdings, LLC  have signed a non-binding Memorandum of Understanding to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology. If a definitive agreement is reached, the project is expected to capture and mineralize up to 50,000 metric tons of CO2 per year, the equivalent to carbon emissions from nearly 11,000 passenger

Flack Global Metals announced today they closed on their acquisition of Fabral Metal and Wall Roof Systems from OmniMax International, Inc. Terms of the transaction were not disclosed. Fabral is the premier supplier of metal building envelope solutions for multiple end markets including residential, commercial and post frame/agricultural. FGM is a hybrid organization combining an innovative domestic flat rolled metals distributor and supply chain manager with a financial services fi

Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $1,100 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Clif

Since the adjustment of the epidemic policy announced in January this year, the organizer of Tube China has received a large number of exhibitors' reservations and inquiries, including many new customers as well as old clients hoping to increase the exhibition area. Since the booth space is in short supply, the new W4-1 hall is launched by organizer at Tube China 2023! Not only reflects Tube China's industry appeal in Asia, but also reflects the strong trend of rapid market recovery f

Reliance Steel & Aluminum Co. announced today that Karla Lewis, President and Chief Executive Officer, and Arthur Ajemyan, Senior Vice President and Chief Financial Officer, will participate in the BMO Global Metals, Mining & Critical Minerals Conference on Wednesday, March 1, 2023 in Hollywood, Florida. Reliance is scheduled to present at 8:00 a.m. ET and will participate in meetings with investors throughout the day. The presentation will be webcast live over the Internet,

Industrial Metal Supply Co (IMS), the Southwest's largest metal supplier, is moving to its new, larger warehouse and store located at 38th Street and Southern Avenue in South Phoenix. The new facility offers same-day access to a large variety of metals and related accessories and continues IMS's tradition of 75 years of service. "The demand for metal is growing exponentially here in Arizona, and we are ready to meet that demand," said IMS owner and CEO Neil Sherman

Teck Resources Limited announced today the reorganization of its business (the “Separation”) to separate Teck into two independent, publicly-listed companies: Teck Metals Corp. (“Teck Metals”) and Elk Valley Resources Ltd. (“EVR”). The Separation will create two world-class resource companies and provide investors with choice for allocating investment between two businesses with different commodity fundamentals and value propositions. Teck Metals