Press Releases
16 November 2022
Commercial Metals Company today announced it completed the acquisition of a Galveston area metals recycling facility and related assets from Kodiak Resources, Inc. and Kodiak Properties, L.L.C. The acquired operation annually processes approximately 55,000 tons of ferrous and non-ferrous materials, with the majority of volumes related to obsolete ferrous scrap grades consumed by CMC's long product mills. The transaction is expected to enhance the security and supply of competitively
Read more...16 November 2022
Steel Connect, Inc. a holding company announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Parent” or “Steel Partners”) has terminated the merger agreement (the “Merger Agreement”) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (“Merger Sub” and, together with Parent, the “Parent Parties”), dated June 12, 2022, pursuant to which Steel Partners
Read more...16 November 2022
Greenwave Technology Solutions, Inc. a leading operator of 11 metal recycling facilities in Virginia and North Carolina, is pleased to announce its 12th metal recycling facility is expected to open in Fairmont, NC in November 2022 and its 13th metal recycling facility is expected to open in Richmond, VA in December 2022. Further, the Company’s second automotive shredder is nearly fully assembled and is on track to come online in December 2022.Greenwave is also pleased to announce it is
Read more...15 November 2022
Valmont Industries, Inc. a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that the Company has entered into a definitive agreement to sell its offshore wind business to Euro Steel, a Denmark-based supplier of steel products to the European wind market. The offshore wind business, known as Valmont SM, was acquired in 2014. It is reported in the Renewable Energy product line in the Company&rsqu
Read more...15 November 2022
LCI Industries through its wholly-owned subsidiary, Lippert Components, Inc. 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 that its subsidiary, Furrion LLC, has acquired substantially all of the business assets of Way Interglobal Network LLC (“Way”). Way, headquartered in E
Read more...11 November 2022
Steel Dynamics, Inc.today announced that the company's board of directors authorized an additional share repurchase program of up to $1.5 billion of the company's common stock. The authorization is effective immediately and is additive to the previous $1.25 billion program, which had $245 million remaining authorized and available for repurchase on September 30, 2022. Since 2017, the company has repurchased $3.7 billion of its common stock, representing 33% of its outstanding sh
Read more...LiqTech International, Inc. a clean technology company that manufactures and markets highly specialized filtration products and systems, today announced the receipt of an order for a wastewater treatment system for the metal processing industry in Denmark. The project will deploy a complete filtration system solution leveraging LiqTech's silicon carbide (SiC) membrane that has unique technical advantages for treating this type of wastewater. Wastewater from the
Read more...Canada Nickel Company Inc.today announced the results of further laboratory test results that build on the success of initial work on the In Process Tailings ("IPT") Carbonation Process, which is a novel method for accelerated carbon capture that the Company believes has transformative potential. Mark Selby, Chair and CEO of Canada Nickel commented, "These lab scale tests advance our understanding of how to operationalize this process to turn a nickel
Read more...The United Steelworkers today said that the union has reached tentative agreement on a new, four-year contract on behalf of roughly 13,000 members of 13 local unions at U.S. Steel facilities featuring major economic and contract language improvements. USW District 7 Director Michael Millsap, who chaired the negotiations, said that the bargaining committee unanimously recommended the tentative agreement for ratification and thanked union members for standing together in solida
Read more...The "Global Helical Submerged Arc Welded Steel Pipe Market Analysis By Diameter, Application, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering. The Global Helical Submerged Arc Welded (HSAW) Steel Pipe Market was valued at USD 5.42 Billion in the year 2021. HSAW pipes are mainly used in onshore transportation of oil and gas, and in w
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