Press Releases

An international group of major steelmakers today announced the formation of a coalition to urge the United States and European Union to adopt a global emissions standard that inspires steel fabricators to use the cleanest steel production process available. The new coalition – the Global Steel Climate Council supports the creation of a global standard that accelerates the transition to low-emission steel and recognizes the potential of the circular model of producing recycled

An international group of leading steel manufacturers today announced the formation of a coalition to urge the United States and the European Union to adopt a global emissions standard that incentivizes manufacturers of steel to use the cleanest production process available.   The new coalition, the Global Steel Climate Council (GSCC), supports a global standard that accelerates the transition to low-emission produced steel and recognizes the potential of the circular steel rec

LSQ, a leading provider of working capital finance and payments solutions, today announced a partnership with Indiana-based Rochester Iron & Metal to provide a supply chain finance program to its metal processing and recycling suppliers. Through the program, suppliers will have the ability to receive early payment for invoices to Rochester through LSQ FastTrack®, the best-in-class working capital finance and payments platform. This partnership is not a totally new

An international group of leading steelmakers today announced they have formed a coalition to urge the United States and the European Union to adopt a global emissions standard that encourages steelmakers to adopt the cleanest steelmaking practices that are available.   The new coalition - the Global Steel Climate Council (GSCC) - supports a global standard that accelerates the transition to low-carbon steel production and recognizes the potential of a model of recycled steel p

Precision ADM, a leading Canadian additive manufacturer, is announcing the formation of a strategic partnership with Tecomet, a global leader in the design, development, and manufacturing of components for the medical, aerospace and defence industries Precision ADM, a leader in additive and subtractive manufacturing for the medical, aerospace and industrial sectors, announced today that it has entered into a strategic partnership with Tecomet, to expand development and production op

Northwest Pipe Company a leading manufacturer of water-related infrastructure including engineered pipeline systems and precast products, has developed the Permalok Radial Bending Joint (RBJ) that enables steel pipe to be installed in a curved radius in  microtunneling applications This patent-pending technology is a ground-breaking advancement in trenchless microtunneling construction. The Northwest Pipe Company team developed the proprietary joint design to meet a target radi

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

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

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

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