Press Releases

Brown Gibbons Lang & Company (BGL) is pleased to announce the completion of the sale of ROCA ACERO S.A. de C.V. (ROCA), a ferrous and nonferrous scrap metals recycling business, to Steel Dynamics, Inc.. The agreement was originally announced in May, and the transaction received the necessary regulatory approvals and officially closed earlier this month. As previously disclosed, Steel Dynamics acquired the equity interest of ROCA. BGL's Metals & Metals Processing investment banking

Flexsteel Industries, Inc., one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced today that it will issue its first quarter 2023 financial results after market close on Monday, October 24, 2022. A conference call and audio webcast with analysts and investors will be held on Tuesday, October 25, 2022 at 8:00 a.m. Central Time to discuss the results and answer questions. Live conference call: 866-777-2509

GrafTech International Ltd., will hold its Third Quarter 2022 Earnings Conference Call and Webcast on Friday, November 4, 2022 at 10:00 a.m. (EDT). The call will be hosted by senior management to discuss financial results for the third quarter ended September 30, 2022 and current business initiatives. These financial results will be released on Friday, November 4, 2022 before market open and will be available on our investor relations website at: http://ir.graftech.com. The conferen

United States Steel Corporation leadership and employees were joined by Minnesota Governor Tim Walz, other elected officials, and key partners to celebrate the Company’s investment in direct reduced (DR)-grade pellet capabilities at its Minnesota Ore Operations Keetac plant today. The investment marks a step forward in U. S. Steel’s metallics strategy by supplying the increasingly tight DR-grade pellet market and provides the company with the flexibility to feed a potential future

Cleveland-Cliffs Inc., will announce its third-quarter 2022 earnings results before the U.S. market open on Tuesday, October 25, 2022. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on October 25, 2022, at 10:00 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. About Cleve

The growing demand for electricity is expected to be a key driver for the electrical steel market in the forecast period. This can be attributed to the growing economy, rapidly rising populations and increasing demand for transportation, especially in developing countries such as China, India, Brazil and some African countries. The global electricity demand is projected to grow to 38,700 TWH by 2050, and electric vehicles are expected to account for 9% of the global demand. China and India wi

ArcelorMittal, the world’s leading steel and mining company, today hosted an investor and analyst event at AM/NS India’s flagship plant at Hazira, Gujarat, the first such meeting since ArcelorMittal and Nippon Steel jointly acquired the Indian asset in December 2019. The event focused on the progress AM/NS India has achieved since the acquisition completed and the strategic initiatives being undertaken to transform AM/NS India into a best-in-class, integrated steel produ

More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world's hardest-to-abate, carbon-intensive industries in this decade. New plans released at New York Climate Week for production of near-zero emissions materials - aluminium, ammonia and steel - have won support from more than 60 companies, bringing to more than 200 the tally of endorsements for MPP's published Sector Transition Strategies (STS) which al

The Board of Directors of Tata Steel Limited at its meeting held on September 22, 2022, considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel Limited. The subsidiaries are all majority owned by Tata Steel and include Tata Steel Long Products Limited (74.91% equity holding), The Tinplate Company of India Limited (74.96% equity holding), Tata Metaliks Limited (60.03% equity holding), The Indian Steel & Wire Products Limited (95.01% equity

Stelco Holdings Inc., announced today its intention to commence a substantial issuer bid (the “Offer”) pursuant to which the Company will offer to purchase up to 30,000,000 of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash at a price of $35.00 per Share (the “Purchase Price”) for an aggregate maximum purchase amount of $1,050,000,000. The terms of the Offer are identical to those of th