Press Releases
Steel Dynamics, Inc. today provided record second quarter 2022 earnings guidance in the range of $6.33 to $6.37 per diluted share. Excluding the impact from costs associated with the startup of the company's Sinton Texas Flat Roll Steel Mill growth investment of an estimated $76 million, or $0.28 per diluted share, the company expects second quarter 2022 adjusted earnings to be in the range of $6.61 to $6.65 per diluted share. Comparatively, the company's sequential fi
Read more...Nucor Corporation today announced guidance for its second quarter ending July 2, 2022. Nucor expects second quarter earnings to be in the range of $8.75 to $8.85 per diluted share, which would surpass the previous quarterly earnings record of $7.97 per diluted share set in the fourth quarter of 2021. Nucor reported net earnings of $7.67 per diluted share in the first quarter of 2022 and $5.04 per diluted share in the second quarter of 2021. Included in the second quarter of 20
Read more...17 June 2022
AZZ Inc. a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will participate in the East Coast IDEAS Virtual Investor Conference on Thursday, June 23, 2022. AZZ's presentation is scheduled to be available at 6:00 a.m. ET on June 22, 20
Read more...Scott+Scott Attorneys at Law LLP , an international securities and consumer rights litigation firm, is investigating whether the directors of Steel Connect, Inc. (“Steel Connect”) (NASDAQ: STCN) breached their fiduciary duties to its shareholders in approving a merger with Steel Partners Holdings L.P. (“Steel Partners”) (NYSE: SPLP), for inadequate consideration. If you are a Steel Connect shareholder, you may contact attorney Joe Pettigrew for additional information t
Read more...Niles Steel Tank, the premier manufacturer of custom water storage tanks and a subsidiary of Bradford White Corporation, announces today the launch of a new mobile-friendly website with enhanced experiences for both customers and jobseekers. Focusing on maintaining top performance and offering the same depth of product information across multiple platforms, the website implements new dynamic menu systems that are intuitive to use on any screen size. To facilitate faster searches, th
Read more...15 June 2022
Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Steel Connect, Inc. (STCN), relating to its proposed merger with Steel Partners Holdings LP. Under the terms of the agreement, STCN shareholders will receive $1.35 in
Read more...When it came to June, the 10th Tube China, which will be held in Shanghai from September 23-26, is not far away. To promote technological innovation, green and intelligent transformation, Tube China 2022 focus on industry trending topics and provide a brand-new upgraded trade platform to present the state-of-the-art products, technologies as well as solutions from a professional perspective.
Read more...Northwest Pipe Company, a leading manufacturer of water-related infrastructure including engineered pipeline systems and precast products, has been selected by Ames Construction and the Central Utah Water Conservancy District to manufacture engineered steel pipe for Salem Reach 1 of the Spanish Fork Santaquin Pipeline Project. The Salem Reach 1 portion of the Spanish Fork Santaquin Pipeline will extend the Utah Lake System pipeline from Spanish Fork through Salem towards its terminu
Read more...Steel Partners Holdings L.P. a diversified global holding company and Steel Connect, Inc. today announced that they have signed a definitive merger agreement pursuant to which Steel Partners will acquire the remaining common stock of Steel Connect issued and outstanding immediately prior to the effective time of the merger. The holders of Steel Connect’s outstanding shares of common stock will receive US $1.35 per share in cash and one contingent value right (“CVR&rdqu
Read more...Nucor Corporation announced today that it has entered into an agreement to acquire Summit Utility Structures LLC and related company, Sovereign Steel Manufacturing LLC, producers of metal poles and other steel structures for utility infrastructure and highway signage. These companies will become part of a new business unit, Nucor Towers & Structures, serving the utility, transportation and telecommunication sectors. While the acquired companies are ideally suited to service the mark
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