Steel Dynamics, Inc. announced that as part of its North American raw material procurement strategy, the company has entered into a definitive agreement to acquire the equity interest of ROCA ACERO S.A. de C.V. ("ROCA") to be funded with available cash.  ROCA is headquartered in Monterrey, Mexico and operates a ferrous and nonferrous scrap metals recycling business.  ROCA's primary operations are comprised of four scrap processing facilities, strategically positioned n

CoTec Holdings Corp., is pleased to announce that it has entered into an agreement to acquire a 15.8% equity interest in MagIron LLC ("MagIron") for a US$2 million. MagIron is a U.S. based company that is in the process of acquiring a green iron ore project that it intends to refurbish and bring back into production. The investment includes terms customary for an investment of this nature, including Board representation subject to CoTec maintaining a 10% equity interest. J

The Board of Directors of GrafTech International Ltd. declared a quarterly cash dividend of $0.01 per share to stockholders of record as of the close of business on May 31, 2022, to be paid on June 30, 2022. About GrafTech GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio

In the steel manufacturing industry, companies face complex issues ranging from technology adaptation, regulatory pressures, and cost efficiencies, to maintaining consistent quality. Quaker Houghton, the global leader in industrial process fluids and long term partner to the steel industry, recognizes these challenges and works to develop customized solutions based on their innovative R&D approach and comprehensive range of products and services. This will be highlighted at the 2022 AISTe

Novelis Inc., the leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, today announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA. The highly advanced facility will have an initial 600 kilotonnes of finished aluminum goods capacity per year. "This investment marks the start of another transformational growth phase for Novelis," said Mr. Kumar Mangalam Birla, C

Opta Group LLC, a portfolio company of Speyside Equity, announced today that it has joined ResponsibleSteel. A nonprofit organization, ResponsibleSteel is the steel industry's first global, multi-stakeholder standard and certification initiative. Its mission is to maximize steel's contribution to a sustainable society. "As members of our communities, Opta Group has always operated in a manner that respects the environment," says John Dietrich, CEO of Opta Group. &q

The "Steel Global Market Review 2022 and Forecast to 2031" report has been added to ResearchAndMarkets.com's offering. The report presents a thorough study of the steel industry, covering both global and national markets. It aims to give a proper picture of the market, its trends, perspectives and opportunities. Comprehensive data on steel worldwide production, demand, trade statistics and prices are provided. Each country's market overview covers the fol

According to a Comprehensive Research Report by Market Research Future (MRFR), “Metal Casting Market Information by Vehicle Type, Cargo Type, End Use and Region - Forecast till 2030”, the market is estimated to grow at a CAGR of 7.8% CAGR to reach USD 5,19,103.59 Million by 2030. Market Scope Metal casting is a method of producing geometrically complex parts or components by pouring molten or liquid metal into a mold made of sand, metal, or cer

Steel Dynamics, Inc. today announced that the company's board of directors has declared a quarterly cash dividend of $0.34 per common share.  The dividend is payable to shareholders of record at the close of business on June 30, 2022 and is payable on or about July 15, 2022. About Steel Dynamics, Inc. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and me

Atlas Tube, a division of Zekelman Industries, has opened their newest steel mill in Blytheville, Arkansas. Their second in Blytheville, the new facility will be dedicated to producing Jumbo Hollow Structural Sections (HSS) as large as 28" OD with walls up to 1" thick. The $150 million project is the largest private investment in the U.S. steel industry in the last decade. "Thanks to companies like Atlas Tube, Mississippi County continues to lead the country as a prem