Press Releases
Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced today the strategic acquisition of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com. Europe's second largest steel producer, ThyssenKrupp, shuttered the German facility in September 2021. During its operation, the heavy plate rolling mill facility produced approxima
Read more...Insteel Industries Inc. announced that its second quarter 2022 earnings conference call will be webcast live over the internet on Thursday, April 21, 2022, at 10:00 a.m. ET following the release of the Company’s second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company’s website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation&r
Read more...22 March 2022
Steele Solutions Inc. (SSI), leader in the design and manufacturing of highly complex work platform solutions for distribution facilitates and Tiffin Metal Products (TMP), established leaders in custom chute systems for distribution and manufacturing facilities have combined to create a new company offering greater scale, innovation and benefits for our employees and customers. Kevin O'Neill, CEO of Steele Solutions, Inc. commented, "Tiffin Metal Products is a perfect partn
Read more...ArcelorMittal has announced an investment of more than €300m, with the support of the French government, to create a new production unit for electrical steels at its Mardyck site in the north of France. This investment will create more than 100 direct jobs. With this new unit, which will specialise in the production of electrical steels for the engines of electric vehicles and which complements ArcelorMittal’s existing electrical steels plant in Saint-Chély d’Apcher, i
Read more...Nucor Corporation was recognized as a General Motors (GM) Supplier of the Year for the fourth straight year. In addition, Nucor received the GM Overdrive Award for our partnership with GM on Econiq™, the world's first line of net-zero carbon steel products at scale. Nucor remains the only electric arc furnace steelmaker to receive the Supplier of the Year Award. "On behalf of Nucor's almost 30,000 teammates, I want to thank GM for recognizing our company with thes
Read more...La Tim Metal & Industries, a listed company has been in the steel trade since 1987 and deals with Colour Coated Steel Sheets. La Tim has an un-utilized land parcel in Khopoli - Pali, Raigad district with huge business potential. With the central government's focus on nation-building through infrastructure development, La Tim is delighted to announce Phase 1 of an Industrial Park on 30-40 acres of land parcels on Khopoli - Pali Road. As far as industrial growth is c
Read more...Today, March 16, 2022, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.14 per share of CMC common stock. CMC's 230th consecutive quarterly dividend will be paid on April 13, 2022, to stockholders of record as of the close of business on March 30, 2022. About Commercial Metals Company Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel
Read more...United States Steel Corporation has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. U. S. Steel was the only integrated steel producer, and one of just three honorees in the “metals, minerals & mining” category. In total, 136 companies were recognized, spanning 22 countries and 45 industries. Grounded in Ethisphere’s proprieta
Read more...Northwest Pipe Company, an industry leader of engineered pipeline systems for water infrastructure and high-quality precast and reinforced concrete products, today announced its financial results for the fourth quarter and full year ended December 31, 2021. The Company will broadcast its fourth quarter and full year 2021 earnings conference call on Wednesday, March 16, 2022 at 7:00 a.m. PT. Acquisition of ParkUSA As previously announced, the Company completed the acquisiti
Read more...15 March 2022
Northwest Pipe Company (Nasdaq: NWPX), a leading manufacturer of water-related infrastructure including engineered pipeline systems and precast products, has been selected by S.J. Louis Construction, Inc., a Minnesota-based general contractor specializing in underground utility construction for 39 years, to manufacture engineered steel water transmission pipe for the Code Talkers Lateral Reaches 12.1 and 12.2 of the Navajo-Gallup Water Supply Project. The Navajo-Gallup Water Supply
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