Udokan Copper – the company that develops one of the largest copper deposits in the world, located in the Far East of Russia, and is currently building a mining and metallurgical plant (MMP) - has completed the installation of a gyratory crusher at its coarse crushing plant. The ThyssenKrupp crusher will process rougher ore fractions supplied from Zapadniy open pit. German Mironov, CEO of Udokan Copper, noted: "The crusher has the best operational capacity compared to oth

Nucor Corporation announced today that it has successfully completed its acquisition of Cornerstone Building Brands' insulated metal panels (IMP) business for a cash purchase price of approximately $1 billion, subject to customary adjustments. The Nucor management team is in place and the CENTRIA and Metl-Span brands acquired from Cornerstone Building Brands are now a part of the newly created Insulated Panel Group, which also includes the Company's existing IMP business, TrueCore.

Schnitzer Steel Industries, Inc., one of North America’s largest manufacturers and exporters of recycled metal products, today announced that it has been certified as a Great Place to Work®, establishing itself as a member of a distinguished group of companies that value employee trust, respect, pride, and camaraderie. Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading re

Cleveland-Cliffs Inc. announced today that its employees represented by the United Auto Workers (UAW) Local 600 have ratified a three-year labor contract for its Dearborn Works operations. The new contract is retroactively effective from August 1, 2021 through July 31, 2024, and will cover approximately 1,000 UAW-represented workers at Dearborn. Lourenco Goncalves, Chairman, President and CEO, stated, “We are extremely pleased to continue our commitment to good-paying middle c

Set to grow by 40.28 million MT during 2020-2024, Technavio's latest market research report estimates the iron castings market to register a CAGR of over 6%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Argonaut Private Equity, a Tulsa, Okla.-based private equity fund, announced the acquisition of Oklahoma-based Crimson Steel Supply. Founded in 2010, Crimson Steel Supply is a full-service rebar fabricator, wire mesh supplier, and highway/roadway structural steel fabricator headquartered in Tulsa, Okla., with additional facilities in Muskogee, Okla. and Oklahoma City, Okla. In addition to its leading presence in the Oklahoma market, Crimson Steel supports and ships to a broad base o

Klean Kanteen, a family and employee-owned leader in sustainable drinkware and food solutions, is pleased to announce it will make its products with certified 90% post-consumer recycled 18/8 stainless steel starting in 2022. Founded in 2004 to reduce consumer dependence on single-use plastic water bottles, Klean Kanteen has a long track record of environmental stewardship. Klean Kanteen is Climate Neutral Certified, a long-standing Certified B Corporation, and a 1% For the Planet Me

United States Steel Corporation today announced that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 9, 2021 to stockholders of record at the close of business on Monday, August 9, 2021. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the company’s customer-centric Best for All strategy is advancing a more secure, sustainab

Alloy Steel International, Inc. the manufacturer of Arcoplate and provider of anti-wear and hang-up solutions to the mining and bulk materials industries, based in Perth, Western Australia, and Kostecki Brokerage Pty Ltd (a wholly owned entity owned by the Kostecki family) today announced that they have entered into a definitive merger agreement under which Kostecki Brokerage Pty Ltd ('KBPL") will acquire the non-controlling shareholders' interest in the Company in an all cash tr

Cleveland-Cliffs Inc. announced today that it has completed the redemption of the entirety of its outstanding Series B Participating Redeemable Preferred Stock held by an affiliate of ArcelorMittal S.A. for approximately $1.2 billion, or $21.18 per common share for the equivalent of approximately 58 million common shares. The redemption was completed with existing liquidity. The elimination of the preferred shares from Cleveland-Cliffs’ capital structure reduces the Company’s dilu