Steel Dynamics, Inc. today announced a goal to be carbon neutral by 2050 for its electric arc furnace (EAF) steel mill operations. To achieve this target, the company also set interim emissions reduction and renewable energy milestones to be achieved by 2025 and 2030. On the path to carbon neutrality, Steel Dynamics is targeting a 20% Scope 1 and Scope 2 combined greenhouse gas (GHG) emissions intensity reduction across its EAF steel mills by 2025 and a 50% reduction by 2030, compar

Ampco-Pittsburgh Corporation announced today that it has entered into an amended and restated credit agreement (the "Credit Facility") consisting of a $100 million, five-year asset-backed revolving line of credit with a $30 million accordion feature. For the Credit Facility, PNC Capital Markets LLC and F.N.B. Capital Markets served as Joint Lead Arrangers, First National Bank of Pennsylvania served as Lender and Syndication Agent, and M&T Bank served as Lender and Docu

United States Steel Corporation today announced execution of a non-exclusive Memorandum of Understanding (“MOU”) with Equinor US Holdings Inc., an affiliate of Equinor ASA (NYSE: EQNR). Under the MOU, the companies will study the potential for carbon capture and storage (“CCS”) and hydrogen development in the tri-state region of Ohio, Pennsylvania, and West Virginia. Hydrogen based steel processes and CCS are among the more promising and sustainable technolog

In response to a recent wave of COVID-19 cases in Guangzhou, Wire and Cable Guangzhou, originally scheduled to be held from 21 – 23 July 2021 at the China Import and Export Fair Complex, will be postponed. Earlier, the People’s Government of Guangzhou Municipality released a set of guidelines about prevention and control measures including the suspension of all large-scale events[1]. Following the government’s guidance, the organisers of Wire & Cable Guangzhou

Valmont Industries, Inc., a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture is proud to announce that Valmont Coatings, a business segment of Valmont Industries, Inc., won four Excellence in Hot-Dip Galvanizing Awards. The annual awards, presented by the American Galvanizers Association, recognizes projects that utilize hot-dip galvanized steel in a creative, unique, innovative, or monum

Insteel Industries Inc. today announced that its third quarter 2021 earnings conference call will be webcast live over the internet on Thursday, July 22, 2021 at 10:00 a.m. ET following the release of the Company’s third 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://insteelgcs.gcs-web.com/company-news/events-and-presentations and will be archived for replay. About Insteel

The 3D printing metal materials market is expected to grow by USD 1.34 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the 3D printing metal materials market in optimistic, probable, and pessimistic forecast scenarios. In addition, the report projects the market to accelerate at a CAGR of almost 22%. The 3D printing metal materials market will witness a negative impact owing to the widespread growth of the

Rio Tinto has started operations at a new commercial scale demonstration plant to produce high-quality scandium oxide at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The $6 million project, in which the Government of Quebec contributed approximately $650,000 through the Quebec Plan for the Development of Critical and Strategic Minerals, was completed on time and on budget, less than six months after the start of construction. Six employe

Olympic Steel Inc., a leading national metals service center, today announced that it has amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. The revolving credit facility is secured primarily by the accounts receivable, inventory and property and equipment of the Company, excluding real estate. The facility includes an increase option of up to $200 million. Additionally, the amendment provides for th

Flexsteel Industries, Inc., one of the largest manufacturers, importers and online marketers of furniture products in the United States, today announced the appointment of Kathryn (Katy) P. Dickson as an independent director of the Company effective June 14, 2021. Ms. Dickson is an omni-channel global executive who is known to provide organizational leadership resulting in digital transformation, global expansion, brand innovation, and revitalization. She has served in multiple publ