LCI Industries, through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert™”) which supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced the acquisition of substantially all of the business assets of Trazcor, Inc. (“Trazcor”), a specialized metal fabrication compa

Schnitzer Steel Industries, Inc. announced that the Company will report financial results for its third quarter fiscal 2021 ended May 31, 2021 on Wednesday, June 30, 2021. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Schnitzer’s website under Company > Investors > Event Calendar at https://schnitzersteel.com/company/investors/even

Petuum today announced that Russula, a global engineering firm that delivers solutions to the steel industry has entered a strategic partnership with Petuum to develop advanced process control solutions powered by Petuum's Deep Learning Optimization software. Petuum's award-winning Industrial AI product, Petuum Optimum delivers precise real-time forecasts for key process variables, prescriptive optimal targets for critical variables, and AI-led automation control. Petuum Opt

Hyperion Metals Limited is pleased to announce that it has entered into an agreement with Blacksand Technology, LLC (“Blacksand”) to investigate the commercial development of spherical titanium metal powders using the GSD technology and an option to enter into an exclusive license agreement for the patents associated with the technology (“the Agreements”). The "Global Special Steel Market (2021 Edition) - Analysis By Type (Gear, Bearing, Alloy, Others),

Cleveland-Cliffs Inc. is celebrating today the initial six months of continued operation and production of hot-briquetted iron (HBI) at the Company’s state-of-the art Direct Reduction plant in Toledo, Ohio. Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves will host Ohio Governor Mike DeWine for a ribbon cutting ceremony on site. The plant employs nearly 160 employees. Cleveland-Cliffs will be live streaming the ribbon cutting event from the Dire

Maire Tecnimont Group's subsidiary NextChem, and Paul Wurth, a company of the SMS Group and leading technology provider for the steel industry, will join forces to promote the combined use of electrolysis and syngas production in the iron and steel industry. The cooperation between NextChem and Paul Wurth is aimed at developing an advanced technological solution to convert natural gas into synthesis gas, known as syngas, to be used during iron ore reduction. The utilisation of s

The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.405 per share on Nucor's common stock.  This cash dividend is payable on August 11, 2021 to stockholders of record on June 30, 2021 and is Nucor's 193rd consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico.

Nucor Corporation announced today that it has signed a definitive purchase agreement to acquire Cornerstone Building Brands' insulated metal panels (IMP) business for a cash purchase price of $1 billion, or approximately 10x pre-pandemic EBITDA inclusive of expected synergies. Adjusting for the net present value of associated tax benefits, the realized effective purchase price for Nucor is approximately $900 million.  The transaction is expected to close later this year, pending regu

Ampco-Pittsburgh Corporation announced today that it would be presenting at the virtual East Coast IDEAS Investor Conference on June 16, 2021. J. Brett McBrayer, Chief Executive Officer, will present a corporate overview and update for registered investors and other conference attendees. The Corporation's presentation will be webcasted and is scheduled to be accessible at 8:00 am EDT on June 16, 2021, on the IDEAS conference website at www.IDEASconferences.com. In addi

Air Liquide and PAO Severstal, one of the leading steel producers, have signed a new long-term contract for the supply of oxygen to the Severstal CherMK site in Russia. Air Liquide will invest around 60 million euros in the construction of a state-of-the-art Air Separation Unit (ASU) on the site, one of the largest oxygen sites in continental Europe, where it already owns three other ASUs. Thanks to enhanced energy efficiency, this new unit will improve the overall environmental footprint.