Press Releases

Steel Dynamics, Inc. today provided third quarter 2025 earnings guidance in the range of $2.60 to $2.64 per diluted share, with improved earnings from each of the company's three operating platforms. Comparatively, the company's sequential second quarter 2025 earnings were $2.01 per diluted share, and prior year third quarter earnings were $2.05 per diluted share. Third quarter 2025 profitability from the company's steel operations is expected to be stronger than sequent

Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") today announced the successful rollout and delivery of its first knuckle boom crane from its Wilbert subsidiary factory in Germany. The delivery to a Slovak customer marks another significant step in advancing the company's European localization strategy and strengthening its presence in the region. The newly delivered ZLK7600V803 knuckle boom crane represents the integration of Zoomlion technology

Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") today announced the successful rollout and delivery of its first knuckle boom crane from its Wilbert subsidiary factory in Germany. The delivery to a Slovak customer marks another significant step in advancing the company's European localization strategy and strengthening its presence in the region. The newly delivered ZLK7600V803 knuckle boom crane represents the integration of Zoomlion technology

As part of an ongoing commitment to sustainability, several steel plants across Asia are initiating substantial expansions of their water management systems. These systems are crucial in addressing both the operational needs of steel production and the emerging regulatory requirements regarding water conservation and effluent treatment. Stakeholders recognize that effective water management is essential for maintaining the balance between production demands and environmental stewardship.

In recent developments, steel manufacturers across the Asian region have been rapidly integrating advanced automation solutions to enhance their production efficiencies and meet the growing demand for steel products. Industry players are recognizing the critical role that automation plays not only in throughput but also in maintaining quality standards and reducing operational costs.This trend is reflected in the growing number of partnerships between traditional steelmakers and techno

On September 11, 2025, ABCO Systems, Inc., a prominent player in the industrial equipment sector, announced the launch of a groundbreaking series of eco-friendly technologies designed to reduce the environmental impact of steel production. This initiative aligns with the pressing need for sustainable practices in the steel industry, as companies increasingly face scrutiny over their environmental footprints.The new technologies focus on reducing emissions and enhancing energy efficienc

In a pioneering move for the steel manufacturing sector, XYZ Corp., a leading steelmaker based in the United States, has unveiled an innovative range of automation solutions designed to streamline and enhance the efficiency of steel production processes. This significant announcement, made on September 11, 2025, highlights the company's commitment to integrating advanced technologies in the manufacturing segment, aiming to improve product quality and reduce operational costs.The new au

In a move designed to tackle the pressing issue of climate change, European regulators have introduced new regulations aimed at significantly reducing carbon emissions from the steel manufacturing sector. These measures are expected to impact steelmakers across Europe, pushing them towards more sustainable production methods while adhering to the EU’s broader environmental goals.The regulations are part of a comprehensive framework intended to diminish the carbon footprint of various

In a significant advancement for the steel manufacturing sector, Global Steel Technologies has recently unveiled its next-generation automation solutions, which aim to optimize production efficiency and significantly reduce overall steel consumption. The new systems, which are anticipated to be industry-changing, integrate cutting-edge technology with existing manufacturing processes to allow for smarter and more efficient operations.This initiative comes in response to mounting demand

Outokumpu, the global leader in sustainable stainless steel, today announced it has signed a Memorandum of Understanding (MoU) with Boston Metal, a technology company redefining global metals production, to enhance the production of critical carbon-free metals vital for industries such as defense and aerospace.  Under the MoU, the companies intend to initiate a joint development project related to the use of Outokumpu’s high-quality chromium material in critical component