Press Releases

Steel Dynamics, Inc. announced today that it has consummated the sale of $600 million aggregate principal amount of 5.375% Notes due 2034 (the "Notes"). The net proceeds from the Notes will be used for general corporate purposes, which may include repayment of the company's $400 million 2.800% Senior Notes due December 2024. "We are pleased with the execution and support for our investment grade note offering," stated Theresa E. Wagler, Executive Vice Preside

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Rio Tinto’s Diavik Diamond Mine has completed installation of its 3.5 megawatt capacity solar power plant in Canada’s Northwest Territories. The project represents the largest off-grid solar power plant across Canada’s territories. The 6,620-panel facility is expected to generate 4.2 million kilowatt-hours of solar energy annually, reducing diesel consumption at Diavik by one million litres per year and cutting greenhouse gas (GHG) emissions by 2,900 tonnes of CO2

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GrafTech International Ltd. will hold its Second Quarter 2024 Earnings Conference Call and Webcast on Friday, July 26, 2024 at 10:00 a.m. The call will be hosted by senior management to discuss financial results for the second quarter ended June 30, 2024 and current business initiatives. These financial results will be released on Friday, July 26, 2024 before market open and will be available on our investor relations website at: http://ir.graftech.com. The conference call dial-in n

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A Tata Steel spokesperson said: “We have received written confirmation from Unite Union that with immediate effect they are suspending their current action short of a strike as well as the proposed strike action due to commence on Monday 8 July. “As a result, and given we can now be confident of ensuring appropriate resourcing of activities to operate safely, we will halt preparations for the early cessation of operations on Blast Furnace 4 and the wider heavy end in Por

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Rio Tinto together with Richards Bay Minerals has joined forces with PinkDrive, a health sector NGO, to launch a campaign aimed at bringing essential health screening to under-resourced communities in celebration of Mandela Month. The two-week campaign focused on early cancer detection, health screening and education will begin in the King Cetshwayo District in KwaZulu Natal on 1st July and the OR Tambo Health District in the Eastern Cape on 8th July. The campaign will deploy a full

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Cornerstone Building Brands, Inc. a leading manufacturer of exterior building products in North America, has reached an agreement to acquire Mueller Supply Company, Inc.  a leading manufacturer of residential metal roofing and components and steel buildings in Texas and the Southwest. Headquartered in Ballinger, Texas, where it was founded more than 90 years ago, Mueller has approximately 900 employees and a comprehensive regional footprint including 38 retail branches, as well as five h

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Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights benefits of its Bulk-To-Shape additive manufacturing / 3D metal printing technology when combined with the power of artificial intelligence The BTS technology is currently being developed by Fonon and has not been fully commercialized. Additive manufacturing commonly referred to as

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To ensure that students continue to participate in environments that foster learning in science, technology, engineering, arts and mathematics, Tenaris has made a $250,000 CAD investment toward the Huron-Superior Catholic District School Board’s  STEAM Lab. The STEAM Lab, housed at the Holy Angels Learning Centre, is a unique space that offers students of different grade levels the opportunity to explore career options in STEAM education. It provides hands-on experiences,

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Glastonbury Festival has added green steel to its list of ‘Worthy’ causes thanks to a strong partnership between Tata Steel UK and British companies, Davro Steel and Solarport. A special type of coated steel has been used as the frame for a ground-mounted solar system which is powering the festival’s Mandala Stage with clean, sustainable energy. Tata Steel’s Marketing Project Manager, Emma Bartley, said: “It’s fantastic to have our high-tec

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The Secretary of State for Business and Trade, Kemi Badenoch, has given the go ahead to extend the UK’s steel safeguards for all 15 product categories until June 2026. Trade Association UK Steel said: This decision comes after the Trade Remedies Authority (TRA) recommendation in May to maintain all steel product categories currently covered by the measure. This is a major decision for the UK's steel sector. Safeguards are an essential t

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