Russel Metals Inc. announces that it has received a no-action letter from the Canadian Competition Bureau regarding our previously announced transaction with Samuel, Son & Co., Limited ("Samuel"), whereby we agreed to acquire seven service center locations from Samuel. Therefore, subject to completion of customary closing conditions, we expect to close the full transaction in the third quarter of 2024. John Reid, President and CEO of Russel Metals commented, "We a

Nucor Corporation announced today that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed, high-performance commercial doors. The all-cash transaction is valued at $565 million, which represents approximately 12.5x Rytec's estimated 2024 EBITDA. With over 300 teammates operating out of two manufacturing facilities in Wisconsin, Rytec is widely considered to be the pre-eminent brand for high-performance commercial doors.  

Olympic Steel Inc. a leading national metals service center, today announced that Anthony Roberts has joined the Company as General Manager for its two facilities located in Chambersburg, Pennsylvania. Mr. Roberts joins Olympic Steel with more than three decades of experience in the manufacturing and assembly of components for aerospace, automotive, defense and industrial markets, including leadership roles with Mancor Industries  MB Aerospace  Howmet Aerospace (Birmingham

Tata Steel’s Noamundi Iron Mine located in Jharkhand is celebrating the beginning of its centenary year since the inception of mining operations at the site. To commemorate this milestone, a logo launch event was organised today at Noamundi. The Chief Guest for the event was D B Sundara Ramam, Vice President, Raw Material, Tata Steel. Other dignitaries present included Atul Kumar Bhatnagar, General Manager, Ores Mines and Quarries  Division, and Sanjay Das, Secretary, Noamundi Mazd

AZZ Inc. the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that David Nark, Senior Vice President, Marketing, Communications, and Investor Relations will participate in the Stifel Cross Sector Insight Conference and 14th Annual East Coast IDEAS Conference. The Stifel Cross Sector Insight Conference will be held on June 4-5, 2024, at The InterContinental Boston, in Boston, Massachusetts. AZZ will host one-on-one meeti

Generation Mining Limited  is pleased to announce that it has filed a final short form base shelf prospectus  with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has filed the Prospectus in order to have greater financial flexibility going forward but has no immediate plans to issue any securities under it at this time, and may never proceed with any such issuance. Upon issuance of a receipt for the Pros

New Zealand Aluminium Smelters has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island. NZAS, which owns and operates Tiwai Point, has signed contracts with electricity generators Meridian Energy, Contact Energy and Mercury NZ to set pricing for an aggregate of 572 megawatts (MW)

Atkore Inc. today announced it has published Environmental Product Declarations for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings portfolios. Verified by an independent third party, each EPD contains a product’s life cycle assessment that measures its environmental impact, such as greenhouse gas emissions, energy use, water consumption, waste generation, and other factors. “Atkore has a long-standing commitment to sustainability in our own busines

Fictiv, a global manufacturing company, today announced the release of its ninth-annual State of Manufacturing Report an industry leading survey of manufacturing leaders that tracks perspectives on the economy, supply chain, AI, sustainability, and more. Following years of supply chain disruptions, global tensions, and a recent drive to adopt AI, the survey indicates that the manufacturing industry is at an inflection point—poised between innovation, growth, and the drive to r

The Board received an update from Tata Steel UK on their decarbonisation project, including how the company intends to support those affected. The Board also discussed the existing support available allowing any gaps to be filled with bespoke services. An action plan detailing the work of the Transition Board and an update on the work of the sub-groups and working groups was presented. This is a hub for information and support services available to those affected by Tata S