Press Releases
2 April 2024
Greenwave Technology Solutions, Inc. a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that during the first quarter of 2024, it received proceeds from warrant exercises of approximately $2.81 million, converted approximately $2.06 million of third party debt to equity, and exchanged $10 million of related-party debt into equity. As a result of the foregoing, the Company has increased its shareholder's equity by approximately $14.87 mi
Read more...Fastenal Company announced the date and time for its conference call to review 2024 first quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Thursday, April 11, 2024 at 9:00 a.m. central time. To access the call, please visit the following Web address: https://investor.fastenal.com/events.cfm Our conference call presentation (which includes information, supplemental to that contained in our earnings ann
Read more...28 March 2024
The global Carbon Steel Tubes Market in Europe size is estimated to grow by USD 6.81 bn from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 5.93% during the forecast period. Europe held the largest share of the global market in 2023, and the market in the region is estimated to witness an incremental growth of 100%. For more insights on the historic (2018 - 2022) and forecast market size (2024-2028) - Request a sample report. To understand more ab
Read more...26 March 2024
Silvercorp Metals Inc. announced today that, further to its off-market takeover bid (the "Offer") for all of the ordinary shares in OreCorp Limited ("OreCorp") (ASX:ORR), Silvercorp did not satisfy the 50.1% minimum acceptance condition prior to the close of the Offer on March 22, 2024 and elected not to exercise its "right to match" a competing offer for OreCorp. Silvercorp will remain entitled to payment of a break fee of approximately AUD$2.8 million in certai
Read more...22 March 2024
The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on June 28, 2024, to shareholders of record June 14, 2024. Worthington Steel will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Friday, March 22, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be
Read more...22 March 2024
ALUMINIUM CHINA, Asia’s premier tradeshow and B2B platform for the aluminium industry and its main application fields, organized by RX Greater China, is set to return to Shanghai, China from July 3rd to 5th. This highly anticipated event aims to create a unique space where global industry professionals and suppliers come together, explore business opportunities, and foster innovation through exhibition, networking events, and concurrent forums. Hosted at the Shanghai New Inter
Read more...The Timken Company, a global leader in engineered bearings and industrial motion products, has been named one of the World's Most Innovative Companies of 2024 by Fast Company. Alongside the top 50 companies overall, the publication recognized 606 organizations across 58 sectors and regions, with Timken ranking in the manufacturing category. "Throughout our company history, we've been creating complex engineering solutions for applications across industries, from aviatio
Read more...Birmingham Fastener, a full-service manufacturer and distributor of high-quality specialty fasteners, is expanding to Mexico with the opening of a facility in Querétaro City this month. The new facility will help businesses that have commercial, construction or aerospace projects in Mexico localize their supply chain and access inventory quicker. Commercial and Aerospace Supply de Mexico S. de R.L de C.V. (CASM) will operate as a wholly owned subsidiary of Birmingham Fastener
Read more...Businesses dealing in lower-priced, lower margin products typically need to sell higher volumes to turn a profit. Financing exports can facilitate large enough shipments to achieve profitability in these cases. In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of its longstanding clients, a steel manufacturer based in Europe with operations worldwide. The facility was structured for the man
Read more...Fluent Metal is developing production-grade liquid metal printing to remove barriers to entry into metal additive manufacturing, while allowing for unmatched scalability and process tunability. Today, the company is launching out of stealth with an additional $3.2M in venture capital funding, led by E15 with participation from Pillar VC and industry angels, bringing the total funding to $5.5M. Fluent Metal's drop-on-demand approach is compatible with most metals, including refractories, a
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