Press Releases
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
Read more...Sitka Gold Corp. is pleased to provide project updates for its portfolio of Gold, Silver and Copper properties located in proven, mining friendly jurisdictions in North America (see Figure 1). Sitka's project portfolio includes the RC Gold project ("RC Gold") and OGI project ("OGI") located in Yukon, the Alpha Gold project ("Alpha Gold") located in Nevada, the Burro Creek project ("Burro Creek") located in Arizona and the Coppermine River
Read more...Monetary Metals has released its eighth annual Gold Outlook Report. The report features Monetary Metals' award-winning economic analysis and their price forecasts for gold and silver in 2024. The report makes a case against the mainstream notion that inflation continues to be the primary driver of the Federal Reserve's interest rate policy. Instead, they provide mechanical analysis supported by decades of data that suggest the Federal Reserve must cut rates eventually. The o
Read more...Worthington Steel, Inc. announced today that its tailor welded blanking joint venture, TWB Company, LLC (TWB), has signed a licensing agreement with ArcelorMittal Tailored Blanks for use of its patented ablation technology in the production of hot formed tailored blanks. This technology expands TWB’s hot formed tailored blanking capabilities in North America. Along with this agreement, TWB plans to install a fully automated ablation line at its Monroe, Michigan, facility. &ldq
Read more...Inflation, when too many dollars are chasing too few goods, services, and commodities, is of growing concern reports Orion Metal Exchange. As it continues to affect your purchasing power, understanding its multifaceted consequences and how you can fight against it is essential. As the prices of goods and services rise, consumers find their money can buy fewer items. This can lead to a reduced standard of living, particularly for those with fixed incomes or limited resources.
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