Prodigy Processing Solutions ("Prodigy"), a trailblazer in the cannabis and hemp extraction industry, today announced its partnership with Ohio-based Mitchell Fabricators, a leader in fabrication and modularization of process piping, pressure vessels, and structural steel. Owned by industry veteran Scott Mitchell, who boasts over 50 years of unmatched experience in manufacturing, Mitchell Fabricators brings unparalleled proficiency and innovation to Prodigy.

Foulath Subsidiary, Bahrain Steel, a leading producer, and global supplier of high-grade iron-ore pellets, has partnered with multinational conglomerate Essar Group in the supply of iron ore pellets to the Green Steel Arabia (GSA) project. The Letter of Intent (LOI) signing ceremony was held on Wednesday, 16th August 2023, in Jubail, KSA. Through this partnership, Bahrain Steel will deliver 4 million tonnes of DR-grade pellets per annum (mtpa) to Essar Group. Bahrain Steel is the on

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on September 29, 2023, to shareholders of record as of September 15, 2023. About Insteel Insteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire r

Fultra®, the parent company of Fruehauf®, is pleased to announce that it has acquired East® Manufacturing, a premier manufacturer of aluminum flatbed, drop deck, dump, round bottom and refuse trailers as well as steel dump trailers and aluminum truck bodies. Founded in 1968, East is the market leader in innovation consistently providing the North American commercial vehicle market with the industry’s strongest, most reliable aluminum trailers commanding the hi

Greenidge Generation Holdings Inc., a vertically integrated cryptocurrency datacenter and power generation company, today announced the completion of an expansion of their South Carolina mining facility to 44 MW of mining capabilities and its intention to enter into agreements to eliminate all of Greenidge's secured debt obligations via the transfer to certain affiliates of NYDIG ABL LLC ("NYDIG") of the expanded mining facilities in Spartanburg, South Carolina and the approxima

United States Steel Corporation today confirmed that it has invited Cleveland-Cliffs Inc. ( "Cleveland-Cliffs") participated in a previously announced strategic review process. The company has previously disclosed that after receiving multiple unsolicited proposals, the company has begun a formal review process to evaluate the company's strategic alternatives with the assistance of external financial and legal counsel. These proposals range from the purchase of certain productio

Sims Metal , a major player in metal recycling on a global scale, today announced that it has completed the acquisition of the assets of Baltimore Scrap Corp (BSC), a company American metal recycling company, and its subsidiaries. The transaction is expected to close in October 2023 – subject to satisfaction of customary closing conditions, including required regulatory clearances. BSC is one of the leading metal recyclers in the Northeast region of the United States. The comp

Russel Metals Inc. announces that it has received approval from the Toronto Stock Exchange of its notice of intention to make a normal course issuer bid (the "NCIB"). Under the NCIB, Russel Metals may purchase for cancellation, on the open market at its discretion, during the period commencing on August 16, 2023 and ending on the earlier of August 15, 2024 and the completion of purchases under the NCIB, up to 6,076,625 common shares of Russel Metals ("Common Shares&qu

United States Steel Corporation and Google Cloud today announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore mine in North America. As a leading manufacturer engaging in gen AI with Google Cloud, U. S. Steel continues to advance its more than 100-year legacy of innovation. The first gen AI-driven application that

Russel Metals Inc. announces financial results for three months ended June 30, 2023. Non-GAAP Measures and Ratios We use a number of measures that are not prescribed by International Financial Reporting Standards ("IFRS" or "GAAP") and as such may not be comparable to similar measures presented by other companies.  We believe these measures are commonly employed to measure performance in our industry and are used by analysts, investors, lenders and ot