Press Releases

Many of the global steel industry’s senior leaders are traveling to New York City in late June for the inaugural Global Steel Dynamics Forum, an executive-level conference being organized by the Association for Iron & Steel Technology (AIST) and World Steel Dynamics (WSD). Set for June 26-28, 2023, the Global Steel Dynamics Forum leverages AIST’s international membership and technical know-how and WSD’s worldwide clientele and strategic insights, focusing on th

Read more...

Ecolomondo Corporation, a cleantech company specializing in the commercialization of its Thermal Decomposition Process proprietary recycling technology and the global deployment of TDP turnkey facilities, announces that it recently performed a first ever production cycle with a reactor payload of 15,000 lbs, continuing steadily on the path towards commercial operations of its Hawkesbury TDP facility. Since January 2023, the Hawkesbury plant increased its reactor payloads from 1,600

Read more...

Tecpetrol Investments S.L. a member of the Techint Group, today announced the following updates to shareholders of Alpha Lithium Corporation with respect to its offer to acquire all of the issued and outstanding common shares of Alpha, a Canadian incorporated, headquartered and listed company. Continued Willingness to Engage and Increase Offer Price   On June 9, 2023, following the filing of its offer and take-over bid circular (the "Offer and Circu

Read more...

Ferroberica celebrates its fiftieth anniversary. Founded in 1973 and part of the Alfa Acciai Group since 1991, Ferroberica has contributed to the innovation of large reinforced concrete works. The company was founded in Vicenza - where the main production site is still located - with the aim of supporting large construction companies by providing pre-shaped and assembled steel reinforcing bars, and, where required, the ancillary service of installation. This entrepreneurial intuition was imme

Read more...

Arlington Capital Partners a Washington, DC-area private equity firm, today announced that it has acquired Pegasus Steel LLC  a leading provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers and other naval and industrial systems. Pegasus is headquartered near Charleston, South Carolina with approximately 350,000 square feet of manufacturing space. Tony Deering, Pegasus’ Founder & CEO, will continue to operate the Company alon

Read more...

Flexsteel Industries, Inc., announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 10, 2023, to shareholders of record as of June 28, 2023. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 326th consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is one of the largest manufacturers, importers, and

Read more...

Low-carbon titanium developer IperionX has agreed to a Scope of Work with Ford Motor Company to supply titanium metal components for Ford racing cars. IperionX reports it has been collaborating with Ford to design, test, and additively manufacture a series of ‘high-quality’ titanium components for future Ford Performance production vehicles. Ford Performance is the ‘high-performance’ and racing division of Ford, which produces a range of performance cars incl

Read more...

Ingersoll Rand Inc. entered into a definitive agreement to acquire Howden Roots LLC’s compression business from Chart Industries Inc. in an all-cash deal valued at approximately $300 million, the company said in a June 12 news release. The sale comes nearly three months after Chart Industries completed the acquisition of industrial toolmaker Howden from KPS Capital Partners LP for $4.4 billion cash. Ingersoll said the deal was made at a “low teens” adjust

Read more...

SMX is pleased to announce that it is in the process of creating a new subsidiary, trueSilver, and has entered into a 120 day exclusive agreement with Sunshine Minting Inc., to create a path to full transparency and traceability for silver products from mine site to final products and recycling and the creation of an industry standard. This announcement follows the successful filing of patents pertaining to gold, aluminum, steel and cobalt in 2023. With silver rarely being

Read more...

On our journey towards carbon neutral steel, ArcelorMittal North America will supply General Motors with XCarb™ recycled and renewably produced  steel, offering significantly reduced CO2 emissions compared to much of the carbon steel available in North America.1 Material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario and shipments are expected to begin during 2Q 2023. ArcelorMittal North America's XCarb™ RRP steel is made via the Electric Arc F

Read more...