Steel

Boston Metal Inaugurates Brazilian Subsidiary for High-Value Metals Production

Retrieved on: 
Thursday, March 7, 2024

Boston Metal , a global metals technology solutions company, celebrates today the inauguration of the first facility for its Molten Oxide Electrolysis (MOE) technology platform to recover high-value metals from mining waste in Brazil.

Key Points: 
  • Boston Metal , a global metals technology solutions company, celebrates today the inauguration of the first facility for its Molten Oxide Electrolysis (MOE) technology platform to recover high-value metals from mining waste in Brazil.
  • This deployment is a major milestone for Boston Metal’s technology and operations as it works toward commercializing MOE for green steel in 2026.
  • “This first commercial deployment represents a beacon of progress in advancing sustainable metals production,” said Tadeu Carneiro, CEO of Boston Metal.
  • To learn more about Boston Metal’s high-value metals business, visit https://www.bostonmetal.com/high-value-metals/ .

Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products

Retrieved on: 
Thursday, March 7, 2024

Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $840 per net ton.

Key Points: 

Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $840 per net ton.

Tredegar Plans to Release Fourth Quarter 2023 Financial Results on March 15, 2024

Retrieved on: 
Thursday, March 7, 2024

Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.

Key Points: 
  • Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.
  • Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets; surface protection films for high-technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market.
  • Tredegar had 2022 sales from continuing operations of $939 million.
  • With approximately 2,000 employees, the Company operates manufacturing facilities in North America, South America, and Asia.

Liquidmetal Technologies Sets 2023 Year End Earnings Conference Call for Tuesday, March 12th, 2024 at 4:30 p.m. EDT

Retrieved on: 
Wednesday, March 6, 2024

Liquidmetal® Technologies, Inc. (OTCQB: LQMT), Liquidmetal® Technologies, Inc., the world’s leading developer of amorphous alloys and composites, will hold its year-end earnings conference call on Tuesday, March 12th, at 4:30 p.m. Eastern time.

Key Points: 
  • Liquidmetal® Technologies, Inc. (OTCQB: LQMT), Liquidmetal® Technologies, Inc., the world’s leading developer of amorphous alloys and composites, will hold its year-end earnings conference call on Tuesday, March 12th, at 4:30 p.m. Eastern time.
  • Liquidmetal Technologies CEO Tony Chung will host the call.
  • Please Dial in 5-10 minutes prior to the start time using the information below:
    To join the conference call, participants should complete an online registration form before 11:59 p.m. EDT, Monday, March 11th at the following link, whereupon dial-in information and a unique PIN will be provided:

Bonnell Aluminum Commenting on Preliminary Countervailing Duty Ruling

Retrieved on: 
Wednesday, March 6, 2024

Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the U.S. Department of Commerce’s ruling to institute preliminary countervailing duties on unfairly traded imports of aluminum extrusions.

Key Points: 
  • Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the U.S. Department of Commerce’s ruling to institute preliminary countervailing duties on unfairly traded imports of aluminum extrusions.
  • Additional details are available in the March 5, 2024, press release by Wiley Rein LLP:

Steel Commander Corp. Announces New Partnership with MotoAmerica as the 2024 Title Sponsor for the MotoAmerica Steel Commander Superbike Championship

Retrieved on: 
Wednesday, March 6, 2024

Steel Commander Corp, a distinguished leader in the steel building industry, is delighted to announce its partnership with MotoAmerica as the title sponsor of the MotoAmerica Steel Commander Superbike Championship.

Key Points: 
  • Steel Commander Corp, a distinguished leader in the steel building industry, is delighted to announce its partnership with MotoAmerica as the title sponsor of the MotoAmerica Steel Commander Superbike Championship.
  • The first race takes place in Daytona with Steel Commander Corp the title sponsor for the MotoAmerica Superbike Championship.
  • Having previously sponsored the Steel Commander Stock 1000 class in 2023, Steel Commander Corp’s transition to the title sponsor of the MotoAmerica Superbike Championship underscores its unwavering support for motorsports and the MotoAmerica series.
  • Commenting on this exciting development, Shawn Fisher, President and CEO of Steel Commander Corp, expressed enthusiasm for the partnership, stating, “We are thrilled to once again partner with MotoAmerica and proudly serve as the title sponsor for the 2024 Steel Commander Superbike Championship.

Fastenal Receives EcoVadis Silver Medal for Sustainability

Retrieved on: 
Tuesday, March 5, 2024

Fastenal Company (Nasdaq: FAST), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal from EcoVadis.

Key Points: 
  • Fastenal Company (Nasdaq: FAST), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal from EcoVadis.
  • EcoVadis uses a broad range of criteria to score companies' sustainability programs in four main areas: environment, ethics, labor and human rights, and sustainable procurement.
  • In addition to helping Fastenal identify opportunities to reduce risk and improve its sustainability performance, the assessment helps current and potential customers identify Fastenal as a responsible business partner.
  • This rapid improvement from receiving no medal recognition to earning a silver medal reflects a heightened and long-term commitment by Fastenal to invest in and continuously improve its processes, systems, and reporting around sustainability.

ELOKON Introduces Safety System for Driverless Transport Vehicles at MODEX, Designed to Prevent Collisions with Forklifts Equipped with ELOshield System

Retrieved on: 
Tuesday, March 5, 2024

With ultra-wideband (UWB) wireless sensors that offer a 360-degree range of up to 82 feet, the ELOshield AGV/AMR module prevents collisions between these small and often overlooked vehicles in warehouses, distribution centers and manufacturing plants and forklifts equipped with the ELOshield forklift safety and pedestrian detection system.

Key Points: 
  • With ultra-wideband (UWB) wireless sensors that offer a 360-degree range of up to 82 feet, the ELOshield AGV/AMR module prevents collisions between these small and often overlooked vehicles in warehouses, distribution centers and manufacturing plants and forklifts equipped with the ELOshield forklift safety and pedestrian detection system.
  • The radio-based ELOshield AGV/AMR module acts as stand-alone antenna that can be easily installed on these material handling vehicles due to the module’s small size (3.3in x 2in x0.8in).
  • “With driverless transport vehicles an integral part of today’s warehouses, distribution centers and even manufacturing plants, the ELOshield AGV/AMR module significantly increases worker safety while protecting the organization’s major investment in automated material handling technologies,” said Alex Glasmacher, CEO, ELOKON.
  • Discuss real-world case studies and experiences from industry leaders, highlighting the importance of implementing robust safety systems to prevent accidents and injuries.

Barnes Announces Update to Board of Directors

Retrieved on: 
Tuesday, March 5, 2024

Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.

Key Points: 
  • Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.
  • Barnes will also work with Irenic to identify an additional mutually agreed upon independent director to appoint to the Board of Directors.
  • Thomas O. Barnes, Chairman of the Board, said, “It has been an honor to serve the company my family founded in 1857.
  • On behalf of the Board and the entire Barnes team, I want to thank Mylle for her service and wish her all the best going forward.”
    Barnes added, “I am delighted that the Board has selected Dick as my successor as Chair of our Board of Directors.