Welcome to our dedicated page for Worthington Steel news (Ticker: ws), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.
Worthington Steel, Inc. (WS) stands as a top-tier value-added steel processor in North America, known for its expansive range of products and services. The company excels in the carbon flat-rolled steel sector and the tailor-welded blanks segments, offering solutions to a variety of end markets.
Worthington Steel's core business involves processing steel to create high-quality products for industries such as automotive, construction, and manufacturing. The company prides itself on its market-leading positions and its commitment to innovation and sustainability in steel processing.
Recent achievements include advances in technology and strategic partnerships aimed at enhancing production efficiency and product quality. The company continuously explores new projects to expand its market reach and improve its financial health, showcasing a strong commitment to growth and development.
Worthington Steel's dedication to excellence is evident in its financial condition, with sustained profitability and a robust balance sheet. The company collaborates with industry leaders and leverages its expertise to deliver superior value to its stakeholders.
Current Projects:
- Expansion of production capabilities in the carbon flat-rolled steel sector.
- Development of innovative tailor-welded blanks to meet industry demands.
- Strategic partnerships to enhance sustainability and efficiency.
By providing diverse and high-quality products, Worthington Steel remains a key player in the steel processing industry, poised for continued success and growth.
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Graf Acquisition Corp. IV adjourns special meeting to obtain additional financing for business combination with NKGen Biotech, Inc.
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Vicarious Surgical signs strategic development agreement with Intermountain Health, gaining access to their network and collaborating with experienced robotic surgeons. Partnership expected to provide patients with expanded minimally invasive treatment options and surgeons enhanced tools. Positive for stock price.
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Graf Acquisition Corp. IV adjourns special meeting to secure additional financing for business combination with NKGen Biotech, Inc.
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Vicarious Surgical to present at Gilmartin Group Emerging Growth Company Showcase
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KORE received a notice from NYSE for non-compliance with minimum share price requirement. KORE has six months to regain compliance.
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Kaleyra partners with Talisma Corporation to enhance customer experience with real-time video and audio calling tool
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Polished.com Inc. announced that the NYSE American will delist the company's warrants due to low trading price, but the common stock will continue to trade unaffected.
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Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) announced its 2023 2nd quarter Financial Results in Form 10-Q. Q2 2023 revenues increased by 322% as compared to Q2 2022 and 56% compared to Q1 2023. SG&A expenses decreased by 5% compared to Q2 2022. Net cash flow used in operating activities during the six months ended June 30, 2023, improved to $9.1 million from $24.3 million during the six months ended June 30, 2022. The company maintains strong liquidity and capital resources, with cash, restricted cash, and US Treasury investments amounting to approximately $150 million as of June 30, 2023. The acquisition of pre-engineered metal building (PEMB) manufacturing company, RapidBuilt, was completed. Exclusive negotiations are underway for new ground leases at six target airports, with the company projecting full occupancy of new campuses by Q4 2023. The company's new project pipeline continues to expand, now including dozens of airports. Sky Harbour is recognized as the best Home Basing offering in business aviation, with plans for continued growth and improvement.
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Southland Holdings, Inc. announces financial results for Q2 2023 with revenue of $257 million, down 5.9% YoY. Gross loss of $34 million and net loss of $13 million. Backlog increases to $2.7 billion, up 36% YoY. Positive cash flow of $24 million.
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Kaleyra announces changes in the management team: Nicola Junior Vitto departure and new appointment of Mauro Carobene
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FAQ
What is the current stock price of Worthington Steel (ws)?
The current stock price of Worthington Steel (ws) is $30.2 as of January 9, 2025.
What is the market cap of Worthington Steel (ws)?
The market cap of Worthington Steel (ws) is approximately 1.5B.
What is Worthington Steel, Inc.?
Worthington Steel, Inc. (WS) is a leading value-added steel processor in North America, known for its diverse range of products and market-leading positions in carbon flat-rolled steel and tailor-welded blanks.
What industries does Worthington Steel serve?
Worthington Steel serves various industries including automotive, construction, and manufacturing.
What are some of Worthington Steel’s recent achievements?
Recent achievements include advances in technology, strategic partnerships, and new project developments aimed at enhancing production efficiency and product quality.
What is the financial condition of Worthington Steel?
Worthington Steel maintains sustained profitability and a robust balance sheet, reflecting its strong financial health.
What are Worthington Steel’s current projects?
Current projects include expanding production capabilities in the carbon flat-rolled steel sector, developing innovative tailor-welded blanks, and forming strategic partnerships to enhance sustainability and efficiency.
What makes Worthington Steel a key player in the steel processing industry?
Worthington Steel’s commitment to innovation, high-quality products, and strategic growth initiatives positions it as a key player in the steel processing industry.
How does Worthington Steel contribute to sustainability?
Worthington Steel engages in strategic partnerships and projects aimed at enhancing sustainability and production efficiency in the steel processing industry.
Who are Worthington Steel’s main competitors?
Worthington Steel competes with other leading steel processing companies in North America, particularly in the carbon flat-rolled steel and tailor-welded blanks markets.
What is the significance of Worthington Steel’s market-leading positions?
Worthington Steel’s market-leading positions in carbon flat-rolled steel and tailor-welded blanks highlight its expertise and dominance in these segments, contributing to its overall success.
How can investors stay updated on Worthington Steel’s news?
Investors can stay updated on Worthington Steel’s news by following stock market websites like StockTitan, which provide the latest updates and relevant information about the company.
Worthington Steel, Inc.
NYSE:WS
WS Rankings
WS Stock Data
1.49B
31.19M
35.91%
47.18%
0.73%
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
United States of America
COLUMBUS