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Worthington Steel, Inc. - WS STOCK NEWS

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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Tailwind Acquisition Corp. (NYSE American: TWND, TWND.U, TWND WS) has completed its business combination with NUBURU, Inc., an innovator in industrial blue laser technology. NUBURU is now publicly listed, with its stock trading under the ticker 'BURU' starting February 1, 2023. The CEO of NUBURU, Dr. Mark Zediker, expressed optimism about gaining capital access and accelerating product development. The combined entity aims to strengthen its market position in sectors such as 3D printing and aerospace, highlighting innovations like the new BL-series blue lasers showcased at Photonics West.

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Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) will report its financial results for the fourth quarter and full year ended December 31, 2022, after market close on February 13, 2023. A conference call will follow at 4:30 p.m. ET for management to discuss the results. Investors can join by calling +1 (646) 904 5544 domestically or +1 (929) 526 1599 internationally. The company develops advanced surgical robotics aimed at improving the efficiency of procedures and reducing costs, using proprietary technology to perform minimally invasive surgeries.

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Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) announced a significant expansion at Dallas's Addison Airport (ADS), doubling its footprint to approximately 195,000 rentable square feet. The CEO, Tal Keinan, highlighted Dallas as a key market for business jets, enhancing the airport's attractiveness for private and corporate flight departments. Sky Harbour operates campuses at Houston's Sugar Land Regional Airport and Nashville International Airport, with a Miami campus set to open soon. New facilities are also in development at Denver Centennial and Phoenix Deer Valley Airports.

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ROSS Acquisition Corp II (NYSE: ROSS,WS) has entered into a definitive agreement to merge with APRINOIA Therapeutics, a clinical-stage biotech focused on neurodegenerative diseases. The transaction is valued at $280 million, with funding aimed at advancing APRINOIA's therapeutic programs, including its lead product, APN-1607. The merger, expected to close in the first half of 2023, will create a publicly traded entity on Nasdaq or NYSE. APRINOIA holds agreements with major biotech firms such as Biogen, and anticipates significant market opportunities in treating Alzheimer’s Disease, which affects an estimated 10 million individuals in China alone.

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Ares Acquisition Corporation (NYSE: AAC) announced the postponement of its extraordinary general meeting of shareholders from January 24, 2023, to February 2, 2023, at 9:30 a.m. ET. The meeting will address the Extension Amendment Proposal, which seeks to extend the deadline for completing a business combination from February 4, 2023, to August 4, 2023. The proposal also aims to remove restrictions on share repurchases and the minimum net tangible assets requirement. Additionally, the deadline for shareholders to submit redemption requests has been extended to January 31, 2023. Shareholders of record as of December 15, 2022, are eligible to vote.

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Golden Falcon Acquisition Corp. (GFX) announced the adjournment of its Special Meeting originally scheduled for December 16, 2022, to December 20, 2022. The meeting aims to vote on four proposals, including an amendment to extend the deadline for completing a business combination to June 22, 2023. Other proposals include re-electing two board directors and ratifying their independent auditor for fiscal 2022. Stockholders are encouraged to submit or change their proxies ahead of the meeting, which remains open for questions via their proxy solicitor.

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Graf Acquisition Corp. IV (NYSE: GFOR) has withdrawn its Extension Proposal to delay the deadline for a business combination from May 25, 2023 to September 29, 2023. This decision comes ahead of the special stockholder meeting scheduled for December 21, 2022. Consequently, shareholders will not have the option to redeem shares for a pro rata portion of the trust account funds. Shares already submitted for redemption will be returned promptly. The withdrawal does not affect three other proposals on the ballot.

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On December 14, 2022, Longview Acquisition Corp. II's stockholders approved amendments to its Charter and Investment Trust Management Agreement. The amendments extend the deadline for completing a business combination to September 23, 2023. Following the amendments, stockholders redeemed 60,932,798 Public Shares for around $612.98 million, leaving 8,067,202 shares outstanding. The company plans to redeem all remaining Public Shares due to an inability to finalize a business combination by the new deadline and will begin the liquidation process. The securities are expected to be delisted from NYSE.

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Volta Inc. (NYSE: VLTA, VLTA WS) has received notice from the NYSE for non-compliance with listing standards due to its Class A Common Stock averaging below $1.00 for 30 consecutive trading days. The company can regain compliance within six months if the stock closes above $1.00 for a sufficient period. Volta aims to notify the NYSE of its intention to cure this deficiency by December 8, 2022, and may pursue a reverse stock split subject to shareholder approval at the next annual meeting. The stock will remain listed during this correction period.

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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.

AMEX:WS

WS Rankings

WS Stock Data

1.49B
31.19M
35.91%
47.18%
0.73%
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Link
United States of America
COLUMBUS