28 August 2025 | 2:25AM CDT Americas Metals & Mining: Key takeaways from the SMU Steel Summit 2025 We attended the SMU Steel Summit from August 25-27, 2025, which was hosted by CRU and advertised as America's premier steel conference with more than 1,500 attendees representing more than 500 companies from the North American steel market. Our conversations with industry participants included representation from several points along the US steel industry value chain such as regional/private producers, service ...

IRVING, Texas, Aug. 26, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced that it has received the Obelisk Award for Arts Education by the Business Council for the Arts (BCA). The Obelisk Awards honor businesses, individuals and nonprofits for their extraordinary support of arts and culture in North Texas. For the past 46 years, CMC has hosted an annual contest and exhibit titled 'Scrap Can Be Beautiful' in partnership with Booker T. Washington School for th ...

Group 1 - Cielo Waste Solutions Corp. has announced the extension of its non-brokered private placement offering of up to 60,000,000 units at a price of $0.05 per unit, with the closing date extended to August 15, 2025 [1] - The first tranche of the offering was previously announced on July 28, 2025, indicating ongoing investor interest and capital raising efforts [1] - Cielo is focused on transforming waste materials into high-value products, contributing to the circular economy and reducing carbon emissions [3] Group 2 - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and economically sustainable technologies [3] - Cielo's shares are publicly traded on the TSX Venture Exchange under the symbol "CMC" and on the OTC Pink Market under "CWSFF" [3] - The company is committed to providing environmental waste solutions that are expected to generate positive returns for shareholders [3]

The Company is also pleased to announce the closing of its previously announced settlement of an aggregate $1,967,766 in outstanding indebtedness (the "Debt") through the issuance of securities of the Company (the 'Shares for Debt Transactions"). Under the terms of the settlement agreements executed by the Company with multiple creditors (the "Creditors"), respectively (the "Settlement Agreements"), the Company issued: THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR D ...

Group 1: Industrial Sector Overview - The industrial sector is currently experiencing neglect as investor focus and capital have shifted towards the artificial intelligence sector, indicating a potential future rotation back to industrials [1] - Implementing dollar-cost averaging (DCA) can help investors gradually expose their portfolios to the industrial sector, which shows significant upside potential [2] Group 2: Cleveland-Cliffs Inc. - Cleveland-Cliffs Inc. is highlighted as a potential catch-up play in the steel industry, currently trading at only 68% of its 52-week high, while peers are trading at an average of 90% [5] - Analyst Phillip Gibbs from KeyCorp upgraded Cleveland-Cliffs' rating from Sector Weight to Overweight, setting a price target of $14 per share, suggesting approximately 40% upside potential [6][7] - Institutional buyers, such as JB Capital, increased their holdings in Cleveland-Cliffs by 14.6%, indicating growing interest in building positions through DCA [8] Group 3: Commercial Metals Co. - Commercial Metals Co. is noted for its exposure to both aluminum and steel production in the U.S. and China, providing a valuable business opportunity amid trade tariff uncertainties [10] - Analysts project a significant increase in earnings per share (EPS) for Commercial Metals, estimating $1.25 for Q4 2025, a 70% increase from the current $0.74 EPS [11] - The stock is currently trading at a price-to-earnings (P/E) ratio of 167.3, reflecting market willingness to pay a premium for expected outperformance [12][13] Group 4: Steel Dynamics Inc. - Steel Dynamics is recognized as a strong performer in the steel industry, with analysts boosting its valuation target from $138 to $150 per share, indicating a potential 20% upside [14] - Expected EPS growth for Steel Dynamics is projected at $2.88 for Q4 2025, suggesting a 43% growth rate from the current $2.01 EPS [15][16] - Institutional investors, such as Robeco Institutional Asset Management, increased their holdings in Steel Dynamics by 40.6%, reflecting confidence in the stock's performance [18]

Group 1 - The company has a strong academic foundation with an MBA in Finance and an MD, enhancing its expertise in the financial sector [1] - The firm specializes in income investing and biotech/pharma investing, with nearly a decade of experience in these areas [2] - The organization focuses on identifying both short-term catalyst-driven opportunities and long-term investment strategies in the biotech sector [3] Group 2 - Subscribers receive regular portfolio trade alerts and have access to an interactive chat feature, promoting engagement and support [4] - The company has published a best-selling book on biotech investing and offers an online course, showcasing its commitment to educating investors [4] - The firm provides custom biotech analysis upon request, ensuring tailored insights for its audience [4]

Core Viewpoint - Commercial Metals (CMC) reported a decline in earnings and sales in its most recent earnings report, missing estimates, but the stock has shown a positive trend in the month following the report, outperforming the S&P 500 [1][2][3]. Financial Performance - Adjusted earnings per share (EPS) for Q3 fiscal 2025 were 74 cents, missing the Zacks Consensus Estimate of 85 cents, and down 27.5% year over year [3]. - Net sales for the quarter were $2.02 billion, slightly above the Zacks Consensus Estimate of $2.01 billion, but down from $2.08 billion in the previous year [3]. - Cost of goods sold decreased by 1% year over year to $1.72 billion, while gross profit fell 11.9% to $300 million [4]. - Core EBITDA was reported at $204 million, down 20.3% year over year [4]. Segment Performance - The North America Steel Group generated net sales of $1.56 billion, down from $1.67 billion year over year, with adjusted EBITDA of approximately $186 million compared to $246 million in the prior year [5]. - The Europe Steel Group's revenues increased by 18.6% year over year to $247.6 million, with adjusted EBITDA improving to $3.6 million from a negative $4.2 million [6]. - The Emerging Businesses Group reported net sales of $197 million, up from $188.5 million year over year, with adjusted EBITDA increasing by 7.9% [7]. Cash Flow and Balance Sheet - Cash and cash equivalents at the end of Q3 fiscal 2025 were $893 million, up from $858 million at the end of fiscal 2024 [8]. - Long-term debt increased to $1.30 billion from $1.15 billion at the end of fiscal 2024 [8]. - Cash generated from operating activities for the nine months ended May 31, 2025, was approximately $400 million, down from $548 million in the prior year [8]. Dividend and Outlook - A quarterly dividend of 18 cents per share was declared, payable on July 9 to shareholders of record as of June 30, 2025 [9]. - The company expects consolidated financial results in Q4 fiscal 2025 to improve from Q3 levels, with anticipated increases in adjusted EBITDA margins for the North America Steel Group and the Europe Steel Group [10][11]. Estimate Trends - Fresh estimates for the company have trended upward over the past month, with a consensus estimate shift of 17.21% [12]. - The stock has an average Growth Score of C and a value grade of B, resulting in an aggregate VGM Score of B [13]. - The company holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [14].

Core Viewpoint - Cielo Waste Solutions Corp. has executed an amended and restated settlement agreement with Expander Energy Inc. and related parties, effectively unwinding certain previous transactions, with the unwinding closing on July 16, 2025, pending approval from the TSX Venture Exchange [1][2]. Group 1: Amended Settlement Agreement - The Amended Settlement Agreement replaces a prior settlement agreement executed on April 29, 2025, which was initially expected to close on June 13, 2025 [1]. - The unwinding pertains to transactions completed under an asset purchase agreement dated November 8, 2023, amended on September 16, 2024 [2]. Group 2: Share Cancellation and Legal Proceedings - Approximately 40 million shares have been surrendered by the Settlement Parties for cancellation, with an additional 20 million shares potentially to be surrendered by December 31, 2025 [5]. - All agreements between Cielo and the Settlement Parties, including a license agreement and several service agreements, have been terminated, and Cielo has relinquished its interest in the assets initially acquired [5]. Group 3: Financial Obligations - Cielo has issued a promissory note and general security agreement totaling C$748,208.79 to certain Settlement Parties, which is subject to Exchange approval [5]. - The Settlement Parties have agreed to dismiss all legal proceedings against Cielo [5]. Group 4: Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into renewable fuels, aiming to address global waste challenges and contribute to the circular economy [4]. - The company is committed to using environmentally friendly technologies and seeks to generate positive returns for shareholders [4].

Group 1 - Commercial Metals Company (CMC) has appointed Dawne S. Hickton to its Board of Directors, effective October 14, 2025 [1] - Ms. Hickton has over three decades of leadership experience, including her current role as Chair, CEO, and President of Cumberland Additive, Inc., and previous positions at Jacobs Solutions Inc. and RTI International Metals, Inc. [2][3] - With Ms. Hickton's appointment, the number of directors on the Board increases from nine to ten, with nine being independent directors [3] Group 2 - CMC is an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [5] - The company operates an extensive manufacturing network located in the United States and Central Europe, offering products and technologies for various construction applications [5]

Core Points - Cielo Waste Solutions Corp. held its annual general and special meeting of shareholders on June 24, 2025, where all proposed business items were approved [2][3] - The company is continuing a private placement offering of up to 60,000,000 units at a price of $0.05 per unit, aiming for gross proceeds of up to C$3,000,000, with closing anticipated around July 18, 2025 [3] Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into high-value products, addressing global waste challenges and contributing to the circular economy while reducing carbon emissions [5] - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and economically sustainable technologies [5]