Forward-Looking Statements Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please refer to the Company's Securities and Exchange Commission filings for further information ...

BALLERUP, Denmark, June 25, 2025 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT), a leading clean technology company that manufactures and markets highly specialized filtration technologies, today announced it has received an order for the delivery of an advanced membrane-based filtration system to treat oily wastewater from North Star BlueScope Steel, a major U.S.-based steel producer. The system, designed to resolve recurring filtration process upsets caused by high oil content and variabil ...

Key Takeaways CMC posted Q3 EPS of 74 cents, missing estimates and declining from 85 cents a year ago. Europe Steel Group sales rose 18.6% Y/Y, with EBITDA turning positive at $3.5 million. Emerging Businesses Group saw 7.9% Y/Y EBITDA growth and beat revenue estimates.Commercial Metals Company (CMC) reported adjusted earnings per share (EPS) of 74 cents in third-quarter fiscal 2025 (ended May 31, 2025), missing the Zacks Consensus Estimate of 85 cents. However, the bottom line fell 27.5% year over year.N ...

Key Takeaways Cleveland-Cliffs commissions a $150M Vertical Stainless Bright Anneal Line at Coshocton Works. The new line uses a 100% hydrogen atmosphere and hydrogen recovery to enhance steel processing. This investment targets premium stainless steel for automotive and critical appliance applications.Cleveland-Cliffs Inc. (CLF) has commissioned its new cutting-edge Vertical Stainless Bright Anneal Line at its Coshocton Works facility in Coshocton, OH. This $150 million capital investment has been comple ...

For the quarter ended May 2025, Commercial Metals (CMC) reported revenue of $2.02 billion, down 2.8% over the same period last year. EPS came in at $0.74, compared to $1.02 in the year-ago quarter.The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $2.01 billion. With the consensus EPS estimate being $0.85, the EPS surprise was -12.94%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Key Takeaways Steel Dynamics expects Q2 EPS of $2.00-$2.04, up from $1.44 in Q1 but below $2.72 a year ago. Steel operations profits are projected to rise on higher average realized steel pricing. Steel fabrication earnings expected to dip due to compressed metal spreads, despite steady shipments.Steel Dynamics, Inc. (STLD) has issued earnings guidance for the second quarter of 2025 in the $2.00 to $2.04 per share range. The company's first-quarter 2025 earnings were $1.44 per share, while second-quarter ...

This presentation contains forward-looking statements within the meaning of the federal securities laws with respect to general economic conditions, key macro-economic drivers that impact our business, the effects of ongoing trade actions, the effects of continued pressure on the liquidity of our customers, potential synergies and growth provided by acquisitions and strategic investments, demand for our products, shipment volumes, metal margins, the ability to operate our steel mills at full capacity, parti ...

Commercial Metals (CMC) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.94%. A quarter ago, it was expected that this manufacturer and recycler of steel and metal products would post earnings of $0.31 per share when it actually produced earnings of $0.26, delivering a surprise of ...

Core Insights - Commercial Metals Company (CMC) reported financial results for the fiscal third quarter ended May 31, 2025, showing sequential improvement in performance driven by better market conditions across all segments [1][2] - The company achieved net earnings of $83.1 million, or $0.73 per diluted share, on net sales of $2.0 billion, compared to net earnings of $119.4 million, or $1.02 per diluted share, on net sales of $2.1 billion in the prior year [2][3] Financial Performance - Adjusted earnings for the third quarter were $84.4 million, or $0.74 per diluted share, down from $119.6 million, or $1.02 per diluted share, in the prior year [3] - The company's consolidated core EBITDA was $204.1 million with a core EBITDA margin of 10.1% [6] - Cash and cash equivalents totaled $893.0 million, with available liquidity exceeding $1.7 billion as of May 31, 2025 [4] Business Segments Overview - North America Steel Group saw a 1.6% increase in finished steel product shipments year-over-year and a 10.4% increase compared to the second quarter [6] - The Emerging Businesses Group reported net sales of $197.5 million, a 4.7% increase year-over-year, with adjusted EBITDA margin improving to 20.7% [10] - The Europe Steel Group achieved adjusted EBITDA of $3.6 million, recovering from a loss of $4.2 million in the prior year, with an adjusted EBITDA margin of 1.5% [12] Strategic Initiatives - The TAG program is gaining momentum, exceeding targeted EBITDA benefits, with an annual run-rate expected to exceed $100 million [6][14] - The company is positioned to benefit from structural trends in infrastructure investment, reshoring, and energy transition [2][14] Market Outlook - CMC anticipates improved consolidated financial results in the fourth quarter, with expectations for increased finished steel shipments and adjusted EBITDA margins [13] - The company expects to receive a CO2 credit of approximately $28 million in the fourth quarter due to Polish legislation [13]

M O R G A N S T A N L E Y R E S E A R C H Europe Morgan Stanley & Co. International plc+ European Equity Research June 18, 2025 07:25 AM GMT Alain Gabriel, CFA M O R G A N S T A N L E Y R E S E A R C H EQUITY ANALYST Alain.Gabriel@morganstanley.com +44 (0)20 7425 8959 Waiting for a demand inflection June 2025 Ioannis Masvoulas, CFA Steel: Waiting for a demand inflection EQUITY ANALYST Ioannis.Masvoulas@morganstanley.com +44 (0)20 7425 0427 +44 20 7677-2702 Global Commodities Research Adahna Ekoku EQUITY ANA ...