What happened According to an SEC filing dated Feb. 2, 2026, Artemis Investment Management LLP initiated a new stake in Commercial Metals Company (NYSE:CMC) by acquiring 1,501,906 shares during the fourth quarter. The estimated transaction value was $103.96 million, calculated using the quarter’s average share price. The quarter-end value of the position matched this figure, reflecting the combined impact of the share purchase and any price movement during the period. What else to know Artemis’s new Com ...

Core Insights - Harsco Environmental has signed a 15-year, $150 million contract with Jindal Stainless to expand operations in India, processing additional stainless steel slag [1][2][11] - The partnership aims to transform the stainless steel industry with sustainable solutions and is expected to double Harsco Environmental's business in India by 2028 [2][3] Company Overview - Harsco Environmental is a division of Enviri Corporation, providing innovative environmental solutions and operating at over 130 customer sites in more than 32 countries [5] - Jindal Stainless is India's largest stainless steel producer, with a consolidated annual turnover of INR 40,182 crore (approximately $4.75 billion) in FY25 and plans to increase annual melt capacity to 4.2 million tonnes by FY27 [6][8] Contract Details - The contract includes a 10-year extension to process stainless steel slag and the construction of a wet milling plant, the first of its kind in India, to recover metal from waste products [3][11] - The new capabilities are expected to create approximately 140 new jobs in the region [4] Environmental Commitment - Both companies emphasize sustainable practices, with Jindal Stainless using electric arc furnace technology to reduce greenhouse gas emissions and enhance recyclability [8]