Articles from Worthington Steel, Inc.

Worthington Steel, Inc., (NYSEWS) announced today that it will report the results for its fiscal third quarter after the market closes on Wednesday, March 19, 2025. The Company will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Thursday, March 20, 2025. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Worthington Steel, Inc., (NYSEWS) is proud to announce that its Tempel Steel subsidiary, has earned Mahle’s 2024 Best Supplier of the Year award. This prestigious recognition from Mahle’s Electric Drives India Pvt. Ltd. is based on exceptional performance in several key areas: Parts per Million (PPM), Quality, Delivery, Supplier Response, Continuous Improvement and Support of New Product Development.

Worthington Steel, Inc. (NYSEWS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 second quarter ended November 30, 2024.

Worthington Steel, Inc. (NYSEWS) announced today the appointment of Scott Kelly to the Worthington Steel Board of Directors, effective immediately. Kelly will serve as a member of the Nominating and Governance Committee of the Board. Following the appointment of Kelly, the Board will be comprised of 11 directors, eight of whom are independent.

The board of directors of Worthington Steel, Inc. (NYSEWS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on March 28, 2025, to shareholders of record March 14, 2025.

Worthington Steel, Inc., (NYSEWS) announced today that it has been named to Foundry’s Computerworld 2025 Best Places to Work in IT. This award recognizes the top organizations that challenge their IT staffs while providing great benefits and compensation.

Worthington Steel, Inc. (NYSEWS) (“Worthington Steel” or the “Company”) announced today that it has reached an agreement to acquire through its subsidiary, Tempel Steel Company, LLC (“Tempel”), a controlling equity stake in Italy-based Sitem S.p.A. (together with its subsidiaries, Stanzwerk AG, Decoup S.A.S. and Sitem Slovakia spol. s r.o., “Sitem Group”). Sitem Group produces electric motor laminations and accessory products for automotive and industrial applications in Europe. Worthington Steel will acquire, through the acquisition of shares from existing shareholders of Sitem Group, the contribution of Worthington Steel’s Nagold, Germany, facility and the subscription of reserved share capital increases, an approximately 52% stake in Sitem Group with the option to increase ownership in the future. The transaction is expected to close in early 2025, subject to the receipt of applicable regulatory approvals and customary closing conditions.

Worthington Steel, Inc., (NYSEWS) announced today that it will report the results for its fiscal second quarter after the market closes on Wednesday, Dec. 18, 2024. The Company will host a conference call to discuss its fiscal second quarter results at 8:30 a.m. ET on Thursday, Dec. 19, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Worthington Steel, Inc., (NYSEWS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY. Since 2003, through its proprietary survey, Military Friendly® has established the standard for measuring an organization’s commitment, effort and success in creating sustainable and meaningful benefits for the military community through civilian employment, educational and entrepreneurial opportunities. Worthington Steel was among 308 employers named to the 2025 list from over 1,200 participating companies.

Worthington Steel, Inc., (NYSEWS) announced today that Cliff Larivey, senior vice president of commercial and purchasing, has been named president of Flat-Roll Steel Processing, effective Dec. 1, 2024. Jeff Klingler, executive vice president and chief operating officer, has been performing the role since Dec. 1, 2023. This structure will allow Klingler to focus on the Company’s global business operations and executing its growth and optimization strategy.

Worthington Steel, Inc. (NYSEWS) announced today the release of its 2024 Corporate Citizenship and Sustainability Report, summarizing the Company’s key accomplishments and performance metrics achieved during fiscal 2024 across several important areas, including environmental management, safety, talent development, citizenship and corporate governance. The report can be viewed on the Company’s website at https://www.worthingtonsteel.com/sustainability.

Worthington Steel, Inc. (NYSEWS) announced today that it has implemented a Dividend Reinvestment Plan (the “DRIP”), which went into effect Sept. 13, 2024. Participation in the DRIP is optional and will not affect shareholders’ cash dividends, unless they elect to participate in the DRIP.

Worthington Steel, Inc. (NYSEWS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 first quarter ended August 31, 2024.

The board of directors of Worthington Steel, Inc. (NYSEWS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on Dec. 27, 2024, to shareholders of record Dec. 13, 2024.

Worthington Steel, Inc. (NYSEWS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. The Company will host a conference call to discuss its fiscal first quarter results at 8:30 a.m. ET on Thursday, Sept. 26, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Worthington Steel, Inc. (NYSEWS), a market-leading, value-added steel processing company, today reported financial results for the fiscal 2024 fourth quarter and full fiscal year ended May 31, 2024.

The board of directors of Worthington Steel, Inc. (NYSEWS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 27, 2024, to shareholders of record September 13, 2024.

Worthington Steel, Inc. (NYSEWS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 26, 2024. The Company will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Worthington Steel, Inc. (NYSEWS) today announced that it was named a GM Supplier of the Year winner in General Motors’ 32nd annual Supplier of the Year awards. This is the Company’s third time achieving this distinction. It previously won recognition in 2020 and 2021 as part of Worthington Industries.

Worthington Steel, Inc. (NYSEWS) today announced it has earned recognition as a Partner-level supplier for 2023 in the John Deere Achieving Excellence Program, marking its 12th consecutive year achieving this honor. Partner-level status is Deere & Company’s highest supplier rating. Worthington Steel was selected for its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.

The board of directors of Worthington Steel, Inc. (NYSEWS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on June 28, 2024, to shareholders of record June 14, 2024.

Worthington Steel, Inc. (NYSEWS) announced today that its tailor welded blanking joint venture, TWB Company, LLC (TWB), has signed a licensing agreement with ArcelorMittal Tailored Blanks for use of its patented ablation technology in the production of hot formed tailored blanks. This technology expands TWB’s hot formed tailored blanking capabilities in North America. Along with this agreement, TWB plans to install a fully automated ablation line at its Monroe, Michigan, facility.

Worthington Steel, Inc. (NYSEWS) announced today that it will report the results for its fiscal third quarter after the market closes on Thursday, March 21, 2024. The Company will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Friday, March 22, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Worthington Steel, Inc. (NYSEWS) today reported financial results for the fiscal 2024 second quarter ended November 30, 2023. The Company operated as part of Worthington Enterprises, Inc. (formerly Worthington Industries, Inc.) for the entire fiscal 2024 second quarter, and historical financial measures presented in this release were derived from Worthington Enterprises, Inc.'s accounting records and are presented on a carve-out basis.

The board of directors of Worthington Steel, Inc. (NYSEWS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on March 28, 2024, to shareholders of record March 14, 2024. This marks the first dividend paid by Worthington Steel since the business separated from the former Worthington Industries, now Worthington Enterprises NYSE: WORNYSEWOR)

Worthington Steel, Inc. (NYSEWS) announced today that it will report the results for its fiscal second quarter after the market closes on Thursday, December 21, 2023. These results reflect the Company’s earnings as part of Worthington Industries NYSE: WORNYSEWOR)