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. reports company news centered on value-added steel processing, quarterly and annual operating results, dividends, conference calls and corporate updates. Its business updates describe carbon flat-rolled steel processing, electrical steel laminations, tailor welded products and related capabilities such as galvanizing, pickling, configured blanking, specialty cold reduction and lightweighting.
Worthington Steel news also includes disclosures about material agreements, capital-structure matters and shareholder-related developments when they affect the company’s public reporting. The recurring news record reflects a NYSE-listed Ohio company with steel-processing operations across the United States and international markets.
Southland Holdings (NYSE American: SLND, SLND WS) reported that Red River Biosolids Partners, a joint venture of Aecon, MWH Constructors, and Southland subsidiary Oscar Renda Contracting of Canada (each holding 33.3%), has been awarded an approximately $815 million CAD progressive design-build contract by the City of Winnipeg for the NEWPCC Sewage Treatment Plant Upgrade – Biosolids Facilities project.
According to Southland, its approximate $272 million CAD share will be added to the Civil segment backlog in Q3 2026. Construction will now proceed, with upgraded facilities operations expected in Q4 2030 and final completion in Q2 2031, enhancing Winnipeg’s largest wastewater plant and supporting environmental and economic objectives.
Southland Holdings (NYSE American: SLND, SLND WS) announced it has been awarded approximately $25 million in new construction projects through its subsidiaries American Bridge Company and Oscar Renda Contracting.
American Bridge Company received multiple Caribbean marine and port facility contracts, including design-build installation of a conventional buoy mooring system, quay crane hurricane tie-down systems, and rock revetment and breakwater construction. In the U.S. Southwest, Oscar Renda Contracting was awarded various emergency water infrastructure projects.
Worthington Steel (NYSE: WS) has opened the acceptance period for its Public Delisting Tender Offer for all outstanding shares of Kloeckner & Co SE not already owned by Worthington Steel. Kloeckner shareholders can tender their shares at a cash price of EUR 11.00 per share from July 15, 2026 to August 12, 2026 (24:00 Frankfurt / 18:00 New York).
Worthington Steel currently holds about 62% of Kloeckner’s outstanding shares, acquired via a prior voluntary public takeover offer completed on June 3, 2026. The delisting offer is unconditional, with no minimum acceptance threshold, and is made solely under the terms of the offer document approved by Bafin. After delisting becomes effective, Kloeckner shares will no longer trade on regulated markets, which may significantly reduce liquidity and limit price discovery.
Worthington Steel (NYSE:WS) reported fiscal Q4 2026 net sales of $929.2 million, up 12% year-over-year, on higher direct volumes and pricing. The quarter included an operating loss of $57.6 million and a net loss of $48.7 million, driven largely by $94.5 million of impairments and Kloeckner acquisition-related expenses. Adjusted EBIT was $54.0 million and adjusted EPS $0.74, both below the prior-year quarter. On June 3, 2026, the company closed the acquisition of a ~62% stake in Kloeckner. Worthington Steel generated Q4 free cash flow of $7.8 million, ended the quarter with $84.6 million in cash and $172.2 million in net debt, and declared a $0.16 quarterly dividend payable September 29, 2026.
Worthington Steel (NYSE:WS) declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 29, 2026 to shareholders of record as of September 15, 2026.
The company will discuss its fiscal 2026 Q4 results on a conference call at 8:30 a.m. ET on June 25, 2026, accessible via webcast through its investor relations website.
General Motors (NYSE:GM) named Worthington Steel a 2025 Supplier of the Year, marking Worthington Steel’s fifth win since 2020 and third consecutive year receiving the honor.
The award recognizes suppliers that excel in safety, innovation, execution, resilience, customer support and alignment with GM’s strategic priorities.
Worthington Steel (NYSE: WS) completed its voluntary public takeover offer for Kloeckner & Co SE, securing about 62% of outstanding shares. The combination is expected to broaden the product portfolio, diversify end markets and strengthen the geographic footprint.
Worthington Steel intends to launch a Public Delisting Tender Offer for remaining Kloeckner shares at EUR 11.00 in cash per share. The delisting aims to cut listing-related obligations and support long-term strategic development but may significantly reduce liquidity and limit price discovery for Kloeckner shares.
Worthington Steel (NYSE:WS) will report fiscal fourth quarter 2026 results after market close on Wednesday, June 24, 2026. The company will host a conference call and live webcast at 8:30 a.m. ET on Thursday, June 25, 2026, with the webcast archived for one year.
Sky Harbour (NYSE: SKYH, SKYH WS) will present and host investor meetings at two June 2026 events in New York. Management attends the RBC Capital Markets Global Energy, Power & Infrastructure Conference on June 2–3 and the East Coast IDEAS Investor Conference on June 10–11.
Sky Harbour presents at an 8:00 a.m. EST breakout session on June 3 at the RBC event. The IDEAS Conference presentation will be webcast via the host’s main website, offering remote investor access.
Worthington Steel (NYSE: WS) priced a $700 million aggregate principal amount offering of 7.750% senior secured notes due 2033. Closing is expected on or about June 1, 2026, subject to customary conditions.
Proceeds and increased term loans will help fund the pending Kloeckner acquisition, related payments, debt repayment and working capital.