NRGBriefs: Steel Dynamics Reports Financial Results

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(Energy Analytics Institute, 24.Jan.2022) — Energy briefs including Steel Dynamics, Inc. (NASDAQ/GS: STLD) announcing 4Q:21 and YE:21 financial results; and New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announcing its BODs accepted the resignation of Dr. Mark Cruise as CEO and as BOD w/ New Pacific.

NORTH AMERICA

US

Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced 4Q:21 and YE:21 financial results. In 4Q:21, net sales and net income reached $5.3bn and $1.1 billion respectively.

Canada

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) said its BODs accepted the resignation of Dr. Mark Cruise as CEO and as a member of the BODs w/ New Pacific. The BODs has named Dr. Rui Feng as the CEO. Feng is the founder of the co. and served as CEO until 27 Apr. 2020, the co. announced 24 Jan. 2022 in an official stmt. Also, Feng has stepped down as the Chairman of the BODs and Terry Salman has been appointed as chairman of the BODs.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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