The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Nucor Corporation is a prominent manufacturer and seller of steel and steel products, operating primarily through two business segments: steel mills and steel products. The steel mills segment produces a wide range of hot-rolled and cold-rolled steel products, including angles, rounds, flats, channels, sheets, wide-flange beams, pilings, billets, blooms, beam blanks, and plates. The steel products segment offers various items such as steel joists and joist girders, steel deck, cold finished steel, steel fasteners, metal building systems, and light gauge steel framing. Nucor has expanded its operations through strategic acquisitions, including the purchase of SHV North America Corporation and Metal Recycling Services Inc., enhancing its capabilities in steel manufacturing and recycling.

Founded in 1999, Enhanced Capital Partners is a New York-based investment firm managing over $400 million. It specializes in equity and debt investments for small to mid-sized companies across various sectors, with a focus on healthcare technology systems and TMT industries.

ArcelorMittal is a global leader in steel production and mining, serving diverse industries such as automotive, construction, household appliances, and packaging. The company is committed to developing technologies that reduce the carbon footprint of steel.

Toyota Tsusho is a Japanese trading company that engages in diverse business activities. It operates through segments such as Metal Plus (steel processing and sales), Mobility (automotive components and secondhand cars), Chemical and Electronics (semiconductors, electronics, chemicals), Global Parts and Logistics (warehousing and logistics services), and Machinery, Energy and Plant Project (industrial machinery and petroleum products).

Advantage Capital Partners is a United States‑based venture capital firm that provides growth equity, debt, and mezzanine financing to small and mid‑market companies, with a focus on underserved communities and state and local economic development. The firm invests across sectors including manufacturing, technology, business services, life sciences, and energy, and also supports real estate development projects with equity and debt. It typically makes initial investments ranging roughly from half a million to ten million in companies with modest sales, and may participate in larger follow‑on rounds or co‑invest with other firms. It uses senior debt, mezzanine debt, subordinated loans, and government‑guaranteed lending, and often pursues equity positions through preferred shares or convertible notes. Advantage Capital operates nationwide in the United States, with roots in New Orleans and offices in multiple states, and has backed thousands of jobs and housing projects as part of its mission to expand inclusive economic growth.

JSW Steel is a prominent Indian company engaged in the manufacturing and distribution of steel products. Its portfolio includes semi-finished, hot-rolled, cold-rolled, galvanized, color-coated steel, and long products, catering to diverse industries such as automotive, construction, infrastructure, engineering, and consumer durables.

Ryerson is a leading distributor and processor of industrial metals, headquartered in Chicago, with operations across the United States, Canada, and Mexico. The company also has processing and distribution activities in China, catering to a diverse customer base that includes local fabricators, machine shops, and large international manufacturers. Ryerson offers a comprehensive range of products, including stainless steel, aluminum, carbon steel, and alloy steels, as well as a limited selection of nickel and red metals in various shapes and forms. With its extensive processing and fabricating capabilities, broad geographic reach, and commitment to superior service, Ryerson is well-positioned to meet the evolving needs of its customers in the metals industry.

Rio Tinto is a global mining company that discovers, mines, and processes mineral resources. It offers products such as iron ore, aluminum, copper, diamonds, gold, borates, titanium dioxide, and uranium, serving various industries including steelmaking, automotive, construction, and electronics.

Hill & Smith Holdings is an international group operating in the infrastructure and galvanizing markets. It enhances sustainability and safety through innovative solutions, organized into three divisions: Galvanizing Services, Engineered Solutions, and Roads & Security.

Olympic Steel is a U.S.-based metals service center that specializes in the processing and distribution of a wide range of metal products, including carbon, coated, and stainless flat-rolled sheet, coil, and plate steel, as well as aluminum products. The company operates through three main segments: specialty metals flat products, carbon flat products, and tubular and pipe products. Olympic Steel provides large volumes of processed metals to various industries, including industrial machinery, automobile manufacturing, and transportation equipment. Its subsidiary, CTI, is a notable distributor of steel tubing, bars, pipes, valves, and fittings, and is involved in fabricating pressure parts for the electric utility sector. The majority of the company's revenue is generated from its carbon flat products segment.

Aperam is a global stainless and specialty steel producer headquartered in Luxembourg, with production facilities in Brazil, Belgium and France and a flat stainless steel capacity of about 2.5 million tonnes in Europe and Brazil. It operates through segments that include Stainless & Electrical Steel, Services & Solutions, Alloys & Specialties, and Recycling & Renewables, and it manufactures a range of products such as stainless and electrical steels, nickel alloys and other specialty alloys. The company serves customers in aerospace, automotive, construction, household appliances, electrical engineering, medical and oil and gas, and maintains an integrated network of service centers, transformation facilities and sales offices to provide value-added processing and customized steel solutions. Its activities span production, transformation and distribution, with emphasis on sustainable practices, including recycling stainless steel scrap and the use of low-cost biomass/charcoal in some operations.

Founded in 1993, Steel Dynamics is one of the largest U.S. steel producers and metal recyclers, with over $8 billion annual revenue, approximately 7,700 employees, and facilities across the United States. The company operates six steel mills producing high-quality sheet and long products for various industries such as automotive, construction, manufacturing, and energy. Its wholly-owned subsidiary, OmniSource Corporation, manages ferrous and nonferrous scrap metal recycling. Additionally, Steel Dynamics offers fabrication services through New Millennium Building Systems.

Finindus is an investment company that provides early-stage and growth financing to innovative companies focused on materials science, processing technologies, and sustainable manufacturing across the metal value chain. Typically investing €0.5 to €5 million per round, with a maximum of €10 million per company, Finindus actively contributes to portfolio companies' value creation through its network, expertise, and access to OCAS's research facilities.

Cleveland-Cliffs is a Cleveland, Ohio-based company specializing in the mining and processing of iron ore and coal, while also being a prominent producer of flat-rolled steel products in North America. The company operates through various segments, primarily focused on steelmaking, and is vertically integrated, managing the entire supply chain from raw materials to finished steel products. Its operations are organized by product type and geographic location, including U.S. Iron Ore, Eastern Canadian Iron Ore, Asia Pacific Iron Ore, and North American Coal. Cleveland-Cliffs serves a diverse range of markets with a comprehensive portfolio of offerings, operating primarily in the United States, Canada, and select international locations.

Convent Capital is a private equity firm based in Amsterdam, Netherlands, established in 2011. The firm specializes in buy-outs, buy-ins, and growth capital investments in small and medium-sized enterprises, primarily focusing on companies headquartered in the Netherlands and those based in Belgium and Luxembourg. Convent Capital targets investments in businesses with an enterprise value ranging from €10 million to €50 million and an EBITDA between €2 million and €8 million. The firm emphasizes sustainability and seeks to create value through strategic and operational improvements. Convent Capital generally aims to acquire majority stakes in its portfolio companies, with a particular interest in the agriculture and food sectors.

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Established in Singapore in 1974, Temasek Holdings is a lender that specializes in debt financing. It focuses on driving economic transformation by increasing middle-income populations, developing comparative advantages, and fostering emerging champions across various industries such as financial services, transportation, industrial, consumer goods, real estate, telecommunications, media, technology, and life sciences.

Castle Crow & Company is a merchant banking and private equity firm focused on middle-market opportunities in the United States and Canada. It specializes in recapitalizations, management buyouts, leveraged buyouts, and mezzanine capital investments, as well as growth capital and industry consolidation. The firm makes equity and debt investments in privately held companies and in subsidiaries or divisions of public companies, and pursues minority equity investments. In addition to investments, Castle Crow & Company provides advisory services to owners and management teams to help create growth strategies and exits. Founded in 2001 and headquartered in San Francisco, the firm maintains additional offices in Atlanta and Reno.

Franklin Templeton is a global investment management organization, established in 1947. It offers conservatively managed mutual funds, specializing in bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand. The company serves individual investors, corporations, and financial institutions worldwide.

Founded in Japan, Mitsui & Co. is a global general trading company with diverse business areas including energy, machinery, chemicals, food, textile, logistics, finance, and more. It engages in procurement, supply, sales, investment, and project development across various industries worldwide.

S2G Ventures is a Chicago-based, multi-stage investment firm focused on fostering innovation across food and agriculture, oceans, and energy. Founded in 2014, it targets late-stage venture and growth investments and maintains a portfolio spanning seed, venture, and growth rounds. The firm backs entrepreneurs delivering market-driven solutions that transform food systems and related sectors, including ingredients, infrastructure and logistics, food safety technology, retail and consumer brands, as well as opportunities in ocean and energy domains. Its objective is to catalyze healthier, sustainable, and locally sourced food systems through investments that cover agricultural products, logistics, and consumer offerings.

Mitsubishi Heavy Industries is a diversified manufacturing company that produces a wide range of equipment and systems across various sectors. Its offerings include power turbines, missile systems, chemical plants, ships, and aircraft. The company operates through several segments, including Energy, which focuses on clean gas and nuclear power systems, and Plants and Infrastructure Systems, which involves the production of commercial ships and machinery. Additionally, it provides Logistics, Thermal, and Drive Systems, which encompass material handling systems and HVAC solutions, as well as Aircraft, Defense, and Space systems. Mitsubishi Heavy Industries also manufactures residential air conditioners and refrigerators, showcasing its extensive involvement in both industrial and consumer markets.

Breakthrough Energy Ventures is an investor-led venture capital firm based in Kirkland, Washington, focused on climate and energy technology. It makes minority investments across seed, early, and later stages in companies delivering environmental services, climate technology, and cleantech solutions. The firm seeks scalable technologies that provide reliable, affordable power while reducing greenhouse gas emissions and supports innovations that address energy access, infrastructure, and transportation needs. Its mission emphasizes patient, impact-oriented investing to accelerate the transition to low-emission energy systems.

Severstal is a vertically integrated steel and mining company based in Russia, comprising two primary divisions: Severstal Resources and Severstal Russian Steel. Its flagship asset is the Cherepovets steel mill, strategically located near its mining operations and key transportation routes, including the Baltic ports. The company specializes in producing a variety of materials such as iron ore pellets, iron ore concentrates, crushed stones, and coking coal, which serve multiple industries including construction, oil and gas, machinery, and automotive. Severstal also operates in North America, where its subsidiary, Severstal North America, has established itself as a significant player in the steel market, receiving accolades for its excellence in production.

Cleveland-Cliffs, headquartered in Cleveland, Ohio, is a North American iron ore mining and steel producer. It operates as an integrated supplier from ore to finished steel, with mining and pelletizing and metallics activities, and a portfolio of flat-rolled steel products for automotive, infrastructure and manufacturing markets. The company operates iron ore mines in Michigan and Minnesota, including the Tilden mine and the Northshore and United Taconite mines, and holds a minority stake in the Hibbing mine. It produces iron ore pellets in standard, fluxed and direct-reduced grade, and converts them into finished steel through its steelmaking operations. It serves customers across the United States and Canada and operates through multiple segments that cover mining, pelletizing, and steelmaking. The company was founded in 1847 and is based in Cleveland, Ohio.

Atlas Holdings is a holding company and diversified group of manufacturing, distribution, service and trading businesses established in 2002 and based in Greenwich, Connecticut. It operates across building materials, capital equipment, energy, industrial services, packaging, pulp and paper, steel, logistics, supply chain management and distribution. The company focuses on acquiring distressed firms in industrial, trading and distribution and energy sectors, building capable management teams through a shared culture and deploying the Atlas operating system to drive performance across its portfolio.

Stellex Capital Management is a private equity firm focused on middle-market companies in North America and Europe, with offices in New York and London. Founded in 2014, the firm targets opportunities arising from business or industry transitions and from special situations, and it invests across sectors including aerospace, defense, government services, transportation, logistics, manufacturing, industrials, financial services, consumer products, and both business-to-business and consumer-oriented activities.

Vedanta Resources Limited, a global diversified natural resources company, engages in the exploration, extraction, and processing of minerals and oil & gas. Headquartered in London, the company operates through seven segments: Zinc-India, Zinc-International, Oil & Gas, Iron Ore, Copper-India/Australia, Aluminium, and Power. Vedanta produces a range of metals including zinc, lead, silver, copper, aluminum, and iron ore, as well as oil & gas and power. It also engages in port and infrastructure operations, refining of precious metals, manufacture of various products, and accommodation and catering services. The company operates in India, South Africa, Namibia, Ireland, Australia, and other countries, with a significant presence in India. Vedanta is a subsidiary of Volcan Investments Limited and was founded in 1976.

Founded in 2010, EIT InnoEnergy is a leading European innovation engine focused on Sustainable Energy. It invests in early-stage climate tech and energy companies across Europe and the US, providing equity minority investments and added value services to de-risk projects.

Founded in 2004, GSR Ventures is a venture capital firm focused on early-stage technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology. The firm invests globally, backing entrepreneurs building disruptive businesses with the potential to dominate large markets.

Kingspan is a global building materials company specializing in high-performance insulation, building envelope systems, and related solutions that improve energy efficiency and reduce carbon emissions. Its product portfolio spans insulation, roofing and related building fabric, natural light ventilation, water recycling and piping/ducting for HVAC, with capabilities extended into solar integrations through Kingspan Energy, which combines design, engineering, installation, and in-house financing to turn roofs into energy-generating assets. The company operates worldwide with a broad manufacturing footprint across numerous countries, serving commercial, industrial, and public sector markets. Kingspan emphasizes net-zero and sustainable construction, delivering turnkey solutions that integrate energy efficiency with building performance, including water management and environmental solutions via its Kingspan Water & Energy division. The group positions itself as a global leader in high-efficiency building envelopes and related sustainability technologies.

Established in 2012 and headquartered in Schiltigheim, France, Capital Grand Est is a private equity firm focused on supporting businesses within the Grand Est region.

Banker Steel Company is a full-service structural steel fabricator headquartered in Lynchburg, Virginia, with additional fabrication facilities in Orlando, Florida, and Plainfield, New Jersey. The company specializes in providing fabricated structural steel and erection services for the commercial construction market along the East Coast. Utilizing advanced robotic welding technology, Banker Steel enhances its production capabilities through 3D modeling, Building Information Modeling (BIM), and electronic drawing management. The company also offers design-assist services, ensuring efficient project execution and high-quality outcomes for its clients.

Hyduke Energy Services is a prominent manufacturer of drilling and well servicing equipment, established in 1972 and headquartered in Nisku, Canada. The company specializes in the design and manufacture of land-based drilling rigs, pump units, cranes, winches, center sections, mud systems, catwalks, pipe tubs, skids, and oilfield buildings. Hyduke's products are recognized for their reliability in harsh environments, including arctic, desert, and tropical regions. In addition to its core offerings, the company has recently diversified into custom steel fabrication for civil and industrial projects, providing high-quality structural steel fabrication and modular unit supports. Hyduke has also ventured into tank manufacturing, supported by a skilled team experienced in tank engineering, manufacturing, and field installations.

The International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. It provides financial services, including loans and equity investments, ranging from $1 million to $100 million, with a focus on projects that drive economic growth and social impact. IFC invests across various sectors such as infrastructure, agriculture, manufacturing, healthcare, education, technology, and financial services.

SunCoke Energy, Inc. is an independent cokemaking company in the Americas and Brazil, operating through Domestic Coke, Brazil Coke, and Logistics segments. It produces metallurgical and thermal coal and provides handling and mixing services to steel, coke, electric utility, coal-producing, and other manufacturing customers. The company owns and operates cokemaking facilities in the United States and Brazil. Founded in 1960, it is headquartered in Lisle, Illinois.

Voestalpine is a global steel-based technology company, renowned for its high-quality products. It serves as a leading partner to the automotive and consumer goods industries in Europe, and the oil and gas industries worldwide.

Apollo is a global investment management firm specializing in private equity, credit-oriented capital markets, and real estate investments.

A global banking and financial services group, BNP Paribas offers a wide range of products and services to retail customers, associations, businesses, corporations, institutional investors, and financial institutions. It operates through two main divisions: Retail Banking & Services and Corporate & Institutional Banking.

Established in 1948, British International Investment is a UK government-backed development finance institution and impact investor. It focuses on long-term economic growth and sustainability in emerging markets by investing in infrastructure, health, agribusiness, and other sectors.

Founded in 1867, Babcock & Wilcox Enterprises is a global leader in energy and environmental technologies. It provides fossil and renewable power generation equipment, air pollution control products, and aftermarket services to the power and industrial markets worldwide.

Bekaert is a Belgian-based global company specializing in advanced metal transformation and materials coatings. It processes steel wire into fine wires, cables, cloth, filters, and fibers for diverse industrial applications. Bekaert also develops coating technologies to enhance product value. Primarily serving as a business-to-business supplier, it caters to both industrial customers' technological needs and end-users' preferences. The company focuses on growth in regions like China, India, Russia, and Latin America while maintaining its position in traditional markets.

Tung Ho Steel Enterprise produces, processes, and sells a range of steel products including bars, flat irons, angle irons, disc elements, section steel, alloy steel, tool steel, high carbon steel, and other special steels. The company also engages in ship dismantling and trading used ships.

Acerinox, S.A. is a Spanish company specializing in the manufacture and marketing of stainless steel products and special alloys. Founded in 1970 and headquartered in Madrid, the company operates primarily in two segments: Flat Stainless Steel Products and Long Stainless Steel Products. The Flat Stainless Steel segment offers a variety of products, including coils, sheets, plates, and slabs, while the Long Stainless Steel segment provides items such as bars, wire rods, and reinforcement materials. Acerinox also produces special alloys with high nickel content through its VDM Metals subgroup. The company serves a global market, with operations spanning Spain, Europe, the Americas, Africa, Asia, and Oceania, and is committed to technological innovation and continuous investment in its production processes.

Signicast specializes in precision steel investment castings, serving diverse markets with quick lead times and on-time delivery. Their streamlined process enables true Just-In-Time manufacturing, reducing inventory costs for customers. Signicast offers comprehensive services including machining, heat treatment, assembly, and finishing, ensuring high-quality products ready to ship within days. They also provide early supplier involvement and concurrent engineering for optimal product design.

Vale is a multinational mining company headquartered in Brazil. It operates globally with over 195,000 employees. Primarily focused on iron ore production, Vale is the world's leading producer and accounts for roughly 25% of global output. Additionally, it produces nickel, copper, coal, manganese, ferroalloys, fertilizers, cobalt, and platinum group metals.

Canadian National Railway is a leading transportation company offering integrated shipping solutions, including rail, intermodal, trucking, freight forwarding, warehousing, and distribution. With a network spanning Canada coast-to-coast and extending to the Gulf of Mexico via Chicago, it specializes in safe, timely, and cost-effective global marketplace delivery.

BCI Minerals is an Australian company focused on developing the Mardie Salt & Potash Project, a potential Tier 1 project located in the West Pilbara coast. The company supports this venture through earnings from iron ore royalties and divestment proceeds.

Simpson Manufacturing designs, engineers, and manufactures construction products. Its primary offerings include connectors, truss plates, fastening systems, fasteners, concrete construction products, adhesives, and specialty chemicals. The company serves residential, light industrial, commercial construction markets, as well as remodeling and DIY segments.