Worthington Steel targets $150M of EBITDA synergies from Kloeckner while planning to cut debt in half over two years

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Earnings Call Insights: Worthington Steel (WS) Q4 fiscal 2026 “On June 3, we completed the Kloeckner & Company transaction and became the majority shareholder of the company.” (CEO, President & Director Geoffrey Gilmore) Gilmore said Worthington Steel now owns “approximately 62% of Kloeckner's outstanding shares,” calling it “the largest acquisition

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