Press Releases

Press Releases

Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq: TOR), one of the leading China-based manufacturers and customized service providers for fine finished steel products used by a variety of downstream applications, today announced that Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., Ltd.( "Ningbo Zhehua" ), one of Sutor's subsidiaries,…

Press Releases

The Timken Company, the world leader in tapered roller bearings, will present at the Baird 2015 Industrial Conference on Nov. 10, 2015, at 4:00 p.m. CST (5:00 p.m. EST) in Chicago. Presenting on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. A live…

Press Releases

Platts, the leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets, today announces the launch of Platts Analytics. The new offering combines the company's analytical capabilities into a new product portfolio which helps customers to make…

Press Releases

Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the third quarter ended September 30, 2015. Third Quarter 2015 Financial Highlights •    Sales were $2.29 billion, down 15.5% from $2.71 billion in the third quarter of 2014 and down 5.7% from $2.42 billion in the second…

Press Releases

Fourth Quarter 2015 Results Net earnings for the fourth quarter of fiscal 2015 increased to $9.6 million, or $0.51 per diluted share from $4.6 million, or $0.24 per diluted share in the same period a year ago. Insteel's earnings for the current year quarter include $0.3 million of net restructuring…

Press Releases

Hitachi Metals, Ltd.has concluded an agreement with Diehl Steel Company in the U.S for the transfer of assets owned by Diehl to a subsidiary of Hitachi Metals America, LLC,the regional headquarters for Hitachi Metals, Ltd. in the Americas, to expand global sales of die, mold and tool steels in our…

Press Releases

Steel Dynamics, Inc.Today announced third quarter 2015 net income of $61 million, or $0.25 per diluted share, on net sales of $2.0 billion.   Comparatively, prior year third quarter net income was $91 million, or $0.38 per diluted share, on net sales of $2.3 billion, and sequential second quarter 2015 net…

Press Releases

Reliance Steel & Aluminum Co. announced today that its subsidiary, AMI Metals, Inc., headquartered in Brentwood, Tennessee, has been awarded a multi-year contract by Lockheed Martin to provide aluminum flat rolled material for the F-35 Joint Strike Fighter. The five year contract, with an estimated value of $300 million, runs…

Press Releases

Essar Steel Algoma Inc. announced today that it has secured an alternate, interim iron ore supply.  As a result, Essar Steel Algoma has withdrawn its motion for a Temporary Restraining Order against Cliffs Natural Resources Inc. The Company continues to pursue resolution through the courts on the matter of breach…

Press Releases

A federal judge today approved a structured settlement of claims in RG Steel's Chapter 11 bankruptcy case that gives USW-related entities about 70 percent of the $17.4 million total to be distributed to creditors. The United Steelworkers (USW) joined a multi-party mediation process last year in an effort to recover…