Press Releases

Press Releases

Allegheny Technologies Incorporated announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per share of common stock. The dividend is payable on December 30, 2015 to stockholders of record at the close of business on December 21, 2015. “Challenging market conditions continue to impact our…

Press Releases

The high-temperature residue hydrogenation hydraulic turbine with a processing capacity of 1.70 million tons per year, independently developed by Leo Group's industrial pump technology center, was certified at the "Energy Recovery Turbine" national production certification event hosted by the China Machinery Industry Federation in Xiangtan, Hunan province on December 5,…

Press Releases

Following a complaint filed by Essar Steel Algoma Inc., the Canada Border Services Agency ("CBSA") issued Final Determinations on December 7, 2015 respecting certain hot-rolled carbon and high-strength low-alloy steel plate.  Specifically, the CBSA has determined dumping and subsidizing has occurred respecting certain hot-rolled carbon steel plate and high-strength low-alloy…

Press Releases

AK Steel said today that it will increase base prices for all of its stainless steel products, effective with shipments on January 1, 2016.  For commodity sheet and strip, specialty sheet and strip, and pipe and tube sheet and strip products, the increase will be achieved through a reduction in…

Press Releases

United Steelworkers (USW) International President Leo W. Gerard issued the following statement today in conjunction with the announcement by the Office of the United States Trade Representative (USTR) that it was pursuing action at the World Trade Organization (WTO) to force China to apply its 17 percent value added tax…

Press Releases

Mate Precision Tooling, a leading manufacturer of tooling solutions for sheet metal fabricators, has announced the addition of a new line of Bevel Tang Style press brake tooling. Enabling faster and safer tool changes, the tooling is engineered with a beveled punch tang and is designed for press brakes featuring…

Press Releases

Commercial Metals Company in conjunction with its first quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Tuesday, January 5, 2016, at 11:00 a.m.  Eastern Time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO,…

Press Releases

RP Abrasives is excited to announce the introduction of their new Timesavers machine and line graining services for finishing a wide range of metal surfaces. A line grain finish, also known as stroking, is a sanded or etched in a linear pattern, used to remove or minimize scratches, defects, mill…

Press Releases

On December 3, 2015, in recognition of Essar Steel Algoma Inc.'s current Stay of Proceedings, the matter of Cleveland-Cliffs vs. Essar Steel Algoma Inc. was dismissed by the Court for the Northern District of Ohio without prejudice.  This ruling encompasses the lawsuit filed by Cleveland-Cliffs on January 12, 2015 against…

Press Releases

TYASA, a Mexican steelmaker, has placed equipment orders and begun construction of a Castrip® facility at its Ixtaczoquitlan site. As one of North America's fastest growing steelmakers, TYASA will leverage the efficiencies and excess melt capacity of its Quantum Furnace to supply the Castrip thin-strip casting process. The new facility…