Press Releases

Press Releases

Cliffs Natural Resources Inc. announced that, on March 30, 2015, it entered into a new senior secured asset-based revolving credit facility (the "New ABL Facility") and successfully completed its previously announced private offering (the "Offering") of $540 million aggregate principal amount of 8.250% Senior Secured Notes due March 31, 2020…

Press Releases

Product designers and engineers can now get injection-molded low-alloy steel prototypes and low-volume production parts at rapid manufacturer Proto Labs, Inc. (NYSE: PRLB). The technology-driven company has added two nickel steel materials (Catamold FN02 and FN0205) and a chrome-moly material (Catamold 42CrMo4) that is the metal injection molding (MIM) equivalent…

Press Releases

Klein Steel is pleased to announce that it has been selected as one of the Democrat & Chronicle media group’s Top Workplaces in 2015. The Top Workplaces are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and…

Press Releases

Today, United States Steel Corporation President and CEO Mario Longhi joined fellow steel industry leaders in pressing Congress to strengthen America's economic and national security by halting unfair trade practices and enforcing the country's trade laws.  The prepared text of Longhi's follows: Good morning, Mr. Chairman and Members of the…

Press Releases

United States Steel Corporation issued the following statement in response to the Occupational Safety and Health Administration (OSHA) citations. The company's statement follows: "U. S. Steel has received and is reviewing the citations issued by the Occupational Safety and Health Administration (OSHA) following its investigation of the September 21, 2014…

Press Releases

IBISWorld estimates that steel framing services have a buyer power score of 3.7 out of 5, indicative of moderate buyer power in the market. According to IBISWorld analyst Deonta Smith, low market share concentration and intensifying competition among steel framing contractors have raised buyer power. Despite a few notable players,…

Press Releases

United States Steel Corporation announced today it will consolidate its North American Flat-Rolled operations and temporarily idle its Granite City Works operations in Granite City, Ill.  As the primary flat-roll supplier of Lone Star Tubular Operations, the consolidation is part of an on-going adjustment of steelmaking operations throughout North America…

Press Releases

Steel Partners Holdings L.P. and CoSine Communications today announced that the cash tender offer by Cedar 2015 Limited ("Cedar"), an indirect United Kingdom ("UK") subsidiary of SPLP and a wholly-owned subsidiary of CoSine, to acquire all of the issued and to be issued ordinary shares of API Group plc (LN:API)…

Press Releases

General Steel Holdings, Inc., a leading non-state-owned steel producer in China, today announced that it will report financial results for the fourth quarter and full year ended December 31, 2014, before the U.S. market opens on March 31, 2015. General Steel will hold a corresponding conference call and live webcast…

Press Releases

SunCoke Energy, Inc. issued the following statement regarding U.S. Steel's announcement this morning that it is temporarily idling its Granite City Works flat-rolled operations subject to customer demand. “SunCoke Energy supplies coke to U.S. Steel’s Granite City Works under a long-term, take-or-pay contract until 2025 and the temporary idling doesn’t…