Press Releases

Press Releases

Los Angeles-based National New Markets Fund, LLC has closed $21 million in New Markets Tax Credit (NMTC) allocation that will enable Commercial Metals Company (CMC) to build an environmentally-sustainable steel manufacturing facility in the rural south Oklahoma community of Durant (80 miles north of Dallas). When completed in late 2017,…

Press Releases

AK Steel said today that its Board of Directors has approved the following executive promotions, effective immediately: • Brian K. Bishop has been named Vice President, Carbon Steel Operations.  He will also assume responsibility for Manufacturing Planning.  Mr. Bishop is currently Director, Carbon Steel Operations. • Michael A. Kercsmar has been named…

Press Releases

Insteel Industries, Inc. today announced that its second quarter 2016 earnings conference call will be webcast live over the internet on Thursday, April 21, 2016 at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call…

Press Releases

Research and Markets has announced the addition of the "Global Steel Rebars Market 2016-2020" report to their offering.(http://www.researchandmarkets.com/research/5l28cl/global_steel) The global steel rebars market is forecast to grow at a CAGR of 6.42% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global steel…

Press Releases

Nowadays, “new economy”is alwaysa hot topic of the world. On an executive meeting of the State Council, Premier Li Keqiang re-explained the concept of “new economy”, and highlighted “new energy auto” as a landmark of “new economy”. The meeting also determined the measures of continuing to support new energy auto…

Press Releases

Upon the closing of the “Two Sessions”, it has become a central topic that China’s economy has entered the “New Normal”. The Report on Government Work made by Premier Li Keqiang has set the GDP growth target of 6.5-7 percent for the year of 2016 based on a comprehensive assessment…

Press Releases

FlexSteel, a leading provider of spoolable steel-reinforced pipeline products, announces the commercial introduction of its high-temperature line pipe capable of handling continuous service at 180°F (82°C) with greater temperatures based on application. Key to the design of FlexSteel High-Temp is a corrosion-resistant, high-temp liner strengthened by a helically wound steel-reinforced…

Press Releases

The company's board of directors has increased the cash dividend for the first quarter 2016 to $0.14 per common share. The dividend is payable to shareholders of record at the close of business on March 31, 2016, and is payable on or about April 8, 2016. About Steel Dynamics, Inc. Steel…

Press Releases

Leo W. Gerard, International President of  the United Steelworkers (USW) union today commended President Obama's nominee for the U.S. Supreme Court and called on Senate Majority Leader Mitch McConnell (R-Ky.) and the U.S. Senate to hold a confirmation hearing as required by the Constitution. "We commend the nomination by President…

Press Releases

The United Steelworkers (USW) union today commended the U.S. Department of Commerce (DOC) for its preliminary decision to place antidumping duties on unfairly traded hot-rolled flat steel from seven countries. The trade case, filed by six U.S. steel companies last August, charges producers in Australia, Brazil, Japan, Korea, the Netherlands,…