Press Releases

Press Releases

Sierra Metals Inc. today announces that the Company has appointed Mike McAllister as Director of Corporate Development effective April 22, 2015. Mr. McAllister is a mining specialized investor relations professional who joined the sector in June, 2010.  He has worked for companies such as Avion Gold Corp., which was sold…

Press Releases

Research and Markets has announced the addition of the "Saudi Arabia Steel Industry Outlook 2019" report to their offering. The report provides an in-depth analysis of steel production and consumption in Saudi Arabia covering both, crude and finished steel. In our research, finished steel has been further segmented into long…

Press Releases

The Timken Company announces the opening of a new, 27,000-square-foot, state-of-the-art gear drive manufacturing facility in Houston. An integral part of the Timken Power Systems group, the new plant will significantly improve production efficiencies in the manufacture of Philadelphia Gear® brand high-speed drives. A long-time designer and innovator of high-speed…

Press Releases

Mechel OAO, one of the leading Russian mining and metals companies, reports signing a four-year contract on locomotive maintenance works between Mecheltrans-East OOO and Sinara Transport Machines OAO (STM). The contract was signed on the sidelines of the 20th International Exhibition for Transport and Logistics Services and Technologies "TransRussia" and…

Press Releases

Steel Dynamics, Inc. today announced first quarter 2015 financial results. Excluding $17 million, or $0.04 per diluted share, of call premium and other finance expenses associated with the March 2015 senior note repayment, the company's adjusted first quarter 2015 net income was $40 million, or $0.17 per diluted share, on…

Press Releases

Flexsteel Industries, Inc. today reported record third quarter and nine month net sales and net income. Third Quarter Financial Highlights: Net sales increased 10.9% to $122.5 million. Adjusted net income increased 55.8% to $6.7 million. Nine Month Financial Highlights: Net sales increased 5.5% to $345.6 million. Adjusted net income increased…

Press Releases

The SunCoke Energy Partners, L.P. Board of Directors today declared a first quarter 2015 cash distribution of $0.5715 per limited partnership unit payable on May 29, 2015, to unitholders of record on May 15, 2015. The distribution is approximately 6 percent higher than SXCP’s fourth quarter 2014 cash distribution and…

Press Releases

Union Steel Minister Mr Narendra Singh Tomar today inaugurated India Steel 2015, a biannual event organised by Federation of Indian Chambers of Commerce and Industry (FICCI), here today. In his inaugural address, the minister announced that the Government and industry have agreed to work together in research and development. An…

Press Releases

In mid-May, 2015 INDUSTRY DAYS, MACH-TECH will be hosting world brands, multinational corporations, and the best that small and medium-sized enterprises have to offer for visitors, engineers and experts alike at the HUNGEXPO Budapest Fair Center. The exhibition provides a unique environment for establishing new business relationships, cultivating existing ties,…

Press Releases

TimkenSteel, a leader in customized alloy steel products and services, today held an open house ceremony to celebrate the commissioning of its jumbo bloom vertical caster, the largest of its kind in the world, at the Faircrest Steel Plant in Canton. "TimkenSteel's new jumbo bloom vertical caster improves both our…