Press Releases

Press Releases

In an effort to assist automakers in meeting stringent fuel economy requirements, the Auto/Steel Partnership (A/SP) announced today the Hemming of Thin Gauge Advanced High-Strength Steel (AHSS) project achieved a 30 percent weight savings using thinner gauge AHSS for automotive closure panels. "The Hemming team achieved positive results with significant…

Press Releases

The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), awarded the "Automotive Excellence Award" to Honda R & D Americas, Inc. and Gestamp for their work in implementing advanced high-strength steel (AHSS) innovations in a hot stamped rear frame. The award was…

Press Releases

United States Steel Corporation (NYSE: X) announced today the commencement of tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash, subject to certain terms and conditions, up to a total of $500 million aggregate principal amount of its outstanding 7.000% senior notes due…

Press Releases

You are invited to join Nucor's (NYSE: NUE) Annual Meeting of Stockholders, which will be broadcast live over the Internet on Friday, May 13, 2016 at 10:00 a.m. Eastern Time. What:        Nucor's 2016 Annual Meeting of Stockholders     When:      10:00 a.m. Eastern Time on Friday, May 13, 2016  …

Press Releases

Platts Survey of Analysts (2H April) •    Cane crush: 36.27 million metric tons (mt) •    Total recoverable sugar (ATR): 117.44 kilograms per metric ton (kg/mt) •    Sugar production: 1.726 million metric tons (mt) •    Total ethanol production: 1.447 billion liters (ltrs) •    Hydrous ethanol production: 990 million ltrs •    Anhydrous…

Press Releases

A majority of Chinese steel market participants believe prices will likely fall over the next month due to weaker domestic demand, with the outlook for construction steel particularly bleak, according to the latest S&P Global Platts China Steel Sentiment Index (CSSI), which showed a headline reading of 46.98 out of…

Press Releases

Steel Partners Holdings L.P. a global diversified holding company, today announced operating results for the first quarter ended March 31, 2016. They are summarized in the following paragraph. For a full discussion of the operating results, please read the Company's Form 10-Q, which can be found at www.steelpartners.com. SPLP reported…

Press Releases

Russel Metals Inc. (RUS - TSX) announced today that it has declared a dividend in the amount of Cdn$0.38 per share on its common shares, payable on June 15, 2016 to shareholders of record at the close of business on May 24, 2016. Russel Metals is one of the largest…

Press Releases

Novelis Inc. will report its earnings for the fourth quarter and fiscal year 2016 on Tuesday, May 10, 2016.  Following the release, President and Chief Executive Officer Steve Fisher and Interim Chief Financial Officer Steve Pohl will discuss the results via a live conference call for investors at 8:00 a.m.…

Press Releases

United States Steel Corporation (NYSE: X) today announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of senior secured notes due 2021. The Company intends to use the net proceeds from the offering for the repayment of outstanding debt, focusing on near-term maturities,…