Press Releases

Press Releases

The Singapore Exchange is utilizing the Platts 62.5% Iron Ore (Fe) China Spot Lump Premium assessment as the settlement basis for its new swap and futures contracts launched today. Lump iron ore is used in steelmaking. "We're pleased to be a recognized source of independent price references for the spot…

Press Releases

Cliffs Natural Resources Inc. today announced the expiration of and final results for its offer to purchase for cash (the "Tender Offer") up to $123,694,000 (as previously increased, the "Maximum Amount") of its outstanding 3.95% Senior Notes due 2018 (the "Notes").  The Tender Offer expired at midnight, New York City…

Press Releases

Essar Steel Algoma Inc. reported today CDN $5.6 million EBITDA for the first quarter of fiscal 2016 ending June 30, 2015, verses CDN $12.4 million in the same period year prior. The Company maintained strong production throughout the quarter and is currently operating at 90% capacity utilization. This translated into…

Press Releases

Lincoln Electric Holdings, Inc. today announced that Christopher L. Mapes, Chairman and Chief Executive Officer, and Vincent K. Petrella, Executive Vice President and Chief Financial Officer, will speak at the 2015 RBC Capital Markets' Global Industrials Conference being held in Las Vegas on Wednesday, September 9, 2015, at 12:45 p.m.…

Press Releases

EVRAZ North America plc announced that, in connection with the 7.5% Senior Secured Notes due 2019 issued by its subsidiary EVRAZ Inc. NA Canada, it will conduct a conference call on Friday, August 28, 2015, at 9:00 A.M. EDT to discuss its second quarter 2015 financial results. The Company invites…

Press Releases

China Gerui Advanced Materials Group Limited, a leading high-precision, cold-rolled steel producer in China, today announced that on August 19, 2015, it received a written notice (the "Notice") from the Listing Qualifications department of The Nasdaq Stock Market ("Nasdaq") indicating that the Company is not in compliance with the Nasdaq…

Press Releases

Dr. Kesh Keshavan has been named Director of Development for SuperMetalix, Inc. (www.supermetalix.com), it was announced today by Jack Kavanaugh, Chairman of SuperMetalix, Inc. and Dr. Richard Kaner, Chairman of the SuperMetalix Scientific Advisory Board. Dr. Keshavan, who holds two hundred patents and is the recipient of “Most Cited Author;…

Press Releases

AT&F is expanding its operations in India, where it is opening a 90,000-square-foot (8,400-square-meter) state-of-the-art steel processing facility to take advantage of the country's vast resources and rapid civic development. AT&F has opened a new facility in Chakan, near the city of Pune in Maharashtra, to be a dependable local…

Press Releases

The Cold Finished Steel Bar Institute (CFSBI) has initiated a new program to monitor imports of carbon and alloy cold finished steel bars to determine whether U.S. trade laws are being violated. "Members of the CFSBI are deeply concerned about increases in imports and import penetration in the U.S. market,"…

Press Releases

The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), returns as title sponsor of the 2015 Texas Truck Rodeo. The Texas Auto Writers Association (TAWA) truck rodeo brings journalists from throughout Texas and the U.S. to evaluate the nation's top trucks and…