Press Releases

Press Releases

Sierra Metals Inc. announces that the remaining US$48M due on the Corona Acquisition Credit Facility ('the Facility") with Banco de Credito del Peru ("BCP") has been successfully refinanced effective August 7, 2015. The most significant amendments to the facility are as follows:     The remaining $48M due on the facility…

Press Releases

The TYT Steel Pipe Group ("TYT") was founded in November, 2000. They focus on developing, producing and distributing high quality pre-galvanized steel pipes, ERW steel pipes, spiral welded steel pipes with square hollow sections and rectangle hollow sections and all other types of steel pipes. They produce over 200,000 tons…

Press Releases

General Steel Holdings, Inc., a leading non-state-owned steel producer in China, today announced the formation of an Executive Advisory Committee (the "Committee") to strengthen the Company's clean technology expertise and expedite its business transformation. The Committee is comprised of Dr. George V. Chilingar, Dr. Theodore Tsotsis, and Mr. Dean Stanphill,…

Press Releases

To help provide maximum corrosion protection for steel surfaces in harsh industrial environments, Axalta Coating Systems, a leading global manufacturer of liquid and powder coatings, introduces two new Ganicin™ organic zinc-rich primers: Ganicin 2.8 MC-U™ moisture-cured zinc-rich polyurethane primer and Ganicin 2.8 ZR-E™ zinc-rich epoxy primer. Ganicin 2.8 MC-U is…

Wednesday, Aug 05, 2015
Press Releases

Ryerson Holding Corporation, a leading distributor and processor of metals, announced today that it acquired Southern Tool Steel (STS), a privately-owned metals service center company headquartered in Chattanooga, Tennessee. Southern Tool Steel brings a highly diversified, largely transactional account base and specialization in bar and plate processing, as well as…

Press Releases

Universal Stainless & Alloy Products, Inc. announced today that Ross Cameron Wilkin has been named Vice President of Finance, Chief Financial Officer and Treasurer of the Company, effective August 3, 2015. Mr. Wilkin succeeds Michael Bornak, who previously stepped down from the post. Ross Wilkin, 45, has had over 22…

Press Releases

The Steel Market Development Institute's (SMDI) Vice President – Automotive Market, Dr. Jody Hall, was a featured panelist at the 2015 Center for Automotive Research (CAR) Management Briefing Seminars (MBS), taking place today through Aug. 6 in Traverse City, Mich. SMDI is a business unit of the American Iron and…

Press Releases

Allegheny Technologies Incorporated today announced that John D. Sims has been named Executive Vice President, High Performance Materials and Components segment, effective immediately. Prior to this change, responsibility for ATI’s High Performance Materials and Components segment was divided between Mr. Sims, who was responsible for the Components Group businesses, and…

Press Releases

Cliffs Natural Resources Inc. announced today the commencement of an offer to purchase for cash (the "Tender Offer"), subject to certain terms and conditions, up to $100,000,000 aggregate principal amount (the "Maximum Amount") of its outstanding 3.95% Senior Notes due 2018 (the "Notes"). The Tender Offer is being made pursuant…