Press Releases

Press Releases

Lightweight metals leader Alcoa today announced it will commercialize its breakthrough MicromillTM technology, working with the Danieli Group, a global supplier of plants and equipment to the metals industry. Danieli will license Alcoa’s intellectual property associated with manufacturing advanced Micromill® products. In a separate announcement made earlier today, Alcoa and…

Press Releases

TimkenSteel, a leader in customized alloy steel products and services, expects EBITDA for the third quarter of 2015 to be a loss of between $30 million and $40 million. The company updated guidance after experiencing a steeper-than-expected drop in industrial demand driven by depressed commodity prices. "We anticipated a difficult…

Press Releases

Essar Steel Algoma Inc. has contracted with Canam-Bridges, a division of Canam Group Inc., to supply structural steel bridge plates for use in the construction of the new Champlain Bridge, satisfying approximately 20% of the project's total steel requirement. Spanning 3.4 km across the St. Lawrence between Montreal and the…

Press Releases

AK Steel said today that the U.S. International Trade Commission (ITC) has made a preliminary determination that cold-rolled steel produced in seven foreign countries is causing or threatening to cause injury to AK Steel and the domestic steel industry.  The preliminary injury determination means that cases against cold-rolled steel producers…

Press Releases

Globe Specialty Metals, Inc. announced today that it has amended its business combination agreement with Grupo FerroAtlántica ("FerroAtlántica") to, among other things, provide additional governance provisions for the benefit of the Globe shareholders. Globe also announced that, subject to certain conditions, a $32.5 million aggregate cash payment would be made…

Press Releases

Standard Metals Processing, Inc., "SMPR", announced today that it is changing its corporate name to Cambrian Minerals Group, Inc. The name change reflects a re-branding initiative to better align the Company's name with its current and future strategy. "The new name – Cambrian Minerals Group, Inc. – allows us to…

Press Releases

NCI Building Systems, Inc. today announced it will present at the Credit Suisse 6th Annual Small & Mid Cap Conference on September 17 in New York City. Norman C. Chambers, Chairman, President and Chief Executive Officer, will deliver the Company's presentation that day at 11:30 a.m. Eastern Time. About NCI…

Press Releases

Harsco Corporation announced the contract renewal of several Harsco Metals & Minerals onsite mill services at the ThyssenKrupp-owned Acciai Speciali Terni (AST) stainless steel works in Terni, Italy. The award, valued at approximately $60 million in projected revenues over its duration, adds to three other Harsco service renewals at this…

Press Releases

Russel Metals Inc. today announced that Ken Wallewein will succeed Don White as President of Apex Distribution Inc. Don White, one of the original founders of Apex Distribution, will retire on December 31, 2015. Apex Distribution and related companies were purchased by Russel Metals in November, 2012.  Ken Wallewein started…

Press Releases

The mining industry in DRC will once again honour its top industry leaders and projects at the DRC Mining Industry Awards that will take place at a high-level gala dinner during the iPAD DRC Mining & Infrastructure Indaba on Wednesday, 15 October in Kinshasa. Impressive industry support The DRC’s Ministry…