Press Releases

Jingye Group, a leading Chinese steelmaker, is pleased to announce that it has exchanged contracts and reached an agreement to acquire certain assets of British Steel. The agreement will see the two businesses combine to create a world class steelmaking group with global scale and ambition. The combination will bring together expertise from both businesses to help secure a long-term future for British Steel’s operations through the continued production of high-quality steel pr

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RICHMOND, Va., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the third quarter of 2019 of $73.6 million. This represents a decrease of $4.2 million or 5.3% when compared to net sales for the third quarter of 2018.  Excluding net sales of ASTI, net sales for the third quarter of 2019 decreased $12.6 mil

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VANCOUVER, British Columbia, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Group Ten Metals Inc. (TSX.V: PGE; OTC: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) is pleased to announce concurrent non-brokered private placements with projected total gross proceeds to the Company of up to $1,770,000 through the issuance of up to 11,

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A Chinese steel producer located in Hebei Province has placed an order with Primetals Technologies for the supply of an Arvedi ESP (Endless Strip Production) line. The casting-rolling facility will be part of a new steelmaking facility with one BOF currently under construction. The Arvedi ESP line is capable of rolling strip to a reproducible strip thicknesses down to 0.7 mm. This will enable the company to produce high-quality, ultra-thin strip to enter new market segments. Compared to conve

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Business Wire IndiaNational CSR Award, West Zone goes to Technip IndiaTechnipFMC has been recognized with India’s most prestigiou

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Olympic Steel Inc., a leading national metals service center, announced the appointment of Daniel E. Harnois to General Manager, Berlin Metals, effective November 1, 2019. In this position, Harnois will be responsible for driving profitable growth for Berlin Metals, and he will report directly to Andrew Wolfort, Regional Vice President and General Manager. Berlin Metals is an Olympic Steel company that specializes in Tin Mill Products, Stainless Steel Strip, Cold Rolled Steel and Ga

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NEW YORK, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Maxihost, a Brazilian provider of bare metal-based cloud infrastructure products offering high levels of automation, scalability and control, has selected

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Reportlinker.com announces the release of the report "Steel Wire Rope & Plastic Rope Market by Type of Lay, Material Type, Application And Region - Global Forecast to 2024" - https://www.reportlinker.com/p05806378/?utm_source=GNW New product launches leading to an increased application scope of steel wire rope & plastic rope as well as the growing usage of these products across various end-use industries, including industrial & crane, marine & fishing, constru

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RICHMOND, Va., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its third quarter 2019 earnings results in a press release that will be issued before the market opens on Tuesday, November 12, 2019. Following the earnings release, Synalloy will conduct a conference call and webcast at 9:00 AM ET to discuss the earnings results.

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United States Steel Corporation today announced that it has completed its acquisition of a 49.9% ownership interest in Big River Steel (“Big River”) for approximately $700 million, which implies an enterprise value of $2.325 billion. “Today is a true milestone for our 118-year old company,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel. “The closing of our investment in Big River brings us one step closer to creating a diff

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