Press Releases

The Company's results for the 2018 second quarter will be issued by press release on Thursday, August 9, 2018 after the close of business at 5:00 p.m. ET. An Investor Conference Call will be hosted by Marion E. Britton, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Friday, August 10, 2018 at 9:00 a.m. ET to review the results. The dial-in telephone numbers for the call are 416-764-8688 (Toronto and Inter

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Midrex Technologies, Inc. announces that in June, plants operating with MIDREX® Direct Reduction Technology reached a cumulative production of 1 billion metric tons of direct reduced iron (DRI) products, according to records kept by Midrex Technologies and verified annually by World Steel Dynamics. From the start-up of the first MIDREX Plant at the former Oregon Steel Mills in Portland, Oregon, USA in 1969, it took 38 years to produce the first 500 million tons of DRI, but only

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The "High Speed Steel (HSS) Metal Cutting Tools - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2024. This report analyzes the worldwide markets in US$ Million. The global market is further

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In the face of the US tariff storm, the Aluminium China 2018 exhibition and conference in Shanghai from July 11 to 13, will provide China’s aluminium industry with its first global platform since the announcement to expand business into other world markets. In particular, the event, which will bring together some 500 exhibitors and 24,000 visitors from more than 30 countries and regions, will reinforce China’s connections the rest of Asia and strengthe

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Steel Dynamics, Inc today announced the completion of the acquisition of Heartland Steel Processing, LLC (formerly known as Companhia Siderurgica Nacional, LLC) ("Heartland").  Located in Terre Haute, Indiana, Heartland produces various types of higher-margin, flat roll steel by further processing hot roll coils into pickle and oil, cold roll, and galvanized products.  As previously announced, the purchase price for Heartland was $400 million in cash, inclusive of $60 mill

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ArcelorMittal Zenica announces the completion of a EUR 30 million project to rebuild the blast furnace and upgrade other areas of the factory, including the energy, sinter and steel plants and the rolling mill. The latest projects are bringing the total invested in the Zenica plant to over EUR 200 million. The refurbishment means that integrated steel production can continue in Zenica for up to 20 years into the future. The project’s completion was marked with a ceremony in th

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ZK International Group Co., Ltd., a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products that require sophisticated water or gas pipeline systems, today announced successfully hosting the Annual Stainless Steel Pipe Industry Conference, a conference organized by Foshan Stainless Steel Committee, in Hefei, Anhui, China in June 2018.   The Foshan Stainless Steel Committee is one of the largest metal industry co

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Steel Dynamics, Inc today announced plans to expand its offering of value-added flat roll steel products through the addition of a new galvanizing line in Columbus, Mississippi.  The company plans to invest approximately $140 million and create 45 new jobs, adding a third galvanizing line at its Columbus Flat Roll Division.  After the planned completion of this new facility, the company will have nine value-added galvanizing lines located throughout the eastern half of the United St

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The historic Georgetown steelworks in South Carolina, which has remained idle for almost three years, was brought back to life today (25th June) heralding the arrival of Sanjeev Gupta’s global GFG Alliance in the USA. The 14,000-worker metals, mining, engineering, energy and financial services group, which has invested billions to secure the future of industrial assets in the UK, Europe and Australia, said it now intended to do the same in North America. Group execut

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Republic Steel, the nation's leading provider of special bar quality steel, says it's been preparing its plants by investing $12 million over the last 18 months to supply increased market demand. The 232 steel tariffs have created additional demand for steel and Republic has the expertise, quality and open capacity to take on this increase in demand. At its Canton facility, Republic has hired 25 new employees this year, is recruiting for 50 additional positions, and has rece

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