Press Releases

The "Global High Strength Steel Market - Segmented by Type, Application, and Geography - Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering. High strength steel (also known as high strength alloy steel) consists of low carbon steel with a small amount of molybdenum, niobium, and titanium. This high strength steel provides better resistance to corrosion than the carbon steel. Moreover, it differs from the other steel types that a

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Novelis, the world leader in aluminum rolling and recycling, announced its Advanz™ 6HF - e/s200 aluminum alloy is now available in North America following its successful application in Europe. This heat-treatable alloy provides automakers greater design flexibility due to its superior formability, strength performance and weight savings for outer and inner applications. The high-formable 6xxx-series alloy enables new opportunities to use aluminum for body sides, door inners, d

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Friedman Industries, Incorporated (NYSE - American; trading symbol: FRD): Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel coil processing and steel and pipe distribution, announced today its results of operations for the second quarter. For the quarter ended September 30, 2017, the Company recorded net earnings of $310,039 ($0.04 diluted earnings per share) on sales of $26,077,710. During the quarter ended September 30, 2016, the Company

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TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a second tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement. "We have continued to meet and work with union representatives over the past few weeks to arrive at an agreement that benefits our employees as well as our community," said Bill Bryan, TimkenSteel's executive vice president of manufacturing & supply

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SpendEdge, a global procurement intelligence advisory firm, has launched three procurement research reports on the ‘metals and mining’ category. To help clients understand the current supply landscape of the metals and mining sector, analysts have covered reports such as ‘Coke Procurement Research Report’, ‘Stainless Steel Procurement Research Report’, and ‘Iron Ore Procurement Research Report’. Global Coke Category - Procureme

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Insteel Industries, Inc. today announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's common stock payable on January 5, 2018 to shareholders of record as of December 20, 2017. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcem

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Steel Partners Holdings L.P., a diversified global holding company, today announced operating results for the third quarter and nine months ended September 30, 2017. For a full discussion of the results, please see the Company's Form 10-Q as filed with the U.S. Securities and Exchange Commission, which can be found at www.steelpartners.com. Steel Partners reported that revenue for the 2017 third quarter increased to $355.0 million, from $316.8 million for the same period in 2016

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Insteel Industries, Inc. today announced that its wholly owned subsidiary, Insteel Wire Products Company (together referred to as "Insteel" in this press release), has acquired certain of the assets of Ortiz Engineered Products, Inc. ("OEP"). The terms of the transaction were not disclosed. OEP provides value-engineered reinforcing solutions for the concrete construction industry, converting projects that are designed with conventional rebar to welded wire reinfo

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November 3rd, the Joint Venture Agreement of Caofeidian International Iron Ore Exchange Center was signed in Beijing. HBIS, China Minmetals, Port Of Caofeidian Group, Capital Steel and COSCO were partners signing the agreement. The partnership of International Iron Ore Exchanged Center, originally established by China Minmetals, will issue more shares to the new partners. The newly incorporated exchange center will have a wide business scope including custom bonding businesses, warehousing, h

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TimkenSteel, a leader in customized alloy steel products and services, has brought its newest thermal-treatment asset, the advanced quench-and-temper facility, online and has begun processing customer orders. The addition of the $40 million facility, located at the company's Gambrinus Steel Plant in Canton, Ohio, increases TimkenSteel's existing quench-and-temper capacity by 50,000 tons or 45 percent and brings the company's total annual thermal-treatment capacity to 500,000 proce

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