Press Releases

Hofmann Industries Inc announced Monday that it has completed a major investment in its Sinking Spring, PA based Zinc Plating Facility. This investment includes new control & conveyor systems, new surface preparation tanks, and improved chemical monitoring and feed systems to support the RoHS and CONEG compliant plating line. Originally conceived and installed to provide a protective and decorative brite zinc plated finish

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WL Ross & Co. LLC ("WLR"), Hwabao Investment Corp., the investment arm of China Baowu Steel Group,  ("Baowu"), U.S.-China Green Fund and China Merchants Finance Holdings Co., Ltd. today announced that they have signed a framework agreement to form a joint venture for the purpose of establishing an investment vehicle to acquire steel industry assets in China.  The venture brings together the complementary backgrounds and experience

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The new research portal will provide visitors with the opportunity to browse a comprehensive collection of company reports on Nippon Steel & Sumitomo Metal, as well as in-depth market research and analysis of their activities in the global steel industry.  The Global Stainless Steel Market report has identified the company as a leading player in the market. The market is poised to grow at a CAGR of around 6.3% from 201

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Steel Dynamics, Inc.one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2017 financial results after market close on Wednesday, April 19, 2017. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, April 20, 2017 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Finan

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TimkenSteel Corp. will release its 2017 first-quarter financial results on Thursday, April 27, after the market closes on the New York Stock Exchange. The company will host a conference call at 9 a.m. EDT on Friday, April 28, to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at investors.timkensteel.com. TimkenSteel E

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The report "Electrical Steel Market by Type (Grain-oriented and Non Grain-oriented), Application (Transformers, Motors, Inductors), End-Use Industry (Energy, Automobile, Manufacturing, Household Appliances), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the market size is estimated to grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021, at a compound annual growth rate (CAGR) of 7.0% from 2016 to 2021.

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Cliffs Natural Resources Inc. today said it will be announcing first-quarter 2017 financial results before the U.S.-market open on Thursday, April 27, 2017. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results.    

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The Acquisition is expected to close on April 4, 2017, or such later date which may be agreed, with an outside date of April 30, 2017. The consideration is cash but immaterial, and further particulars of the Acquisition are available in the Corporations Material Change Report filed today. The Acquisition supports Hydukes stated strategy to expand beyond the fabrication and support of drilling and well servicing rigs and related oilfield services equipment to becom

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On Thursday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.28%; the Dow Jones Industrial Average edged 0.33% higher; and the S&P 500 was up 0.29%. US markets saw a mixed session as 4 sectors closed in green, 4 sectors finished in red, and 1 sector ended flat for the day. Pre-market today, Stock-Callers.com reviews these four Steel & Iron stocks: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corporation Wort

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The rapid growth of the Indian oil and gas sector offers significant opportunities for the global industry, according to Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials. India is one of Asia’s key locations for the oil and gas industry. With double digit demand growth for oil set to outpace China for the third year in a row and a recent licensin

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