Two newly formed companies taking disruptive aim at established industries, Arkansas's Big River Steel and Noodle.ai, a San Francisco-based Enterprise Artificial Intelligence company, announced a contract to implement Enterprise AI to optimize operations at Big River Steel’s recently completed $1.3 billion scrap metal recycling and steel production facility in Osceola, Arkansas. Big River Steel is the world’s fi

Steel Dynamics, Inc. today provided first quarter 2017 earnings guidance in the range of $0.77 to $0.81 per diluted share, compared to prior year first quarter earnings of $0.26 per diluted share and sequential fourth quarter 2016 earnings of $0.08 per diluted share, which included non-cash goodwill and asset impairment charges of $0.31 per diluted share and debt refinancing and repayment charges of $0.04 per diluted share.  Excluding these items, the company

Steel Partners Holdings L.P., a diversified global holding company, today announced that it will host a live webcast of its investor day on Tuesday, March 28, 2017 beginning at approximately 12:15 p.m. E.T. The webcast can be accessed through a link on the “Investor Events” page on Steel Partners’ website at www.steelpartners.com. A replay of the event will also be available on the company’s website for

Research and Markets has announced the addition of the "Steel Global Market Review 2016/2017" report to their offering. The report presents a thorough study of Steel, covering both global and regional markets. It aims to give a proper picture of the market, its trends, perspectives and opportunities. Comprehensive data showing Steel worldwide production, consumption, trade statistics and prices are provided.

ArcelorMittal Zenica - one of the most important industrial companies in Bosnia and Herzegovina and the countrys top exporter – has officially inaugurated three new investment projects, with a combined value of more than €12.4m, at a ceremony on Friday 13 March attended by senior representatives from the Federal, Cantonal and City of Zenica authorities. The investments, two focused on further improvements in the comp

US demand for steel mill products is forecast to total 102 million metric tons in 2021, according to Steel Mill Products: United States, a report recently released by Freedonia Focus Reports. The large construction market is expected to underpin growth, while other significant but more slowly expanding markets –motor vehicles, other durable goods, and metal packaging – will support demand. US demand for steel mill produ

Technavio market research analysts forecast the galvanized steel tubes market in India to grow at a CAGR of more than 6% during the forecast period, according to their latest report.  The market study covers the present scenario and growth prospects of the galvanized steel tubes market in India for 2017-2021. The report also lists the irrigation, process, plumbing and construction industries as the key end-user segments of gal

Schnitzer Steel Industries, Inc.has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2017 World’s Most Ethical Company®. Recognition honors those companies who lead with integrity and align principle with action.  Schnitzer has been recognized for a third consecutive year, underscoring the Company’s commitment to the highest

Chinese steel market sentiment rebounded in March, boosted by positive expectations for new orders of domestic long steel products, according to the latest S&P Global Platts China Steel Sentiment Index (CSSI), which showed a headline reading of 49.19 out of a possible 100 points. The March CSSI rose by 23.98 points from February's 25.21 as the outlook for new domestic orders strengthened by 26.27 points from last month

Webco Industries, Inc today reported results for our second quarter of fiscal year 2017, ended January 31, 2017. For our second quarter of fiscal year 2017, we generated net income of $2.2 million, or $2.61 per diluted share, compared to a net loss of $1.2 million, or a loss of $1.43 per diluted share, for the second quarter in fiscal 2016. Net sales for the second quarter of fiscal 2017 were $91.6 million, a 21.3 percent increase