Press Releases

Ampco-Pittsburgh Corporation today announced the declaration of a quarterly dividend of nine cents ($0.09) per share on the common stock of the Corporation. The dividend will be paid on April 28, 2017, to shareholders of record on April 14, 2017. About Ampco-Pittsburgh Corporation Ampco-Pittsburgh Corporation, through its operating subsidiaries, is a leading producer of forg

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Steel Partners Holdings L.P. a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.15 per unit (representing the amount of the regular quarterly distribution pro rated from the February 7, 2017 date of issuance), payable March 15, 2017, to unitholders of record as of March 1, 2017, on its 6% Series A Preferred Units, no par value (“Series A Preferred”). Any future deter

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Global Stainless Steel Market is poised to grow at a CAGR of around 6.3% from 2015 to 2025. Some of the prominent trends that the market is witnessing include increasing diffusion of stainless steel round bars in the construction industry, rising investment in building and infrastructure, waning iron ore price: demand factor for scrap and growth opportunities/investment opportunities. Based on product the market is categorized

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The U.S. International Trade Commission (ITC) today issued a unanimous determination that the U.S. industry has been materially injured by unfairly traded imports of stainless steel sheet and strip from China.  As a result, unfair trade orders will be issued by the U.S. Department of Commerce in the coming days imposing antidumping duties on imports from China ranging from 63.86 to 76.64 percent and countervailing duties ranging from 75.60 to 190.71 percent.

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Synalloy Corporation today announced that its subsidiary Bristol Metals, LLC, has closed on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations.  The purchase price for the transaction of $14.95 million includes primarily the stainless steel pipe and tube manufacturing equipment and inventory assets of the business. The combined business will operate as Bristol Metals, LLC, with facilities in B

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Ternium S.A.today announced its plans to build a hot-dip galvanizing line and a pre-painting line in its facility in Pesquería, Mexico. The new lines will target Mexico’s industrial markets, deepening the company’s import substitution strategy. Ternium’s new hot-dip galvanizing and pre-painting lines will have annual production capacity of 300,000 and 120,000 metric tons, respectively. With a total inve

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Nucor Corporation announced today that it has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Limited. Omega Joist produces open web steel joists at its manufacturing facility located in Nisku, Alberta, and also has sales offices in western British Columbia and southern Alberta. "We are excited to grow our joist and decking business in Canada with the acquisition of Omega Joist. This acquisition

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United States Steel Corporation today announced that David B. Burritt, who currently serves as executive vice president and chief financial officer, has been elected president and chief operating officer.  Mario Longhi, who has served as president and chief executive officer since September 2013, will remain U. S. Steel's CEO and continue to serve on the Board of Directors.  The changes are effective today. In his

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Synalloy Corporation, plans to announce its fourth quarter 2016 earnings results in a press release that will be issued before the market opens on Tuesday, March 14, 2017. Following the earnings release, Synalloy will conduct a conference call and webcast at 09:00 AM ET to discuss the earnings results. Interested parties may listen to this discussion by calling 1-(877) 303-6648; Conference ID code 77325009. The conference call will be webcast live through Synalloy

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ArcelorMittal has today filed its Annual Report 2016 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available on ArcelorMittal's website http://corporate.arcelormittal.com under SEC filings. About ArcelorMittal ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to

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