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Steel Industry Press releases cover all the latest press releases in Steel industry. Our Global Steel Industry Press releases are highly accurate official statements on mergers, acquisitions, trade agreements, business expansions, competitions, propositions and so on.

System Seals Inc., a research-based seal manufacturer, has acquired Plastoseal Produktions GmbH, an Austrian-based seal manufacturer focused on highly engineered sealing solutions. The acquisition enhances System Seals' GlobalOne program – a comprehensive approach to managing supply chain logistics for seal customers worldwide. System Seals and Plastoseal are leaders in advanced…

After successfully completing the commissioning of its new horizontal straightening machine, Hyundai Steel has awarded SMS group a follow-up order for the revamp of its Incheon heavy section mill in South Korea. With this revamp Hyundai Steel aims to expand its product range towards larger sections with webs of up…

Insteel Industries, Inc. announced that its third quarter 2019 earnings conference call will be webcast live over the internet on Thursday, July 18, 2019 at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can…

Steel Dynamics, Inc. provided second quarter 2019 earnings guidance in the range of $0.86 to $0.90 per diluted share.  Comparatively, the company's sequential first quarter 2019 earnings were $0.91 per diluted share and prior year second quarter earnings were $1.53 per diluted share. Second quarter 2019 earnings from the company's…

Fujian Luoyuan Minguang Iron and Steel Co., Ltd., located in Luoyuan County, member of the Sangang Group, PR China, has awarded SMS group GmbH the order to supply a new section mill for parallel flange beams up to 750 millimeters web height. The new section mill will enable Fujian Luoyuan…

Zion Market Research has published a new report titled “Tool Steel Market by Material (Tungsten, Vanadium, Molybdenum, and Chromium), by Product Class (Cold-Work, High Speed, Hot-Work, Plastic Mold, and Others), by Application (Injection Molding, Forging, Die Work, and Others), and by End-Use (Automotive Parts, Food and Packaging, Aerospace, and Others):…

Sanjeev Gupta’s Liberty Steel, part of the global GFG Alliance, further expanded its footprint in the U.S. steel downstream products market today with the acquisition of Johnstown Wire Technologies (JWT) in Johnstown, Pennsylvania, the largest producer of value-added carbon and alloy wire in North America. The acquisition from private investment…

SAIL (Steel Authority of India Limited) Durgapur, India, has awarded SMS group a turnkey contract for the supply of three new 110-ton converters for its steelmaking plant No. 2 to replace the converters SMS group supplied 25 years ago. The new converters will be rated for ten percent more volume.…

Helix Steel continues to innovate and lead the market, not just with its products, but with new applications. Today Helix Steel is proud to announce two new Helix® products designed to meet the needs of the Ultra High-Performance Concrete (UHPC) market.  These Buy America compliant products are based on the…

Brazil Minerals, Inc. announced today that it has obtained the rights to an iron project area with 4,120 acres in the “Quadrilátero Ferrífero” (Iron Quadrangle), one of the premier iron regions in the world with multiple operating mines. Iron ore is in high demand with strong sales of Brazilian iron…

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