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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.

TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a third tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement. "From the start of these contract discussions, we have worked with union leadership to convey…

TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing products by $40 per ton.  This increase is applicable to orders not already covered by pricing agreements, and effective for shipments beginning April 1, 2018.  All surcharge…

The ultra-high strength steel market is estimated to be USD 7.96 billion in 2017 and is projected to reach USD 11.35 billion by 2022, at a CAGR of 7.35% from 2017 to 2022. The high consumption of ultra-high strength steels in the automotive and aerospace & defense industries is one…

Steel Dynamics, Inc.  today announced that the company's board of directors has declared a quarterly cash dividend of $0.1550 per common share.  The dividend is payable to shareholders of record at the close of business on December 31, 2017, and is payable on or about January 10, 2018. About Steel…

TimkenSteel Corporation, a leader in customized alloy steel products and services, will present at the Cowen Energy & Natural Resources Conference on Tuesday, Dec. 5 at approximately 9:40 a.m. EST in New York. Christopher J. Holding, executive vice president and chief financial officer, will address the conference. A live webcast…

DBM Global Inc., a family of companies providing fully integrated structural and steel construction services, and an operating subsidiary of HC2 Holdings, Inc. (NYSE:HCHC), announced today that it has entered into an agreement to acquire the assets of Mountain States Steel, Inc. (“MSS”). A premier structural steel fabricator founded in…

NLMK Group, an international steel company with operations in Russia, the USA and the European Union, has supplied dynamo steel to Joint Institute for Nuclear Research (based in Dubna) for the construction of a unique accelerator complex in Russia, a NICA collider (Nuclotron-based Ion Collider Facility). The international NICA complex…

The "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" report has been added to Research and Markets' offering. The electrical steel market size will grow from USD 27.84 Billion in 2016…

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 $.375 per unit, payable December 15, 2017, to unitholders of record as of December 1, 2017, on its 6% Series A Preferred Units, no par value,…

TimkenSteel employees who are members of the United Steelworkers (USW) Local 1123 have failed to ratify a second tentative agreement between their bargaining representatives and the company. "We're extremely disappointed because both the company and the union returned to the bargaining table a few weeks ago and once again worked…

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