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Steel-Technology’s perpetual and fresh feed of latest industry Press Releases helps our clients to gain a good sense of the current trade environment. This information is instrumental for future strategies occurring in the Steel industry.

Press Releases

The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on May 22, 2017, to shareholders of record on May 8, 2017. Schnitzer has paid a dividend every quarter since going public in November 1993. About Schnitzer Steel Industries,…

Press Releases

TimkenSteel (timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $309.4 million and a net loss of $5.3 million or minus 12 cents per share.  This compares with net sales of $217.9 million and a net loss of $9.7 million or minus 22…

Press Releases

According to a new report published by Allied Market Research titled, "Superalloys Market: Global Opportunity Analysis and Industry Forecast, 2014-2022," the global market was valued at $3,727 million in 2015, and is estimated to reach $7,150 million by 2022, growing at a CAGR of 9.5% from 2016 to 2022. In…

Press Releases

United States Steel Corporation announced today that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable June 9, 2017, to stockholders of record at the close of business May 10, 2017. United States Steel Corporation, headquartered in…

Press Releases

Ampco-Pittsburgh Corporation will hold a conference call on Tuesday, May 9, 2017, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2017. If you would like to participate in the conference call, please register using the link below or by dialing…

Press Releases

The global ferrosilicon market is anticipated to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for ferrosilicon in steel and casting industry is expected to drive demand over the forecast period. Growing demand for the product as an inoculant…

Press Releases

Optima Specialty Steel, Inc. (together with its subsidiaries, collectively the “Company” or “OSS”) today announced that it has entered into a Plan Support Agreement (the “Agreement”) with Optima Acquisitions, LLC (“OA”), the sole shareholder of OSS. The Agreement contemplates that the Company will emerge from Chapter 11 by the end…

Press Releases

Nucor Corporation (NUE) announced today consolidated net earnings of $356.9 million, or $1.11 per diluted share, for the first quarter of 2017. By comparison, Nucor reported net earnings of $159.6 million, or $0.50 per diluted share, for the fourth quarter of 2016 and net earnings of $87.6 million, or $0.27…

Press Releases

Stelco, the name under which U. S. Steel Canada Inc. carries on business ("Stelco" or the "Company"), announces that it and Bedrock Industries Group LLC (Bedrock) have reached an agreement in principle (the "Agreement") with the Stelco salaried employees and retirees and certain others represented by court-appointed representatives and counsel…

Press Releases

Steel Dynamics, Inc. today announced first quarter 2017 financial results.  The company reported first quarter 2017 net income of $201 million, or $0.82 per diluted share, with net sales of $2.4 billion.  Comparatively, prior year first quarter net income was $63 million, or $0.26 per diluted share, with net sales…

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