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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.

The U.S. Department of Commerce (Commerce) announced the final decision in its antidumping and countervailing duty investigations into stainless steel flanges from India, imposing combined antidumping and countervailing duties of approximately 24% to 401.41% on Indian flanges. The decision can be found here. On August 16, 2017, the Coalition of…

The board of directors of TimkenSteel Corporation (NYSE: TMST, timkensteel.com), appointed Marvin Riley, chief operating officer of EnPro Industries, as a new independent director. Eleven directors now serve on the TimkenSteel board. "Marvin has been a leader in the automotive, energy and industrial industries and brings to the board valuable…

Russel Metals Inc. announces that it has declared a dividend in the amount of Cdn$0.38 per share on its common shares, payable on September 14, 2018 to shareholders of record at the close of business on August 27, 2018. About Russel Metals Russel Metals is one of the largest metals…

GrafTech International Ltd  today announced the pricing of a secondary offering of its common stock, which was upsized from 20,000,000 shares to 23,000,000 shares. The shares have been offered by the majority stockholder, an affiliate of Brookfield Business Partners LP, a publicly listed business services and industrials company of Brookfield…

Nippon Steel & Sumitomo Metal Corporation (NSSMC) and PT Krakatau Steel established the joint- venture company PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS) in the Republic of Indonesia for the manufacture and sale of automotive flat steel products, and it started commercial production in July 2017. On August 7, 2018, an…

Metso has won a significant order to deliver a pellet plant, including grinding, filtration and a pyro-processing pellet plant to a large-scale steel operation of JSW Steel Ltd. in India. This new order is Metso's largest global pellet plant delivery, and the single largest installation for Metso 2040-60 Vertical Plate…

TimkenSteel, a leader in customized alloy steel products and services, today announced it will increase prices on special bar quality (SBQ) bar products by $50 per ton. This increase is for orders not already covered by agreements, and effective with shipments beginning Sept. 3, 2018. All surcharge mechanisms remain in…

CRU believes that China is destined for a new phase of steel industry consolidation that could lead to a fundamental change in China's steel industry landscape with ramifications reaching far beyond China. This CRU Briefing, the first of this series of CRU Briefings by John Johnson (CEO CRU China), will…

Nucor Corporation announced today that it has purchased a minority equity position in the parent of Trion Coatings, LLC (Trion Coatings), which is developing an environmentally friendly chrome plating technology. As part of its investment, Nucor is working with Trion Coatings to commercialize the technology and will be constructing a…

Robust global commerce in the various metal applications industries has attracted many leading companies in Taiwan’s metal industry to convene at International Metal Technology Taiwan (iMT Taiwan) 2018. As Taiwan’s key exhibition that is solely dedicated to the metal industry and carries a strong focus in metal materials and precision…

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