Press Releases

Insteel Industries, Inc. today announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's common stock payable on January 5, 2018 to shareholders of record as of December 20, 2017. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcem

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Steel Partners Holdings L.P., a diversified global holding company, today announced operating results for the third quarter and nine months ended September 30, 2017. For a full discussion of the results, please see the Company's Form 10-Q as filed with the U.S. Securities and Exchange Commission, which can be found at www.steelpartners.com. Steel Partners reported that revenue for the 2017 third quarter increased to $355.0 million, from $316.8 million for the same period in 2016

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Insteel Industries, Inc. today announced that its wholly owned subsidiary, Insteel Wire Products Company (together referred to as "Insteel" in this press release), has acquired certain of the assets of Ortiz Engineered Products, Inc. ("OEP"). The terms of the transaction were not disclosed. OEP provides value-engineered reinforcing solutions for the concrete construction industry, converting projects that are designed with conventional rebar to welded wire reinfo

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November 3rd, the Joint Venture Agreement of Caofeidian International Iron Ore Exchange Center was signed in Beijing. HBIS, China Minmetals, Port Of Caofeidian Group, Capital Steel and COSCO were partners signing the agreement. The partnership of International Iron Ore Exchanged Center, originally established by China Minmetals, will issue more shares to the new partners. The newly incorporated exchange center will have a wide business scope including custom bonding businesses, warehousing, h

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TimkenSteel, a leader in customized alloy steel products and services, has brought its newest thermal-treatment asset, the advanced quench-and-temper facility, online and has begun processing customer orders. The addition of the $40 million facility, located at the company's Gambrinus Steel Plant in Canton, Ohio, increases TimkenSteel's existing quench-and-temper capacity by 50,000 tons or 45 percent and brings the company's total annual thermal-treatment capacity to 500,000 proce

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Allegheny Technologies Incorporated today announced that it has reached a definitive agreement to form an innovative 50-50 joint venture (JV) with an affiliate company of Tsingshan Group (Tsingshan). Tsingshan is vertically integrated and is the world’s largest stainless steel producer. Formation of the JV is subject to customary regulatory and anti-trust clearances, which are expected by the first quarter 2018. The JV will manufacture and sell 60 inch-wide stainless sheet in North Amer

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Metal IBC Market: Overview This Transparency Market Research report examines the Global metal IBC market for the forecast period 2017–2027. The primary objective of the report is to identify opportunities in the market and present updates as well as insights pertaining to various segments of the Global metal IBC market. The report begins with an overview of the Global metal IBC market, evaluating market performance in terms of revenue, followed by TMR's analysis of key tre

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Last week members from the Automobile Journalist Association of Canada (AJAC) and Sean Donnelly, president and CEO of ArcelorMittal Dofasco and chairman of the CEO group for the Steel Market Development Institute (SMDI), met to discuss the impact of the Canadian steel industry on the North American automotive market.  The discussion took place during AJAC's annual TestFest, held on Oct. 25 – 26 at the Canadian Tire Motorsports Park in Bowmanville, Ontario. In a discus

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Nucor Corporation announced that its Nucor Steel Memphis, Inc. division was certified by Caterpillar Inc. at the platinum level through its Supplier Quality Excellence Process (SQEP).   The certification was formally presented to the Nucor Steel Memphis team in September.  Nucor Steel Memphis is the only steel mill in the world to earn Platinum certification, which represents excellence in process control, continuous improvement, product quality and delivery to Caterpillar.

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The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on November 27, 2017, to shareholders of record on November 13, 2017. Schnitzer has paid a dividend every quarter since going public in November 1993. About Schnitzer Steel Industries, Inc. Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America. Schnit

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