Press Releases

Commercial Metals Company today announced financial results for its fiscal fourth quarter and year ended August 31, 2017.  For the three months ended August 31, 2017, the loss from continuing operations was $32.7 million, or $0.28 per diluted share, on net sales of $1.3 billion compared to a loss from continuing operations of $2.1 million, or $0.02 per diluted share, on net sales of $1.1 billion for the three months ended August 31, 2016.  For the fiscal year ended August 31, 2017,

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With the existence of a large number of producers of stainless steel control valves, the global stainless steel control valves market is highly fragmented, reports Transparency Market Research in a new study. As a result of this, the competitive rivalry among the players operating in the global stainless steel control valves market is anticipated to stay high in the coming years. Although the number of established players is relatively small, the large companies with better price structure ar

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Analysts at Taipei, Taiwan-based investment house Burton Mills believe that the world's demand for steel will slow by 1.6 percent in 2018 after robust growth this year that was driven by demand from China, currently the world's biggest steel consumer. According to the World Steel Association (Worldsteel), demand for steel will reach 1.648 billion tonnes in 2018 from 1.622 billion tonnes in 2017. This year's figure is in line with the nominal expected growth of 7 percent.

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Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported financial results for its fourth quarter and fiscal year ended August 31, 2017. The Company reported earnings per share from continuing operations of $0.65 and adjusted earnings per share of $0.63 for the fourth quarter fiscal 2017. These results are significantly higher than fourth quarter fiscal 2016 reported earnings per share of $0.59 and adjusted earnings per share of $0.60, both of which included a benefit of $0.21 per share

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For 100 years, TimkenSteel has created some of the cleanest and best-performing special bar quality (SBQ) steel in the industry. Today, the company offers customers more than 500 grades, including its new Endurance product line, which is being introduced at this week's Gear Expo in Columbus, Ohio. This family of Endurance steels, comprised of both TimkenSteel's existing high-strength and/or high-toughness grades as well as three new, patent-pending, ultra-high-strength, high

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Ampco-Pittsburgh Corporation will hold a conference call on Monday, November 6, 2017, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2017. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Call

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TimkenSteel employees who are members of the United Steelworkers (USW) Local 1123 have failed to ratify a tentative agreement between their bargaining representatives and the company. "We're disappointed because both the company and the union worked hard to arrive at a fair agreement intended to benefit our customers, our employees and the community," said Bill Bryan, TimkenSteel's executive vice president of manufacturing & supply chain.  "We anticip

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The "Global HSS Metal Cutting Tools Market 2017-2021" report has been added to Research and Markets' offering. The global HSS metal cutting tools market is forecast to grow at a CAGR of 8.68% during the period 2017-2021. The report, Global HSS Metal Cutting Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The

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Nucor Corporation announced today consolidated net earnings of $268.5 million, or $0.83 per diluted share, for the third quarter of 2017. By comparison, Nucor reported consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017 and consolidated net earnings of $305.4 million, or $0.95 per diluted share, for the third quarter of 2016. For the first nine months of 2017, Nucor reported consolidated net earnings of $948.4 million, or $2.94 per

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In this report, we analyze the Stainless Steel Circulator Pump industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and the unit price that they offer in different regions from 2012 to 2017. In terms of its consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions from 2012 to 2017

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