Press Releases

This CRU Insight is the second in a series of five that look at China's capacity reduction programme and its key implications. In this paper we examine the impact of improving capacity utilisation on domestic steel prices. Prices and margins improve, but why? Part of the answer lies in changes in marginal cost of production. This relationship is independent of any change in steelmaking raw materials costs, and any other input cost for that matter. When capacity utilisa

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Schnitzer Steel Industries, Inc. today announced preliminary results for its fourth quarter of fiscal 2017 ended August 31, 2017. Schnitzer expects fourth quarter earnings per share from continuing operations to be in the range of $0.62 - $0.65. Adjusted earnings per share are expected to be in the range of $0.60 - $0.63. For the fourth quarter of fiscal 2016, reported earnings per share were $0.59 and adjusted earnings per share were $0.60, both of which included a benefit of $0.21 per share

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Commercial Metals Company, in conjunction with its fourth quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, October 26, 2017, at 11:00 a.m.  Eastern Time (10:00 a.m. Central) with Barbara Smith, President & CEO and Mary Lindsey, Senior Vice President & CFO. The teleconference will also be available via webcast.  To access the webcast (in listen-only mode), please visit Commercial Metals

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Shanghai Metal Corporation is a manufacturing company that designs customized machinery for different sectors. Clients from different industries can get different kinds of machines made through them. Cutting machines are being used in almost every sector. It is important to buy a cutting machine that cuts with precision and gives a nice finishing. There are various companies that have been manufacturing useful machinery that come in handy for almost all the industries. Getting in to

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Flat Steel Market Analysis By Product (Sheet & Strips, Plates), By Material (Carbon, Alloy, Stainless, Tool), By Application (Building & Infrastructure, Automotive, Mechanical Equipment), By Region, And Segment Forecasts, 2014 - 2025. The global flat steel market is expected to reach USD 1,015.7 billion by 2025, growing at a CAGR of 3.6%, according to a new report by Grand View Research, Inc. The rapid industrialization, increase in infrastructural investment and g

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Universal Stainless & Alloy Products, Inc. today announced a base price increase of 5% on all stainless products manufactured at its Bridgeville, Dunkirk and North Jackson facilities.  The increase will be effective for all non-contract new orders entered October 1, 2017 forward.  Current material and energy surcharges will remain in effect. Chris Zimmer, Executive Vice President and Chief Commercial Officer, commented, “We are committed to providing our customer

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Carpenter Technology Corporation announced today that it will increase base prices three percent (3%) to eight percent (8%) on new non-contract orders across all stainless steel product forms. The increases will be effective with new orders placed after September 30, 2017. All applicable surcharges will remain in effect. About Carpenter Technology Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys,

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Insteel Industries, Inc. today announced that its fourth quarter 2017 earnings conference call will be webcast live over the internet on Thursday, October 19, 2017 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at http://investor.insteel.com/events.cfm and will be archived for replay. About Insteel Insteel is the

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The "Global Stainless Steel Pipes and Tubes Market (2017-2022)" report has been added to Research and Markets' offering. The global market is projected to display a sustainable growth represented by a CAGR of over 3.55% during 2017-2022, primarily driven by rising energy demand and production of vehicles. Increasing vehicles sales coupled with rising demand of energy across the developed and emerging regions is backing the growth in Global Stainless steel pip

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LexCentral announced it has increased overall growth in the appliance industry, bolstered by exceeding ISO quality targets for the third consecutive month. LexCentral’s quality and banner customer service continue to drive its flat-rolled steel products to a variety of industries including air conditioning, water heaters, furnaces, washers, dryers, refrigeration and other household and industrial appliances. “It’s extremely rare to see companies in the steel indust

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