Commercial Metals Company , today announced the completion of the sale of its raw materials trading division, CMC Cometals, to Traxys North America L.L.C. and Traxys Europe S.A..  CMC Cometals markets, distributes and processes metal, ores, concentrates, industrial minerals, ferroalloys, chemicals and industrial products worldwide. Total consideration for the sale was approximately U.S. $179 million, subject to adjustment. Barbara Smith, President and Chief Operating Officer, c

Yongnam Holdings Limited (“Yongnam”or  the “Group”), a well-established structural  steel contractor and specialist civil engineering solutions provider, has secured three new contracts worth a total of S$70 million. Two of these contracts are based in Singapore while the third is in Myanmar. One of the two contracts secured in Singapore, awarded by Kimly Construction Pte Ltd, involves the supply, fabrication and installation of structural steelwork

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 growing global population has been a major factor driving the global market. Building & infrastructure application segment has been witnessing significant growth in the flat steel market. Steel is one of the vital requirements during construction on

Indian market is slowly shifting from being agricultural-driven to manufacturing-driven. Owing to India's gradual shift from a services-based to an industry-driven economy major manufacturing sectors such as steel are expected to grow at a healthy rate of 7% during 2016-20 to reach 200 Mn MT by 2020, mainly driven by automotive and auto component industries. Due to increased domestic competition and imports for conventional steel grades, all major manufacturers of steel are now focusing o

The "Global Steel Rebar Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering. The Global Steel Rebar Market is poised to grow at a CAGR of around 6.8% over the next decade to reach approximately $203.65 billion by 2025 This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides his

AK Steel said today that it will increase base prices for all of its stainless steel products, effective with shipments on September 3, 2017. For commodity sheet and strip, specialty sheet and strip, and pipe and tube sheet and strip products, the increase will be achieved through a reduction in the functional discount of two percentage points. For all remaining stainless steel products, including automotive sheet and strip, base prices will be increased by $40 per ton. AK S

The report provides on a comprehensive study of the U.S. steel wire market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains current data on the major players in the industry.

Steel Partners Holdings L.P., a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable September 15, 2017, to unitholders of record as of September 1, 2017, on its 6% Series A Preferred Units, no par value (“Series A Preferred”). Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions in cash

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 September 29, 2017 to shareholders of record as of September 15, 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 reinfo

The "China: Steel Band - Market Report - Analysis and Forecast to 2025" report has been added to Research and Markets' offering. The report provides an in-depth analysis of the steel band market in China. It presents the latest data of the market size and volume, exports and imports, price dynamics and turnover in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors