Today, June 21, 2017, the board of directors of Commercial Metals Company declared a regular quarterly cash dividend of $0.12 per share of CMC common stock. The dividend is payable to stockholders of record as of the close of business on July 6, 2017. The dividend will be paid on July 20, 2017. This cash dividend reflects CMC's 211th consecutive quarterly dividend. About Commercial Metals Company Commercial Metals Company and its subsidiaries manufactu

Adamant DRI Processing and Minerals Group, a Hebei Province, People's Republic of China based producer and supplier of direct reduced iron (DRI) feedstock for China's steel manufacturing and processing industries, today announced it has secured a supply contract with JiangSu YanCheng YunQiJia Trading Co ("YunQiJia"), a leading processor and supplier of specialized steel to industry bellwethers Nanjing Iron and Steel Group and Jiangyin Xingcheng Special Steel Works.

Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, expanded its operations and geographic presence with the opening of a new facility in Houston, Texas.   Mill Steel is now operational with slitting and cut-to-length capabilities in their 100,000 square-foot facility. This premier building houses three production lines with the capability of slitting 50,000 lb master coils up to 60" wide and .015-.250" thick. The company plans to

ArcelorMittal (‘the Company’) and Marcegaglia announce that AM Investco Italy Srl (‘AM Investco’) has concluded the exclusive negotiation phase and reached a binding agreement concerning the lease and obligation to purchase Ilva S.p.A and its subsidiaries with the Italian Government. The ancillary documentation will be completed by 30 June. Intesa Sanpaolo will formally join the consortium before transaction closing. Strategic highlights

Research and Markets has announced the addition of the "Global Steel Long Products Market 2017-2021" report to their offering. The global steel long products market to grow at a CAGR of 2.97% during the period 2017-2021. The report, Global Steel Long Products 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 report also includ

Schnitzer Steel Industries, Inc. today announced preliminary results for its third quarter ended May 31, 2017. Schnitzer expects third quarter earnings per share from continuing operations to be in the range of $0.56 - $0.60 and adjusted earnings per share to be in the range of $0.52 - $0.56. These expected results would reflect a significant increase compared to fiscal 2017 second quarter earnings per share of $0.40 and adjusted earnings per share of $0.37, and the prior year third quarter e

Steel Dynamics, Inc. today provided second quarter 2017 earnings guidance in the range of $0.60 to $0.64 per diluted share, compared to prior year second quarter earnings of $0.58 per diluted share and sequential first quarter 2017 earnings of $0.82 per diluted share.   During the second quarter 2017, the company further modernized one of its galvanizing lines located at its Butler Flat Roll Division, while also expanding the line's annual value-added production capability

Cliffs Natural Resources Inc. announced today that it has selected a site in Toledo, Ohio for the development of its first hot briquetted iron (HBI) production plant. Midrex Technologies was selected to design, engineer and procure equipment for the new plant, which will have the nominal capacity to produce 1.6 million tons of HBI per year. Lourenco Goncalves, Chairman, President and Chief Executive Officer, said, “Today’s announcement marks a very important strategic mi

Ampco-Pittsburgh Corporation today announced that the Board of Directors has suspended the Corporation’s quarterly cash dividend, beginning with the second quarter of 2017. “Ampco-Pittsburgh Corporation is in a period of growth. The decision to suspend the dividend is an effort to deliver value to shareholders by preserving liquidity for investments in that growth, including working capital, capital expenditures and acquisitions, and for the repayment of debt,” sai

Stainless steel wire rods are manufactured by hot rolling billets on continuous rolling mills. They are wound up in coils and have a round cross-section. Stainless steel wire rods have high tensile strength and are used in various industrial applications such as reinforcing materials for tires and conveyor belts. Stainless steel wire rods are manufactured by hot rolling billets on continuous rolling mills. They are wound up in coils and have a round cross-section. Stainless steel wire rods ha