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

Jim Howe appointed as Vice President of Strategic Sales and Business Development We are excited to announce that Jim Howe will assume the role of Vice President of Strategic Sales and Business Development. Jim, a 40-year industry veteran, returned to Bayou Steel Group in 2016 after previously leading our sales organization from 2003 to 2008. Since his return in 2016 Jim has led our efforts to increase our sales and service of our diverse customer base in 49 states,

The report Global Steel Grating Market by Manufacturers, Countries, Type and Application, Forecast to 2022 has covered and analysed the potential of Global Steel Grating Market and provides information on market size, shares and growth drivers. The report intends to provide help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Steel Grating marke

Research and Markets has announced the addition of the "United States Of America: Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Report - Analysis And Forecast To 2025" report to their offering. The report provides an in-depth analysis of the market for Flat-Rolled Products Of Iron Or Non-Alloy Steel in the United States of America. It presents the latest data of the market size, consumption, domestic production, exports and imports, price dynamics and trends in