Press Releases

The "U.S. Rolled Steel Shape Market - Analysis And Forecast to 2025" report has been added to Research and Markets' offering. The report provides an in-depth analysis of the U.S. rolled steel shape 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 locat

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Ampco-Pittsburgh Corporation will hold a conference call on Tuesday, August 8, 2017, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 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. Callers w

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ArcelorMittal has today announced the publication of second quarter and first half 2017 Ebitda sell-side analysts’ consensus figure. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus). To arrive at the consensus figure below, Vuma Consensus has aggregated the expectations of sell-side analysts who, to the best o

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Sintavia, LLC, the global independent leader for metal Additive Manufacturing (AM) services, announced today that it had broadened its printing capabilities through the acquisition of a larger scale EOS M400 system. The new machine, which will be operational in September, represents the first larger envelope laser printer purchased by Sintavia. With a build volume of 400mm x 400mm x 400mm, the EOS M400 allows for more flexibility in customer build requirements and is based on EOS’s robu

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Nucor Corporation announced today consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017. By comparison, Nucor reported net earnings of $356.9 million, or $1.11 per diluted share, for the first quarter of 2017 and net earnings of $243.6 million, or $0.76 per diluted share, for the second quarter of 2016. In the first half of 2017, Nucor reported consolidated net earnings of $679.9 million, or $2.11 per diluted share, compared with con

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NLMK Group, an international steelmaking company with operations in Russia, the USA and the European Union, is upgrading hot-rolled steel production at the Lipetsk site: the plan is to install a new walking-beam reheating furnace to streamline the slab heating process. The new furnace will replace the outdated pusher-type furnaces currently operational at the facility. The new furnace (No.2) with a capacity of 320 tonnes/hour (about 2.25 million tonnes per year) will boost the produ

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Steel Dynamics, Inc. today announced second quarter 2017 financial results.  The company reported second quarter 2017 net income of $154 million, or $0.63 per diluted share, with net sales of $2.4 billion.  Comparatively, prior year second quarter net income was $142 million, or $0.58 per diluted share, with net sales of $2.0 billion.  Sequential first quarter 2017 net income was $201 million, or $0.82 per diluted share, with net sales of $2.4 billion. "The team

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Taseko Mines Limited is updating the operating status of Gibraltar. Due to uncontrolled wildfires in the Cariboo, an evacuation order has been issued for Williams Lake and a number of other smaller communities in the region. This has impacted our employees' ability to travel to the mine and Gibraltar has now been temporarily idled. It is unclear when milling and mining operations will recommence. There are no fires in the immediate area of Gibraltar which pose any threat to the

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TimkenSteel Corp. will release its 2017 second-quarter financial results on Monday, July 31, after the market closes on the New York Stock Exchange. The company will host a conference call at 9 a.m. EDT on Tuesday, Aug. 1, to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at investors.timkensteel.com. TimkenSteel Earnings Call Information:

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Ampco-Pittsburgh Corporation announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), will raise prices on forged and cast engineered products that it and its subsidiaries produce globally. These subsidiaries include the acquired companies formerly comprising the Åkers Group (“Åkers”). This increase is effective August 1, 2017, or as relevant contract terms permit. The price adjustments are driven by increasi

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