Cliffs Natural Resources Inc. will ring The Closing Bell at the New York Stock Exchange today, May 1, 2017. Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer, the company's board of directors and executive management team will participate in the event to celebrate the company's 170th year anniversary. Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer, said, &qu

The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on May 22, 2017, to shareholders of record on May 8, 2017. Schnitzer has paid a dividend every quarter since going public in November 1993. About Schnitzer Steel Industries, Inc. Schnitzer Steel Industries, Inc. is one of the largest manufac

According to a new report published by Allied Market Research titled, "Superalloys Market: Global Opportunity Analysis and Industry Forecast, 2014-2022," the global market was valued at $3,727 million in 2015, and is estimated to reach $7,150 million by 2022, growing at a CAGR of 9.5% from 2016 to 2022. In 2015, nickel-based segment held more than half share of the total market. Superalloys are the group of alloys, which

TimkenSteel (timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $309.4 million and a net loss of $5.3 million or minus 12 cents per share.  This compares with net sales of $217.9 million and a net loss of $9.7 million or minus 22 cents per share in the same quarter last year, and net sales of $214.7 million and a net loss of $67.0 million or minus $1.52 per share in the fourth quarter of 2016. A

United States Steel Corporation announced today that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable June 9, 2017, to stockholders of record at the close of business May 10, 2017. United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Centra

The global ferrosilicon market is anticipated to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for ferrosilicon in steel and casting industry is expected to drive demand over the forecast period. Growing demand for the product as an inoculant in the casting industry is expected to drive demand over the forecast years. In addition, the increasing utilization of the product

Ampco-Pittsburgh Corporation will hold a conference call on Tuesday, May 9, 2017, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2017. If you would like to participate in the conference call, please register using the link below or by dialing 1-866-777-2509 at least five minutes before the 10:30 a.m. ET start time. We encourage participants t

Nucor Corporation (NUE) announced today consolidated net earnings of $356.9 million, or $1.11 per diluted share, for the first quarter of 2017. By comparison, Nucor reported net earnings of $159.6 million, or $0.50 per diluted share, for the fourth quarter of 2016 and net earnings of $87.6 million, or $0.27 per diluted share, for the first quarter of 2016. Earnings (loss) before income taxes and noncontrolling interests by segm

Optima Specialty Steel, Inc. (together with its subsidiaries, collectively the “Company” or “OSS”) today announced that it has entered into a Plan Support Agreement (the “Agreement”) with Optima Acquisitions, LLC (“OA”), the sole shareholder of OSS. The Agreement contemplates that the Company will emerge from Chapter 11 by the end of July 2017 through a confirmed plan of reorganization that will pay all allowed claim

Steel Dynamics, Inc. today announced first quarter 2017 financial results.  The company reported first quarter 2017 net income of $201 million, or $0.82 per diluted share, with net sales of $2.4 billion.  Comparatively, prior year first quarter net income was $63 million, or $0.26 per diluted share, with net sales of $1.7 billion.  Sequential fourth quarter 2016 net income was $20 million, or $0.08 per diluted share, which included non-cash goodwill