Stelco, the name under which U. S. Steel Canada Inc. carries on business ("Stelco" or the "Company"), announces that it and Bedrock Industries Group LLC (Bedrock) have reached an agreement in principle (the "Agreement") with the Stelco salaried employees and retirees and certain others represented by court-appointed representatives and counsel (the"Stelco Salaried and Other Non-USW Group") regarding their support for Stelco&

Kobe Steel, Ltd. announces that it acquired Swedish company Quintus Technologies AB, the world leader in isostatic presses, from private shareholders led by U.S. private equity firm Milestone Partners on April 5. The purchase price was US$115 million (about 13 billion yen). Quintus is now a wholly owned subsidiary of Kobe Steel. Isostatic presses (IP) apply high pressure from all directions at high temperature or room temperatu

Today, United States Steel Corporation issued the following statement regarding the process release at U. S. Steel's Midwest Plant in Portage, Ind., on April 11 and subsequent facility restart. The company's statement follows: "The controlled, phased and highly monitored restart at our Midwest Plant, which began on Friday, April 14, is now complete.  At present, we have enc

Global Galvanized Steel Market 2017 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market. Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Galvanized Steel in these regions,

Steel Dynamics, Inc. today announced that, effective at 2:00 PM Eastern Daylight Time on Monday, April 17, 2017, the Securities Exchange Commission declared effective its previously filed Form S-4 Registration Statement for the exchange of up to $400.0 million aggregate principal amount of its newly issued 5.000% Senior Notes due 2026 (the "Exchange Notes"), that have now been registered under the Securities Act of 1933, as amended (the "Securities

TimkenSteel (timkensteel.com), a leader in customized alloy steel products and services, today reported that it expects first-quarter net sales of approximately $309 million on 280,000 ship tons and a net loss of approximately $5 million, as compared with fourth-quarter 2016 net sales of $215 million and a net loss of $67 million. The company expects EBITDA for the quarter to be approximately $17 million, which is lower than its original guidance.  TimkenStee

TimkenSteel has added another quality certification to its list of credentials, receiving its American Petroleum Institute (API) Q1 certification in March. In addition, API has granted the company a license to apply the API 5CT monogram / number on TimkenSteel's alloyed seamless mechanical tubing products that fully comply with the specification requirements defined in API 5CT. The certification, which is one of the most pr

Kloeckner Metals, one of the largest metals distribution and processing companies in the U.S. will be installing new PVD (Physical Vapor Deposition) processing equipment that will enable the coloring of Stainless Steel and certain Aluminum materials domestically. The equipment will be installed at the end of summer 2017 at Kloeckner's Cincinnati, Ohio site. Equipment capacities of the lines will be far broader than current opti

"Electrical steel market is projected to grow at a CAGR of 7.0%". The electrical steel market is projected to grow at a CAGR of 7.0% during the forecast period of 2016 to 2021, and reach USD 38.98 billion by 2021. Technological developments in the steel industry have resulted in improving the efficiency and effectiveness of steel products, along with reducing production and labor costs. The electrical steel market is

Hofmann Industries Inc announced Monday that it has completed a major investment in its Sinking Spring, PA based Zinc Plating Facility. This investment includes new control & conveyor systems, new surface preparation tanks, and improved chemical monitoring and feed systems to support the RoHS and CONEG compliant plating line. Originally conceived and installed to provide a protective and decorative brite zinc plated finish