On Mar 24, we issued an updated research report on Reliance Steel & Aluminum Co. RS.Reliance Steel has outperformed the Zacks categorized Metal-Products Distribution industry over a year as it is gaining from continued strength across aerospace and automotive markets and synergies of acquisitions. The company's shares gained 14.6% over this period while the industry saw a decline of 29.2%. Reliance Steel’s earning

Clinch-On Cornerbead Company, a leading provider of professional grade cornerbead products and steel coating services, has retained B. Riley & Co., LLC, a leading investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), as its financial advisor to provide buy-side advisory services in accordance with the company’s plan to grow its presence in North America. Orange, CA-based Clinch-On, a

Cliffs Natural Resources Inc announced today the expiration of and final results for its previously announced offers to purchase for cash (each offer a "Tender Offer" and collectively, the "Tender Offers") up to the maximum aggregate principal amount of its outstanding 5.90% Senior Notes due March 2020 (the "March 2020 Notes"), 4.80% Senior Notes due October 2020 (the "October 2020 Notes") and 4.875% Senior Notes due April 2

Commercial Metals Company (CMC) today announced financial results for its second quarter ended February 28, 2017. Net earnings for the second quarter of fiscal 2017 were $30.3 million ($0.26 per diluted share) on net sales of $1.1 billion. This compares to net earnings of $10.5 million ($0.09 per diluted share) on net sales of $1.0 billion for the second quarter of fiscal 2016.  Results for the second quarter of fiscal 2016 included an after-tax impact of deb

The global outlook report “Ferroalloy Market Size By Product (Ferrochrome, Ferromanganese, Ferrosilicon), By Application (Carbon Steel, Alloy Steel, Stainless Steel), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market

Yesterday, a sharp and sudden sell-off for U.S financial stocks led the S&P 500 to decline more than 1% for the first time since Oct 2016. The S&P 500 financial sector sub-index was down 1.6%, marking its biggest single-session decline since mid-January as uncertainty over Donald Trump’s economic policies and the outlook for interest rates cast a shadow over the Wall Street. The Dow Jones Industrial Average lost 2

Global Prestressed Crude Steel Bars Market 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Prestressed Crude Steel Bars market is available in the report.

Two newly formed companies taking disruptive aim at established industries, Arkansas's Big River Steel and Noodle.ai, a San Francisco-based Enterprise Artificial Intelligence company, announced a contract to implement Enterprise AI to optimize operations at Big River Steel’s recently completed $1.3 billion scrap metal recycling and steel production facility in Osceola, Arkansas. Big River Steel is the world’s fi

Steel Dynamics, Inc. today provided first quarter 2017 earnings guidance in the range of $0.77 to $0.81 per diluted share, compared to prior year first quarter earnings of $0.26 per diluted share and sequential fourth quarter 2016 earnings of $0.08 per diluted share, which included non-cash goodwill and asset impairment charges of $0.31 per diluted share and debt refinancing and repayment charges of $0.04 per diluted share.  Excluding these items, the company

Steel Partners Holdings L.P., a diversified global holding company, today announced that it will host a live webcast of its investor day on Tuesday, March 28, 2017 beginning at approximately 12:15 p.m. E.T. The webcast can be accessed through a link on the “Investor Events” page on Steel Partners’ website at www.steelpartners.com. A replay of the event will also be available on the company’s website for