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

WL Ross & Co. LLC ("WLR"), Hwabao Investment Corp., the investment arm of China Baowu Steel Group,  ("Baowu"), U.S.-China Green Fund and China Merchants Finance Holdings Co., Ltd. today announced that they have signed a framework agreement to form a joint venture for the purpose of establishing an investment vehicle to acquire steel industry assets in China.  The venture brings together the complementary backgrounds and experience

The new research portal will provide visitors with the opportunity to browse a comprehensive collection of company reports on Nippon Steel & Sumitomo Metal, as well as in-depth market research and analysis of their activities in the global steel industry.  The Global Stainless Steel Market report has identified the company as a leading player in the market. The market is poised to grow at a CAGR of around 6.3% from 201

Steel Dynamics, Inc.one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2017 financial results after market close on Wednesday, April 19, 2017. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, April 20, 2017 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Finan

TimkenSteel Corp. will release its 2017 first-quarter financial results on Thursday, April 27, after the market closes on the New York Stock Exchange. The company will host a conference call at 9 a.m. EDT on Friday, April 28, 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 E