The U.S. International Trade Commission (ITC) today issued a unanimous determination that the U.S. industry has been materially injured by unfairly traded imports of stainless steel sheet and strip from China.  As a result, unfair trade orders will be issued by the U.S. Department of Commerce in the coming days imposing antidumping duties on imports from China ranging from 63.86 to 76.64 percent and countervailing duties ranging from 75.60 to 190.71 percent.

Synalloy Corporation today announced that its subsidiary Bristol Metals, LLC, has closed on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations.  The purchase price for the transaction of $14.95 million includes primarily the stainless steel pipe and tube manufacturing equipment and inventory assets of the business. The combined business will operate as Bristol Metals, LLC, with facilities in B

Ternium S.A.today announced its plans to build a hot-dip galvanizing line and a pre-painting line in its facility in Pesquería, Mexico. The new lines will target Mexico’s industrial markets, deepening the company’s import substitution strategy. Ternium’s new hot-dip galvanizing and pre-painting lines will have annual production capacity of 300,000 and 120,000 metric tons, respectively. With a total inve

Nucor Corporation announced today that it has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Limited. Omega Joist produces open web steel joists at its manufacturing facility located in Nisku, Alberta, and also has sales offices in western British Columbia and southern Alberta. "We are excited to grow our joist and decking business in Canada with the acquisition of Omega Joist. This acquisition

United States Steel Corporation today announced that David B. Burritt, who currently serves as executive vice president and chief financial officer, has been elected president and chief operating officer.  Mario Longhi, who has served as president and chief executive officer since September 2013, will remain U. S. Steel's CEO and continue to serve on the Board of Directors.  The changes are effective today. In his

Synalloy Corporation, plans to announce its fourth quarter 2016 earnings results in a press release that will be issued before the market opens on Tuesday, March 14, 2017. Following the earnings release, Synalloy will conduct a conference call and webcast at 09:00 AM ET to discuss the earnings results. Interested parties may listen to this discussion by calling 1-(877) 303-6648; Conference ID code 77325009. The conference call will be webcast live through Synalloy

ArcelorMittal has today filed its Annual Report 2016 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available on ArcelorMittal's website http://corporate.arcelormittal.com under SEC filings. About ArcelorMittal ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to

Tree Island Steel Ltd. ("Tree Island" or the "Company")announced today its financial results for the three and twelve?month periods ended December 31, 2016. For the three?month period ended December 31, 2016, revenues were $45.9 million versus $54.3 million during the corresponding period in 2015, a decline of 15.4%. Gross profit for the three months was $5.3 million versus $5.9 million during the corresponding

Research and Markets has announced the addition of the "EU: Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Report - Analysis And Forecast To 2025" report to their offering. The report provides an in-depth analysis of the EU market for Flat-Rolled Products Of Iron Or Non-Alloy Steel. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnove

Research and Markets has announced the addition of the "EU: Bars And Rods Of Iron Or Steel (Hot-Rolled) - Market Report - Analysis And Forecast To 2025" report to their offering.  The report provides an in-depth analysis of the EU market for Bars And Rods Of Iron Or Steel (Hot-Rolled). It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover