Press Releases
2 February 2017
Big River Steel today announced that it has established a new production record in terms of tons of steel produced by a SMS group supplied flat-rolled mini mill during the first full month of operation. With over 63,000 tons of hot rolled steel produced in January, Big River Steel's first full month of production, Big River Steel topped the previous first month production record according to data maintained by SMS group, Big River Steel's lead techno
Read more...1 February 2017
United States Steel Corp. X just released its fourth quarter fiscal 2016 financial results, posting earnings, before non-recurring items, of 27 cents per share and revenues of $2.65 billion. Currently, X is a Zacks Rank #1 (Strong Buy), and is down 0.40% to $32.72 per share in trading shortly after its earnings report was released. Beat earnings estimates. The company posted earnings of 27 cent
Read more...31 January 2017
Indaba remains the largest mining event in Africa The Investing in African Mining Indaba, or Mining Indaba, is dedicated to the successful capitalisation and development of mining interests in Africa. Having run for over 20 years in Cape Town, the event brings together investors, mining companies, governments and other stakeholders from around the world. (Logo:http://photos.
Read more...31 January 2017
In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host John Ferriola, Chairman, Chief Executive Officer and President. The event will be available on the Internet on Tuesday, January 31, 2017, at 2 p.m. Eastern Time. What: Nucor's Fourth Quart
Read more...27 January 2017
The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on February 21, 2017, to shareholders of record on February 6, 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 manufacturers and exporters of recycled metal products in the United States with ope
Read more...27 January 2017
Steel companies will look to benefit from the recent executive orders signed by President Trump to revive the Keystone XL and Dakota Access pipelines. President Trump has stated that he wants companies working on the pipeline to use American steel "like we used in the old days". Additionally, U.S. Steel CEO Mario Longhi was one of the members of the manufacturing council who met with President Trump on Monday. Register wi
Read more...20 January 2017
Insteel Industries, Inc. today announced financial results for its first quarter ended December 31, 2016. First Quarter 2017 Results Net earnings for the first quarter of fiscal 2017 decreased to $4.5 million, or $0.23 per share, from $6.7 million, or $0.36 per share, in the same period a year ago. Net sales increased 1.6% to $93.9 million from $92.4 million in the prior year quar
Read more...19 January 2017
The global automotive stainless steel tube market is projected to reach USD 4.72 million by 2024, according to a new report by Grand View Research, Inc. Growing automotive industry is projected to be the biggest driver of this market over the forecast period. The market is segmented on the basis of product into welded and seamless. Advantages such as high strength, resistance to shocks due to collisions and high energy absorpti
Read more...18 January 2017
The founders of RDR Steel Sales, a company that provides new and used industrial bins, shipping containers and baskets, are pleased to announce that they are now in the market to buy surplus steel, stainless steel and aluminum plates, steel beams and containers from North American sources. To learn more about RDR Steel Sales and check out their impressive inventory of solid steel bins, mesh baskets, drop bottom bins and more, p
Read more...Research and Markets has announced the addition of the "China Metals, Minerals & Steel Companies Database 2017" directory to their offering. The Chinese metals, minerals and steel industries are continuing to grow beyond what most believed was possible. As one of the world's fastest growing economies, China has become one of the world's largest market for metals, minerals & steel products.
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