Press Releases

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract to supply and install a replacement boiler for ArcelorMittal Dofasco’s Hamilton, Ontario, steel manufacturing plant.  B&W will supply a TSSG® boiler capable of providing 450,000 pounds-per-hour of steam for generating 20 megawatts of electricity. The eff

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This morning, Stock-Callers.com navigates the Steel and Iron industry to see how some equities have fared over the previous trading sessions. Under evaluation today are: United States Steel Corp. (NYSE: X), AK Steel Holding Corp. (NYSE: AKS), ArcelorMittal (NYSE: MT), and Gerdau S.A. (NYSE: GGB). According to a recent report by BMI Research, China will produce 825 million metric tons of crude steel in 2017, a 0.5 percentage point increase from 2016. However, the c

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Pragun Jindal Khaitan, MD of Jindal Aluminium Ltd (JAL), the largest aluminium extruder in India, has recently announced his plan to invest in AI focused start-ups. JAL has always been at the cutting edge of technology since its inception in the year 1968. Over the past two years, the positive upsurge in start-ups focussed on AI based technology has encouraged JAL to fund start-ups focussed on developing technologies that automate and improve the efficiency of man

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Research and Markets has announced the addition of the "China Metals and Minerals Directory 2017" directory to their offering. The pace of change in the Chinese metals, steel and minerals industry is far greater than the global industry average. As the world's biggest consumer and producer of many metals, the Chinese market is more important than ever to the global industry. Th

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Today, January 4, 2017, the board of directors of Commercial Metals Company (NYSE:   CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per share of CMC common stock. The dividend is payable to stockholders of record as of the close of business on January 17, 2017. The dividend will be paid on February 1, 2017. This cash dividend reflects CMC's 209th consecutive quarterly dividend.

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Sandvik, a world-leading developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials has achieved ISO 50001:2011 for its energy management system (EnMS) at Sandvik Chomutov Precision Tubes spol.s.r.o, a production facility based in Chomutov, Czech Republic. During September and October, the Sandvik Chomutov Precision Tubes production site which manufactures umbilical tubes,

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Alcoa Corporation (NYSE: AA) today announced that it intends to permanently close the Suralco alumina refinery and bauxite mines in Suriname, fully curtailed since November 2015. The Government of the Republic of Suriname and Alcoa continue to develop definitive agreements concerning Suralco’s remaining activities in the country and the future of the bauxite industry in Suriname. Pending completion of those agreements, Alcoa will continue to operate the Afob

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Research and Markets has announced the addition of the "Stainless Steel Forgings Market Size And Forecast By Product, By Application, By Region And Trend Analysis From 2013 To 2024" report to their offering.  The global stainless steel forgings market is expected to reach USD 13.57 billion by 2024. Positive energy and construction industry outlook is expected to boost the market growth of stainless steel forgings

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Alloy Steel International, Inc. (OTC: AYSI) advises that its 2016 Annual Financial Statements are now available on www.otcmarkets.com website by searching for AYSI then choosing "Filings and Disclosure." About Alloy Steel Alloy Steel manufactures and distributes Arcoplate, a technically superior and market leading 'alloy overlay' wear plate, servicing the g

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Black Diamond Capital Management, L.L.C. ("Black Diamond") announced today that KYOEI STEEL, LTD.("Kyoei") has acquired the Vinton, TX steelmaking and finishing operations of the Bayou Steel Group from Black Diamond's BDCM Opportunity Fund IV. The Vinton facility, located near El Paso, TX, is a leading producer of rebar for the construction industry and grinding media for the mining industry. "We ha

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