Press Releases
7 February 2017
Fisher & Ludlow, Inc. announced today that it is acquiring the assets of Alabama Metal Industries Corporation's (AMICO's) bar grating facility located in Bourbonnais, Illinois, as well as the bar grating equipment and related inventory at three other AMICO locations. Fisher & Ludlow fabricates steel and aluminum bar grating products that are sold under the brand name Nucor Grating. "This acquisition is an i
Read more...6 February 2017
Research and Markets has announced the addition of the "Global Stainless Steel Market Analysis & Trends - Industry Forecast to 2025" report to their offering. The Global Stainless Steel Market is poised to grow at a CAGR of around 6.3% from 2015 to 2025. Some of the prominent trends that the market is witnessing include increasing diffusion of stainless steel round bars i
Read more...6 February 2017
Research and Markets has announced the addition of the "U.S. Iron, Steel And Ferroalloy Market - Analysis And Forecast to 2020" report to their offering. The report provides an in-depth analysis of the U.S. iron, steel and ferroalloy market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report con
Read more...3 February 2017
Commercial Metals Company (NYSE: CMC) today announced that the company will construct a highly automated steel fence post manufacturing facility on the site of its new micro mill in Durant, Oklahoma. This location will enhance CMC's position as the leading supplier of fence post products in the U.S. market and expand the company's national footprint of post manufacturing. CMC will continue to operate its existing post manufacturing facilities in Cayce, Sou
Read more...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
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