Press Releases
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.
Read more...Research and Markets has announced the addition of the "Automotive Stainless Steel Tube Market Analysis By Product, By Region And Segment Forecasts, 2013 - 2024" report to their offering. The global automotive stainless steel tube market is projected to reach USD 4.72 million by 2024, according to this new report. Growing automotive industry is projected to be the biggest driver of this market over the forecast
Read more...13 January 2017
The Steel and Iron space is a basis for the development of a number of industries in the global economy including the defense industry, transportation and heavy engineering, and energy and construction. The segment is also closely related to the chemical and light industries. For today, Stock-Callers.com directs investors' attention to these four stocks: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corp. (NYSE: NUE), Worthington Industries Inc. (NYSE: WOR), and T
Read more...12 January 2017
Chinese steel market sentiment slumped in January ahead of the Lunar New Year holiday period at the end of the month, with expectations for long and flat steel product prices falling markedly, according to the latest S&P Global Platts China Steel Sentiment Index (CSSI), which showed a headline reading of 34.13 out of a possible 100 points. The January 2017 December CSSI dropped by 18.48 points from December's 52.62 on lower
Read more...11 January 2017
Commercial Metals Company (NYSE: CMC), announced that its wholly owned subsidiary, Owen Steel Company of South Carolina, has signed a definitive asset purchase agreement to acquire certain assets from OmniSource Corporation, a wholly owned subsidiary of Steel Dynamics, Inc., consisting of seven recycling facilities located in the southeast United States which are in close proximity to CMC's minimill in Cayce, South Carolina.
Read more...10 January 2017
Air Liquide (Paris:AI) and ArcelorMittal, the world's largest steel producer, have recently signed two long-term renewal contracts for the supply of oxygen, nitrogen and argon to ArcelorMittal’s production sites in the industrial port areas of Fos-sur-Mer and Dunkirk in France. Air Liquide also strengthens its position in Belgium in Ghent, by signing a new long-term supply contract with ArcelorMittal in order to support the growth of its industrial gas n
Read more...10 January 2017
GameChange Solar announced that it has signed a strategic supply agreement with one of the largest steel producers in the United States. This long term agreement for high grade galvanized steel provides GameChange Solar with a steady supply of domestically produced steel from one of the largest steel producers in the United States, helping GameChange to meet its growing need for material to service its customers in the rapidly expanding solar industry.
Read more...