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Latest News

TimkenSteel Holds Annual Meeting of Shareholders; Declares Fourth Consecutive Quarterly Dividend

12 May 2015 - TimkenSteel, a leader in customized alloy steel products and services, today held its first annual meeting of shareholders, where shareholders elected three board members to three-year terms: Joseph A. Carrabba, retired chairman, president and CEO of Cliffs Natural Resources, Inc.; Phillip R. Cox, president and CEO of Cox Financial Corp.; and John P. Reilly, retired chairman, president and CEO of Figgie International.

ArcelorMittal Reports Results for the First Quarter of 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

ArcelorMittal Europe Reports Operating Profit of €281 Million for Q1 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

EUROFER Calls for a Timely and Effective EU Trade Policy -- EU Imports Surge Forced Closures of Stainless Steel Drawn Wires Producers

11 May 2015 - In line with the modest European economic recovery, the stainless steel long products demand in Europe recorded a slight improvement in 2014. However, imports from third countries benefited most from the increase in apparent consumption.

2015 International Student Competition on Cold-Formed Steel Design Kicks Off

11 May 2015 - The American Iron and Steel Institute (AISI) and the Cold-Formed Steel Engineers Institute (CFSEI) are joining the National Science Foundation (NSF); the American Society of Civil Engineers, Committee of Cold-Formed Members; and the University of North Texas as co-sponsors of the fifth International Student Competition on Cold-Formed Steel Design. Cold-formed steel refers to products made by rolling or pressing thin gauges of sheet steel into products. The competition will conclude on September 30, 2015.

George J. Koenig, President, Berry Metal Company, Appointed AIST President for 2015-2016

08 May 2015 - George J. Koenig, president, Berry Metal Company, Harmony, Pa., USA, has been appointed president of the Association for Iron & Steel Technology (AIST) for 2015–2016.

Mario Longhi Named Steelmaker of the Year at AISTech 2015

08 May 2015 - Other Industry Leaders Recognized for Significant Contributions to AIST and the Global Iron and Steel Industry

AIST Announces T.C. Graham Prize Semi-Finalists

08 May 2015 - The Association for Iron & Steel Technology (AIST) selection committee has chosen 10 semi-finalists for the T.C. Graham Prize.

Olympic Steel Names James V. Beebe General Manager of North Carolina Operation

08 May 2015 - Olympic Steel Inc., a leading national metals service center, announced James V. Beebe has been hired as General Manager of the Company's operation in Siler City, North Carolina.

Launch of ‘Introduction to Steel’ Online Course on edX

07 May 2015 - The World Steel Association (worldsteel) announces the launch of the Massive Open Online Course (MOOC) ‘Introduction to Steel’. The course, developed by TenarisUniversity together with steeluniversity, aims to provide students with an understanding of the history, science, technology and uses of steel by society. The course starts on 2 June 2015 and registration is now open.

ANDRITZ GROUP: Results for the First Quarter of 2015

07 May 2015 - International technology Group ANDRITZ recorded a solid business development in the first quarter of 2015.

Praxair Reports First-Quarter 2015 Results

07 May 2015 - • Sales of $2.8 billion, EPS of $1.43 • EBITDA and operating margins grew to 33.0% and 22.6%, respectively* • Signed two long-term agreements to expand U.S. Gulf Coast and Southern China production networks for petrochemical customers; supply systems to start-up 2017 • $0.4 billion returned to shareholders through dividends and net share repurchases; diluted shares 2% below prior-year quarter • Return on capital 12.6%; return on equity 29.6%* • Full-year 2015 EPS guidance of $5.90 to $6.15, up 4% to 8% year-over-year, ex-FX* and 2Q15 $1.40 to $1.48

AK Steel's Coshocton Works Recognized For Outstanding Safety Performance

07 May 2015 - AK Steel's Coshocton (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Coshocton County Safety Council and Chamber of Commerce.

MRC Global Announces First Quarter 2015 Results

07 May 2015 - - Sales of $1.292 billion - Net income of $29 million - Diluted EPS of $0.28 per share - Adjusted EBITDA of $87 million

ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks

06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.

ABB Reports Solid 1Q Growth in a Mixed Market

06 May 2015 - First-quarter highlights: -15% order growth1, revenues return to growth at +3% -Operational EBITA margin2 steady -Net income up 4% -Increased cash from operations -Financials impacted by currency translation due to strong appreciation of US dollar -Continued progress on Power Systems ‘step change’ program -Next Level strategy: Collaboration drives large combined power and automation orders

Valmont Coatings Division Wins the Prestigious "Lifetime Achievement Award" in Hot-Dip Galvanizing

06 May 2015 - At its recent Annual Meeting, the American Galvanizing Association (AGA) awarded Valmont's Coatings Division top honors in four Excellence Categories associated with the hot-dip galvanizing process. More than 100 projects from galvanizers from around the world were submitted to a panel of architects and engineers to be judged in 14 Categories.

Schnitzer Board Announces a New Independent Director

06 May 2015 - On 29 April 2015, Schnitzer Steel Industries, Inc. announced the election of Michael W. Sutherlin to its Board of Directors.

Grupo Simec Announces Results of Operations for the First Quarter of 2015, Ended March 31, 2015

06 May 2015 - Grupo Simec, S.A.B. de C.V. announced its results of operations for the three-month period ended March 31, 2015.

TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15

05 May 2015 - - Net sales of $388.7 million is flat to prior-year quarter. - Reported earnings per share of $0.15, a 76.1 percent decrease over adjusted(1) prior-year quarter. - Paid quarterly dividend of $0.14 per share. - Opened advanced technology center in Canton, Ohio.

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