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Latest News

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.

Outokumpu: Jan Hofmann Appointed President, APAC and Member of ohe Outokumpu Leadership Team

05 May 2015 - Jan Hofmann has been appointed President of the APAC business area and member of the Outokumpu Leadership Team effective 29 April 2015.

Yakov Gordon Presents the Howe Memorial Lecture at AISTech 2015

04 May 2015 - The Howe Memorial Lecture was the opening session at AISTech 2015 in Cleveland, Ohio, USA.

Quaker Chemical Spotlights its Fire Resistant Hydraulic Fluids, Specialty Grease Solutions, and Industry Speakers

04 May 2015 - In high temperature environments, such as steel mills, fires can spontaneously happen with an increased frequency due to the widespread use of highly flammable mineral-oil based products.

Salzgitter-Group Announces Strong First Quarter of 2015

04 May 2015 - In the first quarter of the financial year 2015 the Salzgitter Group generated external sales of € 2.3 billion, reflecting a stable performance over the previous quarter, and posted a pre-tax profit of € 51.8 Mio. (first quarter of 2014: € –8.7 million).

Ace World Companies Raises Profile on Social Media

04 May 2015 - Ace World Companies will support its high profile marketing and advertising strategy with a revitalized social media presence having relaunched Twitter, Facebook and LinkedIn accounts in advance of publication of the crane and hoist manufacturer’s first blog later this month (April).

Universal Stainless Reports First Quarter 2015 Results in Line With Preliminary Forecast

01 May 2015 - • Net Sales are $56.0 Million - Highest in 10 Quarters • Premium Alloy Sales Reach Record 9% of Total Sales • Gross Margin and Operating Income Reduced by Effect of Commodity Price Drop on Surcharges • Net Income Totals $0.1 Million, or $0.02 per Diluted Share • Quarter-End Backlog Is $58.5 Million

MRC Global Elects Barbara Duganier to the Board of Directors

01 May 2015 - MRC Global Inc. announced 29 April 2015 that Barbara J. Duganier has joined MRC Global's Board of Directors.

Konecranes PLC - Interim Report January–March 2015

01 May 2015 - Strong order intake, service result continued to improve,equipment result weak.

Outokumpu Reports EUR 2 Million Underlying EBIT for the First Quarter of 2015

01 May 2015 - Outokumpu reported underlying EBIT of EUR 2 million versus EUR -9 million in the fourth quarter of 2014. The improvement in profitability was driven by higher volumes and steady performance in Coil EMEA, whereas Coil Americas’ performance was disappointing.

United States Steel Corporation Reports 2015 First Quarter Results

01 May 2015 - -- Net loss of $75 million, or $0.52 per diluted share; Adjusted net loss of $10 million, or $0.07 per diluted share -- Adjusted EBITDA of $110 million -- Operating cash flow of $136 million -- Total liquidity of $2.8 billion, including $1.3 billion of cash -- Updated full-year 2015 outlook to adjusted EBIT of $115 million to $315 million and adjusted EBITDA of $700 million to $900 million

Ovako Releases Interim Report for First Quarter 2015

30 April 2015 - • The quarter began with weak order intake, which gradually improved. Order intake was 10 percent lower than in the strong first quarter of 2014 • Sales volumes were impacted by the weak order intake at the end of last year and decreased by 8 percent compared with the first quarter of 2014. An improved sales mix limited the decrease in revenue to 7 percent • Operating profit before depreciation and amortisation (EBITDA) amounted to EUR 27 (30) million and operating profit (EBIT) amounted to EUR 17 (18) million • Cash flows from operating activities amounted to EUR -5 (5) million • Steel and metals distributor Ovako Metals Oy Ab (formerly Tibnor Oy) in Finland was acquired on March 31 which has lead to a 3 MEUR positive one-off effect on operating profit

Mechel Reports 2014 Operational Results

30 April 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced its 2014 operational results.

Cliffs Natural Resources Inc. Reports First-Quarter 2015 Results

30 April 2015 - Cliffs Natural Resources Inc. reported its first-quarter results for the period ended March 31, 2015.

AK Steel Reports Financial Results for First Quarter of 2015

30 April 2015 - AK Steel reported its financial results for the first quarter of 2015 on 28 April 2015..

Stainless Tube Imports From Asia Continue Massive Surge

30 April 2015 - Imports of seamless stainless steel tube from China and Japan continue to surge into the United States market at a rapid pace, according to the Stainless Steel Tube Trade Advancement Committee (SSTTAC).

Usiminas Releases 1Q15 Results

29 April 2015 - The main operational and financial indicators were: • Steel sales volume of 1.3 million tons; • Iron ore sales volume of 1.1 million tons; • Consolidated Adjusted EBITDA of R$379.5 million and Adjusted EBITDA Margin of 14%; • Working Capital on 03/31/15 of R$2.7 billion; • Investments of R$232.3 million.

Synalloy Reports 16% Adjusted EBITDA Gain for the First Quarter of 2015

29 April 2015 - Synalloy Corp., a growth-oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, announced that the first quarter of 2015 produced net sales of $51,648,000, an increase of $1,852,000 or 4% when compared to net sales from continuing operations for the first quarter of 2014 of $49,796,000. For the first quarter of 2015 the Company recorded net income of $3,638,000, or $0.42 per share compared to net income from continuing operations of $2,249,000, or $0.26 per share for the same quarter in the prior year.

ArcelorMittal Publishes 2014 Annual Review and Fact Book

29 April 2015 - ArcelorMittal, the world’s leading steel and mining company, has published its 2014 annual review and fact book on a dedicated website.

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