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The latest news on companies processing and distributing steel products.
Latest News
Steel Technologies Reports Record 3rd Quarter Results
20 July 2004 - Steel Technologies Inc. reported record net income of $10.5 million on record sales of $232.0 million for the third quarter, and record net income of $19.8 million on record sales of $547.7 million for the nine months ended June 30, 2004.
Metals USA Reports Record Second Quarter Results
20 July 2004 - Metals USA, Inc. announced net income of $33.7 million on net sales of $383.6 million and net income of $52.2 million on net sales of $702.8 million for the three and six months, respectively, ended June 30, 2004.
Reliance Reports Best-Ever 2nd Quarter
16 July 2004 - Reliance Steel & Aluminum Co. reported record net income of $52.8 million on record sales of $760.8 million for the quarter and record net income of $82.6 million on record sales of $1.42 billion for the six months ended June 30, 2004. Results represent best-ever financial results for three and six-months periods.
Steel Technologies Added to Russell 2000 Index
07 July 2004 - Steel Technologies Inc. announced that it has been added to the Russell 2000 Index(R) as part of the annual reconstitution of that index.
Gibraltar Increases 2nd Quarter Earnings Expectations
29 June 2004 - Gibraltar is raising its second-quarter earnings estimate. Gibraltar also said that it expects that its second-quarter sales, net income, and earnings per share will all be the highest of any quarter in the company's history.
Steel Technologies Raises Third Quarter Expectations
28 June 2004 - Steel Technologies Inc. expects its results for the third fiscal quarter to reflect continued substantial increases in volume through its operations.
Reliance Updates Outlook, Announces Business Expansions
25 June 2004 - Reliance Steel & Aluminum Co. is updating its guidance regarding the company's earnings estimates for the second quarter ended June 30, 2004.
Ryerson Tull Declares Dividends
24 June 2004 - The Board of Directors of Ryerson Tull, Inc. declared cash dividends of 5 cents per share on the company's common stock and 60 cents per share on its Series A $2.40 Cumulative Convertible Preferred Stock.
Russel Metals Adjusts 2nd Quarter Earnings Outlook
16 June 2004 - Russel Metals Inc. announced it expects second quarter earnings per share to be in the range of $0.85 to $1.00 per share, significantly exceeding previously provided earnings per share guidance of $0.50 to $0.65 per share.
Maverick Tube to Consolidate Republic Conduit Operations
15 June 2004 - Maverick Tube Corp. announced plans to consolidate the Republic Conduit operations into a state-of-the-art facility located in the Midwestern United States.
Avon Engineering to Supply Coil Packaging Line for Gibraltar
09 June 2004 - Gibraltar Strip Steel has selected Avon Engineering Limited to design, engineer, and build a new coil packaging system to complement and support the present slitting operations at the company’s Cleveland (Cuyahoga Heights) Division.
ISG Announces Starting Lineup for Newly Acquired ISG Weirton
04 June 2004 - With the closing of the Weirton Steel Acquisition, ISG became North America’s largest integrated steel producer. Following the acquisition, ISG President Rodney Mott recently announced the reassignment of several members of the current ISG management team and appointment of several new members.
EMJ Reports Fiscal 2004 Results
27 May 2004 -
Olympic Steel Reports Record 1st Quarter Results
30 April 2004 -
Russel Metals 1st Quarter Earnings Exceed Expectations
28 April 2004 -
Maverick Tube Announces Pending Acquisition of Texas Arai
22 April 2004 -
Maverick Tube Reports Record 1st Quarter Results
21 April 2004 -
Steel Technologies Reports Record Sales and Net Income
19 April 2004 -
Metals USA Achieves Record 1st Quarter Profit
19 April 2004 -
ITC Votes to Continue Welded Line Pipe Cases
17 April 2004 -
