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4 hrs ago | Metal Center News
Republic Engineered Products has acquired two facilities from BCS Industries Inc. The Canton, Ohio-based steelmaker has acquired a heat treatment facility in Cleveland and a cold-drawn steel bar processor in Memphis, Tenn.
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Sources close to the development said the facility would be a win-win proposition for both Steel Authority of India and KIOCL, formerly known as Kudremukh Iron Ore Company.
Worthington Industries Inc., Columbus, Ohio, reported net earnings of $51.9 million for its fiscal fourth quarter, contributing heavily toward a profitable year.
Reliance Steel & Aluminum Co., Los Angeles, saw third-quarter net income that was an improvement from the same period in 2010, but a step back from the second quarter of this year.
Since the recession and its dramatic effect on demand and pricing, service centers have been understandably gun-shy about buying steel.
Roger B. Sippey has retired from Feralloy Corp. after 42 years with the Chicago-based service center company.
Fair trade regulator CCI has approved stake purchase of Tata Group entities into auto component maker Varroc Engineering Pvt Ltd saying the deal will not have any 'adverse effect' on competition in the country.
Olympic Steel Director Howard Goldstein unloaded 2,000 shares of Olympic Steel stock in a transaction dated Thursday, March 6th.
Gerdau Ameristeel has entered into an agreement with Ameron International, Tokyo Steel and Mitsui & Co.
Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap.
China has been increasingly focusing on its environmental problems and reducing production in the coal-intensive steel industry has been a key goal.
Marubeni-Itochu Steel America Inc. and Worthington Industries Inc. have reached an agreement to combine ClarkWestern Building Systems and Dietrich Metal Framing in a newly formed joint venture.
Shares of Harsco saw an uptick in trading volume on Thursday following insider buying activity, Stock Ratings Network.com reports.
") the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. , today sent a letter to the Cliffs Board of Directors nominating six highly qualified director candidates for election to the Board at the 2014 Annual Meeting of shareholders scheduled for highlighted Cliffs' failed expansion strategy and loss of over 80% of the ... (more)
Other equities research analysts have also recently issued reports about the stock.
A spike in Japan's steel imports threatens to arrest a nascent recovery in domestic prices of the alloy and crimp profits at the nation's steelmakers, while offering other Asian producers opportunities to unload their surplus output.