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Friday | 17 March, 2017 | 8:00 am

Steel Dynamics Inc. Q1 EPS is expected to triple versus a year ago

March 17, 2017 - Steel Dynamics Inc. projects its first quarter 2017 earnings will be much higher than for the same 2016 period. Profitability within steelmaking operations is expected to meaningfully increase in comparison to fourth quarter, based on both higher shipments and metal spread expansion.

Thursday | 16 March, 2017 | 8:34 am

Nucor provides guidance for first quarter earnings

March 16, 2017 - Nucor Corp. says its expected improvement in earnings in the first quarter of 2017 compared to the fourth quarter of 2016 is primarily due to the performance of its sheet and plate mills.

Friday | 10 March, 2017 | 2:03 pm

USITC votes unanimously to extend trade orders on aluminum extrusions from China

March 10, 2017 - The Aluminum Extruders Council (AEC) commends the U.S. International Trade Commission (USITC) for their unanimous vote today to extend the existing antidumping and countervailing duties orders on aluminum extrusions from China.

Thursday | 09 March, 2017 | 9:27 am

U.S. aluminum industry files dumping action against China

March 9, 2017 - The Aluminum Association’s Trade Enforcement Working Group today filed antidumping and countervailing duty petitions charging that unfairly traded imports of certain aluminum foil from the People’s Republic of China are causing material injury to the domestic industry.  This action is part of the industry’s broad trade strategy to address Chinese overcapacity throughout the value chain.

Thursday | 09 March, 2017 | 9:18 am

The Material Works is now in production of EPS Generation 3 Technology

March 9, 2017 - The Material Works announced that on February 6, 2017, the most advanced EPS technology platform – the EPS Generation 3 Coil Line – processed its first coil at the TMW Technology Center in Red Bud, Illinois.

Thursday | 02 March, 2017 | 8:54 am

Nucor acquires the assets of Omega Joist

March 2, 2017 - Nucor Corp., Charlotte, North Carolina, acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co. Ltd. Omega Joist produces open web steel joists at its plant in Nisku, Alberta, and has sales offices in western British Columbia and southern Alberta.

Wednesday | 01 March, 2017 | 9:41 am

Synalloy Corp. closes on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations

March 1, 2017 - Synalloy Corporation today announced that its subsidiary Bristol Metals LLC, has closed on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations. The purchase price for the transaction of $14.95 million includes primarily the stainless steel pipe and tube manufacturing equipment and inventory assets of the business.

Wednesday | 01 March, 2017 | 9:21 am

TigerStop opens new office in Mexico

March 1, 2017 - Citing growth in sales and the potential for expanding into foreign markets, TigerStop has opened a new office in Mexico City and has hired Gregorio Aspeitia as the National Sales Manager for Mexico.

Tuesday | 28 February, 2017 | 11:50 am

AISI applauds confirmation of Wilbur Ross as Sec. of Commerce

February 28, 2017 - “Wilbur Ross’ clear focus on the challenges that the steel industry is facing, and his intent to use all of the tools at his disposal to ensure a level playing field, is great news for the domestic steel industry,” says Thomas J. Gibson, president and CEO of the American Iron and Steel Institute.

Tuesday | 28 February, 2017 | 9:02 am

Russia proposes creating aluminum OPEC: Trade Minister

February 287, 2017 - Russia is proposing the creation of an OPEC-like organization for the global aluminum industry, TASS news agency quoted Russian Industry and Trade Minister Denis Manturov as saying on Monday.

Tuesday | 28 February, 2017 | 8:58 am

The Swedish Energy Agency is investing heavily in a carbon-dioxide-free steel industry

February 28, 2017 - SSAB's, LKAB's and Vattenfall's initiative for a carbon-dioxide-free steel industry has gained additional support from The Swedish Energy Agency. The agency passed a resolution to finance a 4-year long research project for SEK 99 million. At the same time, the three companies behind the initiative, SSAB, LKAB, and Vattenfall, have decided to form a corporate joint venture to spur on this initiative.

Monday | 27 February, 2017 | 10:01 am

Swedish steel fashion at the Academy Awards

February 27, 2017 - Bahar Pars, leading actress in "A Man Called Ove", will step on the Academy Awards red carpet dressed in Swedish steel. The unique dress, designed by Swedish fashion designer Naim Josefi, is decorated with 6,000 steel sequins. She will also wear a 3D-printed steel necklace in the form of two hands, also designed by Josefi.

Friday | 24 February, 2017 | 2:08 pm

Heavy gage shears with quick change knife cassettes make quick work of changing blades

February 24, 2017 - Cutting heavy gage HRS and the newer, higher strength steels can take a real toll on your shear blades. As a result, more frequent blade changes are required which results in additional down time. Red Bud Industries’ heavy gage shears with quick change knife cassettes make quick work of changing blades. With their “switchblade” system, what used to take hours can now be done in as little as a few minutes.

Friday | 24 February, 2017 | 10:50 am

AAM supports Wilbur Ross’ Commerce Secretary confirmation

February 24, 2017 - The Alliance for American Manufacturing urged Senate leaders to confirm Wilbur Ross as the Secretary of Commerce in a letter sent this week. The letter outlines the need for the next Commerce Secretary to tackle the widening trade deficit, China’s massive industrial overcapacity, foreign currency manipulation, China’s state-owned investment in U.S. companies, trade agreements that don’t prioritize job creation, and lax trade enforcement.

Tuesday | 21 February, 2017 | 9:53 am

New start for INGENIA thanks to ASMAG – Joint projects in the works

February 21, 2017 - The ASMAG Group, based in Scharnstein, Austria and INGENIA, specialist for crane and handling technology located in Linz, have been working closely together since August 2016. This has ensured the continuation of INGENIA. On February 1, ASMAG acquired the shares in INGENIA and the first joint projects are already in the works.

Tuesday | 21 February, 2017 | 9:10 am

American Roller launches new release coatings product series

February 20, 2017 - This new coating is designed for stationary and rotating parts, including web process industrial rollers. The coating family features new Low COF formulations, and a Smooth, Easy Clean, surface finish. The series includes 4 different combinations of surface textures and hardness ranges.

Wednesday | 15 February, 2017 | 4:17 pm

MSCI Safety Survey shows overall positive trend

February 15, 2017 - The 2016 Metals Service Center Institute (MSCI) Safety Survey shows that the industry’s safety is on a positive trend. Incidents have decreased drastically over time, from 10 per man hour on average across the industry in 2002 to 5 and below in the 2015 data just reported.

Tuesday | 14 February, 2017 | 10:09 am

New brochure details press feed equipment from Dallas Industries

February 14, 2017 - The new 8-page brochure details the company’s core competencies and deliverables: coil handling, press feed equipment and controls.

Tuesday | 14 February, 2017 | 9:59 am

NASA announces the addition of Eaton Steel Bar Company

February 14, 2017 -  North American Steel Alliance (NASA) announces the addition of Eaton Steel Bar Company as its newest cold drawn and hot rolled, carbon and alloy, special bar quality (SBQ) supplier. NASA welcomes the entire Eaton Steel Bar Company team and their family of businesses to supply member companies’ SBQ cold drawn and hot rolled bar needs.

Tuesday | 14 February, 2017 | 8:56 am

Steel Manager III from 4GL Solutions installed at Nivert Metal Supply

February 14, 2017 - 4GL Solutions announced today the installation of their leading ERP metal specific software Steel Manager III at Nivert Metal Supply, Inc. in Throop, Pa. Commenting on the agreement, George Walton, President of 4GL Solutions said, “We are proud to say that after an extensive review of ERP software, Nivert Metal Supply has chosen 4GL Solutions as their ERP software partner."

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