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Steel Dynamics, Inc. Forecasted to Post Q1 2016 Earnings of $0.20 Per Share
2016-02-03 23:43:15| Steel - Topix.net
Steel Dynamics, Inc. - BB&T Corp. issued their Q1 2016 earnings estimates for shares of Steel Dynamics in a research note issued on Monday, according to Zacks Investment Research . BB&T Corp. analyst G. Nelson expects that the firm will post earnings of $0.20 per share for the quarter.
U.S. Steel announces new contract for Lorain Tubular, other sites
2016-02-03 17:53:32| Steel - Topix.net
A new contract will cover 18,000 steelworkers, including those at the Lorain Tubular Operations of United States Steel Corp. U.S. Steel and its subsidiary U.S. Steel Tubular Products Inc. announced Feb. 1 that its union employees have ratified a new three-year collective bargaining agreement. The contract covers about 18,000 members of the United Steel Workers at the company's U.S. flat-rolled and iron ore mining facilities, along with Lorain Tubular Operations and steel pipe factories in Fairfield, Alabama, and Lone Start, Texas.
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Steel Firm Builds New Paint Line Facility
2016-02-03 09:19:19| Steel - Topix.net
Steel Dynamics Inc. , reported to be the fifth largest producer of carbon steel products in United States, has broken ground on its new $100 million paint line and Galvalume facility in Columbus, MS. The project, originally announced in May 2015, is expected to be complete and ready for operation during the first quarter of 2017, the Mississippi Governor's Office announced , Jan. 25, the day of the groundbreaking ceremony.
Tags: line
firm
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Ajax TOCCO Supplies 100kHz Induction Dryer for Steel Strip Coating
2016-02-02 11:31:11| Industrial Newsroom - All News for Today
Ajax TOCCO Magnethermic recently shipped a 1900 kW / 100,000 hz induction heating dryer system to a steel strip galvanizing producer in China for the drying of coatings including Passivation, with and without chrome products, and organics. This high powered induction dryer is designed to heat steel strip 0.40 mm to...
Tags: supplies
steel
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ajax
United States Steel Co. (X) Downgraded to "Neutral" at Macquarie
2016-02-01 16:00:24| Steel - Topix.net
Several other equities analysts have also issued reports on the company. Axiom Securities reiterated a "sell" rating on shares of United States Steel in a research report on Saturday.
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