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U.S. Steel Canada preps to sell assets: report

2014-09-24 15:53:21| Steel - Topix.net

A worker taps a United States Steel Corp. blast furnace, something that hasn't been done at its Hamilton Works facility in Ontario since 2010. U.S. Steel Corp.'s Canadian operations could be sold off quickly, according to Reuters.

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A/O Abrasive Cut-Off Wheels cut steel and ferrous metals.

2014-09-24 14:31:13| Industrial Newsroom - All News for Today

Featuring 100% aluminum oxide (A/O) abrasive, Norton Gemini RightCut Wheels provide clean, precise, straight, burr-free cut with 045 in. thin design that reduces material waste, accelerates cutting process, and minimizes kerf loss. Design also lends to extended use and minimizes required pressure while cutting. Suited for portable, guarded right angle grinders, cut-off wheels come in Type 01 (4–7 in.) and Type 27 (4–9 in.). This story is related to the following:Abrasive Cut-Off Wheels |

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United States Steel Short Interest Up 6.1% in August

2014-09-24 12:04:46| Steel - Topix.net

United States Steel saw a large growth in short interest during the month of August. As of August 29th, there was short interest totalling 35,414,871 shares, a growth of 6.1% from the August 15th total of 33,383,021 shares, Analyst Ratings.Net reports.

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Steel Dynamics' Latest Performance Indicates More Improvement

2014-09-24 00:40:22| Steel - Topix.net

Steel-maker and metal recycler Steel Dynamics posted impressive results for the second quarter that beat the consensus estimates on both the top and bottom lines. The company's results were driven by solid strength for its shipping products that touched a record 1.7 million tons for both flat-rolled and structural, along with rail division that picked up the momentum during the second-quarter 2014.

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New dawn for Mexican steel puts Brazil in the shade

2014-09-23 20:45:16| Steel - Topix.net

Mexico is emerging as the preferred choice for investors in Latin American steel making as a landmark energy reform and exposure to a U.S. recovery help outshine regional rival Brazil, where the gloom of recession has taken hold. While steel executives in Brazil, Latin America's biggest economy, call ever more forcefully for market reforms, Mexico has pushed through a major energy overhaul and other reforms which are expected to lure billions of dollars in new investment.

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