Steel

Handy & Harman Ltd announces sale of Arlon LLC

Handy & Harman Ltd:It has finalized the sale of its subsidiary Arlon, LLC to Rogers Corporation.HNH previously announced the signing of the definitive agreement on Dec.19, 2014.The total transaction value is $157,000,000.

Friday, 23 Jan 2015 08:00am EST

Kumba Iron Ore Ltd updates on FY 2014 earnings guidance

Kumba Iron Ore Ltd:Expects FY 2014 headline earnings for period are likely to be between 10,610 mln Rand and 11,410 mln Rand.Expects FY 2014 basic earnings expected to be between 10,220 mln Rand and 11,020 mln Rand.Expects FY 2014 headline earnings per share (HEPS) is likely to be between 33.10 Rand...

Friday, 23 Jan 2015 07:33am EST

Chongqing Iron & Steel issues 2014 profit outlook

Chongqing Iron & Steel Co Ltd:Operation profit for 2014 to be 50 mln yuan.Net profit of 2013 was -2,499,018,000 yuan.Comments that reduce cost and adjust product structure is the main reason for the forecast.

Thursday, 22 Jan 2015 07:00pm EST

Gansu Jiu Steel Group Hongxing Iron & Steel gives 2014 net profit outlook below I/B/E/S estimates

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd:Sees net profit for 2014 to be about 40 mln yuan.The net profit of 2013 was -2,338,477,546.68 yuan.2014 reported net profit of 135.90 million yuan – Thomson Reuters I/B/E/S.Comments that adjustment of product structure and effective cost control are...

Thursday, 22 Jan 2015 07:00pm EST

Demisas Dokum Emaye Mamulleri Sanayi AS says MESS announces lock-out

Demisas Dokum Emaye Mamulleri Sanayi AS:Says MESS employer's union announces lock-out.Exercise date will be announced.

Thursday, 22 Jan 2015 09:23am EST

United States Steel Corp to idle plants and lay off 545 more workers - WSJ

United States Steel Corp:Plans to idle plants in Illinois and Indiana, laying off 545 workers - WSJ.The company blamed the latest move on low-cost imports and its own restructuring efforts.

Wednesday, 21 Jan 2015 07:53pm EST

Pantech Group Holdings Berhad declares dividend

Pantech Group Holdings Berhad:Declares third interim single tier dividend of 0.6 sen per ordinary share of 0.20 Ringgit each in respect of FY ending Feb. 28.EX-date March 17.Entitlement date March 19.Payment date April 16.

Wednesday, 21 Jan 2015 07:00pm EST

Inner Mongolia BaoTou Steel Union to issue 2013 second tranche of corporate bonds

Inner Mongolia BaoTou Steel Union Co Ltd:To issue up to 1,500 million yuan worth of unsecured corporate bonds for 2013, each with par value and an issue price of 100 yuan.The bonds will be with a term of three years.Coupon rate of 4.7 pct to 5.70 pct.Maturity date of Jan. 26, 2016.Proceeds will be...

Wednesday, 21 Jan 2015 07:00pm EST

Fushun Special Steel gives 2014 net profit outlook below I/B/E/S estimates

Fushun Special Steel Co Ltd:Sees net profit for 2014 to increase about 80 pct to 120 pct.The net profit of 2013 was 23.19 mln yuan.2014 reported net profit of 35.19 million yuan – Thomson Reuters I/B/E/S.Comments that technical innovation and product structure adjustment are the main reasons for the...

Wednesday, 21 Jan 2015 07:00pm EST

Tongyu Heavy Industry gives 2014 net profit outlook

Tongyu Heavy Industry Co Ltd:Sees net profit for 2014 to increase 30 pct to 45 pct, or to be 76,205,900 yuan to 84,998,900 yuan.The net profit of 2013 was 58,619,900 yuan.Comments that steady increased sales amount and decreased costs are the main reasons for the forecast.

Tuesday, 20 Jan 2015 10:50pm EST

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