Steel

Northland Resources SA announces sale of quoted securities of Orex

Northland Resources SA:Says it has sold its position in Orex Minerals Inc.Gross proceeds from the sale of these non-strategic assets are about C$2.8 mln.Intends to use proceeds for general corporate purposes.

12:36pm EDT

Worthington Industries Inc acquires Oil & Gas Equipment Maker Serving Eagle Ford Shale Play

Worthington Industries Inc:Acquires business of Midstream Equipment Fabrication, LLC (MEF).MEF manufactures patented horizontal heated and high pressure separators used to separate oilfield fluids and gas for customers drilling in Eagle Ford Shale and is well-situated to serve customers in Permian...

11:00am EDT

Winsway Enterprises Holdings Ltd gives H1 2014 earnings guidance

Winsway Enterprises Holdings Ltd:Expects to record materially increased consolidated loss for H1 2014 as compared to that of H1 2013.

10:32am EDT

Reliance Steel and Aluminum Co completes acquisition of Northern Illinois Steel Supply Co

Reliance Steel and Aluminum Co:Acquires all of the capital stock of Northern Illinois Steel Supply Co. (NIS), a value-added distributor and fabricator of a variety of steel and non-ferrous metal products, primarily structural steel components and parts, located in Channahon, Illinois.

8:50am EDT

ArcelorMittal SA to buy stakes in Euronimba Limited and Compagnie Francaise de Mines et Metaux in Guinea iron ore project-Reuters

ArcelorMittal SA:Says that it has signed deals to purchase stakes in an iron ore project in Guinea as it pushes to raise its mining output and leverage its existing presence in the region-Reuters.Says that it would buy a 43.5 percent stake in Euronimba Limited from Billiton Guinea, a unit of BHP...

6:56am EDT

ArcelorMittal comments on FY 2014 EBITDA guidance

ArcelorMittal SA:Sees FY 2014 EBITDA in excess of $7.0 billion.FY 2014 EBITDA $7.747 billion-Thomsonreuters I/B/E/S Estimates.

1:00am EDT

Godo Steel Ltd amends consolidated mid-year outlook and dividend forecast for FY 2015

Godo Steel Ltd:Says the company amended the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast decreased to 67,000 million yen from 69,000 million yen.Operating profit forecast increased to 1,500 million yen from 1,300 million yen.Ordinary profit forecast increased to 1,900...

1:00am EDT

Handy & Harman Ltd narrows FY 2014 revenue outlook; lowers high end of prior FY 2014 EBITDA outlook; gives Q3 2014 outlook

Handy & Harman Ltd:Expects FY 2014 net sales in the ranges of $652 -$749 mln.Expects FY 2014 adjusted EBITDA in the ranges of $82 -$93 mln.Expects Q3 2014 net sales between $168 -$205 mln.Expects Q3 2014 adjusted EBITDA between $23 -$28 mln.

Thursday, 31 Jul 2014 04:26pm EDT

Worthington Industries Inc acquires Cryogenic Transport Trailer Maker

Worthington Industries Inc:Acquires business of James Russell Engineering Works, Inc. (JRE).JRE manufactures aluminum and stainless steel cryogenic transport trailers used for hauling liquid oxygen, nitrogen, argon, hydrogen and liquefied natural gas (LNG) for top producers and distributors of...

Thursday, 31 Jul 2014 04:15pm EDT

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