$RS (Reliance Steel & Aluminum Co.)

$RS {{ '2015-12-01T13:15:35+0000' | timeago}} • Announcement

Metals processor $RS said that it has agreed to purchase all of the outstanding capital stock of Tubular Steel, a metal products distributor. The deal is expected to close in early 2016, subject to regulatory approvals and the terms of the transaction were not disclosed.

$NUE {{ '2017-10-19T17:51:23+0000' | timeago}} • Announcement

$NUE expects its 4Q17 earnings to be slightly lower than 3Q17. The company's downstream steel products segment is expected to benefit from margin improvement. The steel mills segment is expected to decline, mainly due to weakness in the plate steel and typical seasonality.

$NUE {{ '2017-10-19T17:50:28+0000' | timeago}} • Announcement

Steel company $NUE reported 12% drop in its 3Q17 earnings to $268.5MM, or $0.83 per share, compared with $305.4MM, or $0.95 per share during 3Q16.  Revenues rose 21% YoY to $5.17Bil. Average sales price per ton increased 7% YoY.

$CRS {{ '2017-10-11T12:02:53+0000' | timeago}} • Announcement

$CRS BoD has declared a quarterly cash dividend of $0.18 per share of common stock, payable Dec 7, 2017, to shareholders as on Oct 24, 2017.

$CRS {{ '2017-10-03T20:21:36+0000' | timeago}} • Announcement

$CRS said Jaydip Das will join the Electric Vehicle (EV) Tech Focus panel at the Coil Winding, Insulation & Electrical Manufacturing Exhibition (CWIEME) in Chicago. The panel will be moderated by Christian Ruoff, Founder and Editor of Charged EV Magazine.

$ZEUS {{ '2017-09-29T15:42:34+0000' | timeago}} • Announcement

$ZEUS, a distributor of steel, has promoted James D Post to Regional Vice President and General Manager. In addition, the company promoted Kevin L Miller to GM of its Cleveland division. Both the appointments are effective October 1, 2017. Post joined Olympic Steel in 2016, and Miller started his career with the company as an intern.

$ZEUS {{ '2017-09-28T16:56:56+0000' | timeago}} • Announcement

$ZEUS announced Zachary J. Siegal has been promoted to the new position of VP of Strategic Development, effective Oct. 1, 2017. Siegal will report to CFO Richard Marabito.

$MAS {{ '2017-09-22T13:35:04+0000' | timeago}} • Announcement

The BoD of $MAS declared a quarterly dividend of $0.105 per common share. The dividend is payable on Nov. 13, 2017, to shareholders of record on Oct. 13, 2017.

$GTLS {{ '2017-09-21T11:45:19+0000' | timeago}} • Announcement

Industrial engineering firm $GTLS said it completed the acquisition of Hudson Products Corp., a provider of heat transfer solutions, for $410MM in cash from Riverstone Holdings. Hudson’s brands will be integrated into Chart’s Energy & Chemicals segment. The transaction is expected to be accretive to Chart’s non-GAAP earnings in 2018.

$STLD {{ '2017-09-20T12:04:57+0000' | timeago}} • Announcement

$STLD provided 3Q17 earnings guidance in the range of $0.61-0.65 per diluted share. The company's estimated adjusted earnings guidance is in the range of $0.63-0.67 per diluted share.

$NUE {{ '2017-09-15T16:56:52+0000' | timeago}} • Announcement

$NUE, manufacturer of steel products, announced that its BoD approved a steel bar micro mill project and is considering five states, including Nebraska, Kansas, Missouri, South Carolina and Florida, for the project. The Board also gave the nod for the expansion of its existing merchant bar operations in either Illinois or Ohio.

$NUE {{ '2017-09-15T10:47:48+0000' | timeago}} • Announcement

$NUE declared a regular quarterly cash dividend of $0.3775 per share on its common stock.  The cash dividend is payable on Nov. 9, 2017 to stockholders of record on Sept. 29, 2017.

$NUE {{ '2017-09-14T20:07:19+0000' | timeago}} • Announcement

Steel company $NUE has elected Lloyd J Austin III, a retired US Army General, to its BoD, effective September 18, 2017. General Austin served as the commander of US Central Command, responsible for military strategy in the 20-country Central Region, from 2013 until his retirement in March 2016.

$STLD {{ '2017-09-06T17:11:40+0000' | timeago}} • Announcement

$STLD commenced a cash tender offer for any and all of the $350MM aggregate principal amount of its 6.375% Senior Notes due 2022. Holders must validly tender their notes prior to Sept. 12, 2017, unless extended, in order to be eligible to receive the purchase price. The company expects the settlement date to occur on Sept. 13, 2017.

$GTLS {{ '2017-09-01T10:52:06+0000' | timeago}} • Announcement

$GTLS to acquire VCT Vogel GmbH, a German company servicing cryogenic and other mobile gas tank equipment and trucks. VCT is expected to generate net sales of approx. $4MM in 2017. Terms of the transaction were not disclosed.

$CMC {{ '2017-08-31T22:18:59+0000' | timeago}} • Announcement

$CMC completed the sale of its raw materials trading division, CMC Cometals, to Traxys North America LLC and Traxys Europe SA, for a total consideration of approx. $179MM, subject to adjustment. CMC Cometals markets, distributes and processes metal, ores, concentrates, industrial minerals, ferroalloys, chemicals and industrial products worldwide.

$WM {{ '2017-08-25T12:26:24+0000' | timeago}} • Announcement

$WM's BoD declared a quarterly cash dividend of $0.425 per share. The dividend is payable on Sept. 22, 2017 to stockholders of record on Sept. 8, 2017.

$RGLD {{ '2017-08-23T20:49:51+0000' | timeago}} • Announcement

$RGLD announced that its BoD declared its 4Q17 dividend of US$0.24 per share of common stock. The dividend is payable on Oct 20, 2017, to shareholders of record as on Oct 6, 2017.

$ZEUS {{ '2017-08-21T18:06:13+0000' | timeago}} • Announcement

Metal company $ZEUS has promoted Terry Rohde to Director of Operations, a newly created position. He will report to EVP and CEO Andrew Greiff. In 2008, Rohde was named General Manager of Olympic Steel. Additionally, the company promoted Scott Besunder to the post of General Manager of its Gary Division.

$MTRN {{ '2017-08-16T12:54:47+0000' | timeago}} • Announcement

$MTRN promoted Ian Tribick, President of Materion Large Area Coatings, to Chief Technology and Marketing Officer. Michael Newell, President of Materion Precision Optics, has been promoted to President, Precision Coatings, one of three reportable business segments.

$NUE {{ '2017-08-10T16:55:44+0000' | timeago}} • Announcement

$NUE agreed to buy St. Louis Cold Drawn, Inc., a manufacturer of cold drawn rounds, hexagons, squares, and special sections that mainly serve the U.S. and Mexican automotive and industrial markets.

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