$RS (Reliance Steel & Aluminum Co.)

$RS {{ '2016-02-29T13:10:12+0000' | timeago}} • Announcement

Metals processor $RS said it has promoted James D. Hoffman to executive vice president and chief operating officer. In this new role, Hoffman will report to Gregg J. Mollins, president and chief executive officer.

$HII {{ '2017-07-24T21:55:13+0000' | timeago}} • Announcement

$HII said the Department of Energy’s National Nuclear Security Administration issued a notice to proceed to Mission Support and Test Services LLC, a JV including $HII, $HON and its equity partners SN3, and $JEC. The notice allows MSTS to begin transition activities for management and operation of the Nevada National Security Site on Aug. 1, 2017.

$NUE {{ '2017-07-20T18:53:23+0000' | timeago}} • Webcast

$NUE said looking into 3Q17, pricing seems to be holding and improving in flat rolled products. The company is seeing stability in other businesses in terms of demand. A large number of bookings are also in place and factoring all these together, $NUE expects to see performance that is consistent with 1H17.

$NUE {{ '2017-07-20T18:35:31+0000' | timeago}} • Webcast

In 2Q17, $NUE invested approx. $176MM to build a hot band galvanizing and pickling line at its sheet mill in Ghent, Kentucky. The new galvanizing line will expand Nucor Steel Gallatin's product capabilities and should have an annual capacity of 500,000 tons. It is expected to take two years to construct the galvanizing line and begin operations.

$NUE {{ '2017-07-20T18:31:10+0000' | timeago}} • Webcast

$NUE stated that imports continue to negatively impact the US steel industry. Through 1H17, finished steel imports have increased about 15% compared to 1H16 and account for an estimated 27% share of the US market. The industry continues to pursue trade cases to combat unfairly traded imports.

$NUE {{ '2017-07-20T14:49:50+0000' | timeago}} • Infographic

$NUE Nucor Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$NUE {{ '2017-07-20T13:33:14+0000' | timeago}} • Announcement

$NUE expects 3Q17 earnings to be in a range similar to the quarterly results of 1H17. Non-residential construction indicators, such as the Dodge Momentum Index, suggest that construction activity will remain healthy through the end of 2017. $NUE is gaining ground in the automotive market and expects this trend to continue through 2017.

$NUE {{ '2017-07-20T13:30:26+0000' | timeago}} • Announcement

$NUE reported consolidated net earnings of $323MM or $1 per share for 2Q17 compared to $243.6MM or $0.76 per share for 2Q16. Consolidated net sales increased 22% to $5.17Bil from 2Q16. Average sales price per ton in 2Q17 increased 17% from 2Q16.

$JEC {{ '2017-07-20T13:16:27+0000' | timeago}} • Announcement

Technical services provider $JEC has received a contract from Powering Australian Renewables Fund to carry out project management and engineering consultancy for a proposed 200 MW wind farm in Western New South Wales, Australia. The $356MM project - Silverton Wind Farm – is envisaged to produce around 780,000MW hours of renewable energy annually.

$STLD {{ '2017-07-19T22:47:22+0000' | timeago}} • Announcement

$STLD remains optimistic that macroeconomic and market conditions are in place to benefit domestic steel consumption in the coming years. The company also believes that North American automotive steel consumption will be steady and that there will be additional growth in the energy and construction sectors.

$STLD {{ '2017-07-19T22:40:19+0000' | timeago}} • Announcement

Steel producer and metal recycler $STLD reported higher 2Q17 earnings, driven by steady steel demand from the automotive sector and surge in revenue. Net income increased 7.73% to $152.94MM or $0.63 per share from $141.96MM or $0.58 per share a year ago. Revenue for the quarter jumped 18.12% to $2.39Bil.

$JEC {{ '2017-07-18T19:21:54+0000' | timeago}} • Announcement

$JEC declared a quarterly cash dividend of $0.15 per common share payable on September 1, 2017 to shareholders of record on August 4, 2017.

$FLR {{ '2017-07-18T11:37:36+0000' | timeago}} • Announcement

$FLR appointed Bruce Stanski as its CFO, effective Aug. 4, 2017, replacing Biggs Porter, whose retirement was previously announced in March. Porter will continue to support $FLR as an advisor on NuScale Power as well as in other capacities. Thomas D'Agostino will replace Stanski in the role of president for its Government Group.

$AES {{ '2017-07-17T21:30:02+0000' | timeago}} • Announcement

$AES declared a quarterly common stock dividend of $0.12 per share payable on August 17, 2017, to shareholders of record on August 3, 2017.

$DD {{ '2017-07-13T21:04:02+0000' | timeago}} • Announcement

$DD declared Q3 common stock dividend of $0.38 per share, payable Sept 29, 2017, to stockholders as on July 31, 2017. Regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 cents per share on $3.50 series preferred stock also were declared, both payable Oct 25, 2017, to stockholders as on Oct 10, 2017.

$DOW {{ '2017-07-13T17:08:12+0000' | timeago}} • Announcement

$DOW, which is going to merge with $DD in the next 1 or 2 months, named its North American President Pedro Suarez as Chief Commercial Officer. Suarez will be replacing Joe Harlan, who is going to retire from the Company at the close of the Dow DuPont merger.

$AA {{ '2017-07-12T11:32:16+0000' | timeago}} • Announcement

$AA plans to restart three of five potlines at its Warrick Operations aluminum smelter near Evansville, Ind. Restart expenses are expected to be incurred in 3Q17 and 4Q17 to be $30-35MM, or $0.16-0.19 per share. In 3Q17, $AA will record after-tax benefit of about $25MM, or $0.13 per share, for reversal of liabilities related to original closure.

$AA {{ '2017-07-12T11:29:19+0000' | timeago}} • Announcement

$AA plans to restart three of five potlines at its Warrick Operations aluminum smelter near Evansville, Ind., an action that will further improve the competitiveness of the on-site rolling mill. The process to restart the three lines, with 161,400 metric tons of annual capacity, will begin immediately and is expected to be complete in 2Q18.

$JEC {{ '2017-07-11T12:23:20+0000' | timeago}} • Announcement

$JEC said it has been selected by Florida’s Turnpike Enterprise to provide design services to widen over nine miles of the Sawgrass Expressway in South Florida. Jacobs will also design the reconstruction and rehabilitation of three interchanges. The project has an estimated construction value of $125MM, according to Florida's Turnpike Enterprise.

$STLD {{ '2017-07-05T16:39:54+0000' | timeago}} • Announcement

$STLD announced the expansion of its Structural and Rail Division located in Columbia City, Indiana.  The $75MM expansion will utilize excess melting and casting capability and further diversify its product portfolio and market sector exposure. The project is scheduled to be completed during 4Q18.

$AES {{ '2017-07-05T13:02:24+0000' | timeago}} • Announcement

$AES has closed $2Bil in long-term, non-recourse financing for its 1,384MW Southland repowering project. The financing consists $1,475MM of senior secured notes amortizing through 2040 and $492MM senior secured term loan amortizing through 2027. $AES will contribute about $350MM in equity to finance the balance of the total project cost of $2.3Bil.

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