Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million [...]

Mechel OAO, one of the leading Russian mining and metals companies, announces the acquisition of a 100% stake in HBL Holding GmbH by its Mechel Service OOO service and sales subsidiary.
The acquisition is consistent with Mechel Service OOO’s continued implementation of its program of expanding its sales network, enhancing and extending range of its services, [...]

Ternium S.A. announced that it plans to invest a total of US$4.2 billion over the next five years to build a flat steel plant in Mexico aimed at expanding its production capacity.
The project’s initial phase involves the design and construction of a state-of-the-art flat-rolled mini mill in the Monterrey area, with a direct reduction unit, [...]

Medallion Resources Ltd announced that it has optioned from privately held Romaine River Titanium Inc., the right to acquire a 100% legal and beneficial interest (”Option”) in the Everett iron-titanium property (”Property”). The Property consists of 59 claims, located three kilometres east of the Rio Tinto-owned Lac Allard iron-titanium mine in Duplessis County, Quebec. The [...]

General Steel Holdings, Inc., one of China’s leading non- state owned steel products producers today announced that the Company will attend the 13th Annual JPMorgan Asia Pacific and Emerging Markets Equity Conference at the New York Marriott Marquis in New York City. Ross Warner, Director of IR, is scheduled to present at 11:00 a.m. Eastern [...]

To meet increasingly strong global demand for quenched and tempered (Q&T) steels, SSAB today announced a SEK 5.3 billion investment program to further develop the company’s production base in Sweden and the United States. The investments will result in a major increase of the volume of Q&T steels.
“This shows that we have a firm belief [...]

Ternium S.A. announced that, following the expiration of the term for the negotiation of the conditions on which all or a significant part of Ternium’s interest in Sidor will be transferred to the Republic of Venezuela, the negotiations with the Venezuelan government are still under way.
Ternium continues to reserve all of its rights under contracts, [...]

China Fire & Security Group, Inc., a leading industrial fire protection product and solution provider in China, announced today that the Company has signed a new total solution contract with Xinyu Iron and Steel Co., Ltd. (”Xinyu Iron and Steel”), valued at approximately $4.7 million.
Xinyu Iron and Steel, headquartered in Xinyu City, Jiangxi Province, is [...]

Mauritius-based Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company with prime focus on private equity investments, today announced an investment of USD 7 million in Krishna Saa Fabs Private Limited.
Krishna Saa Fabs fabricates structural engineering products used in the high growth infrastructure support sectors of telecom, national highways, airports, and ship-building. The company’s [...]

Nucor Corporationannounced that its wholly owned subsidiary, The David J. Joseph Company (”DJJ”), has signed a purchase agreement to acquire the assets of the American Compressed Steel operations of Secondary Resources, Inc. American Compressed is based in Kansas City, Missouri. In addition, DJJ has completed the acquisition of substantially all the assets of Victoria, Texas-based [...]