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Economy & Markets

The latest headlines on the state of the economy and markets driving the supply and demand of steel.

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SDI Reports Record Shipments, Improved Metal Spreads in Q2

22 Jul 2014 - Steel Dynamics Inc. said that despite elevated import levels, the strength of underlying demand coupled with its continued market diversification and customer focus allowed it to achieve record quarterly steel shipments in the second quarter of the year.

ATI Reports Results, Continued Ramp-Up of Hot Rolling and Processing Facility

22 Jul 2014 - As it reported its second quarter earnings results, Allegheny Technologies Inc. said it continued to see improvement in end market demand throughout the quarter.

Insteel Reports Increasing Capacity Utilization in Quarterly Earnings Report

21 Jul 2014 - Insteel Industries Inc. announced financial results for its third quarter ended 28 June 2014.

IREPAS: Decent Performance in Global Long Market, But Concerns Rising

11 Jul 2014 - Global demand has remained at reasonable levels during the course of the last 30 days, IREPAS said in its Short Range Outlook for July 2014.

TimkenSteel Management Team Discusses Business Strategy and Outlook at Investor Meeting

23 Jun 2014 - Members of the executive management team of TimkenSteel Corporation hosted an investor meeting on 19 June to share their vision and value-creation strategy for the company in advance of its planned spinoff from The Timken Company

AK Steel Provides Second Quarter 2014 Guidance

20 Jun 2014 - AK Steel provided guidance for its second quarter 2014 financial results. AK Steel said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.

Nucor Announces Guidance For Its Second Quarter Earnings

20 Jun 2014 - Nucor Corporation (NYSE: NUE) announced today guidance for its second quarter ending July 5, 2014. Nucor expects second quarter results to be in the range of $0.35 to $0.40 per diluted share.

Steel Dynamics Provides Second Quarter 2014 Earnings Guidance and Announces Second Quarter Cash Dividend

18 Jun 2014 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter earnings guidance in the range of $0.28 to $0.32 per diluted share.

IREPAS: Healthy Demand, but Concerns Persist in Global Long Products Market

09 Jun 2014 - In its June 2014 Short Range Outlook, IREPAS said demand has continued to improve in the global long steel products market, especially in the Americas and the EU.

Tata Steel Reported Significant Improvement in First Quarter

30 May 2014 - Tata Steel said the improved and steady performance of operations across geographies, despite weak market conditions, led to significantly improved Group performance in the first quarter of the year.

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