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Earnings & Finance

Financial announcements from the world's steelmakers.

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With Construction Still Going Strong, Commercial Metals Records Profitable Q1

07 Jan 2020 - An expanded Commercial Metals Company took advantage of a healthy construction market and posted some of its best first-quarter results in years, the steelmaker said on Monday.

Worthington Acquires Majority Stake in Samuel Steel Pickling Co. 

06 Jan 2020 - Steel processor and cylinder manufacturer Worthington Industries is rolling a newly acquired facility into its sheet processing joint venture with Samuel, Son & Co. and has taken the majority stake in the business. 

Steel Demand Intact, But SDI Expects Lower Q4 Profits 

17 Dec 2019 - Planned outages, lower prices and seasonally lower shipments are likely to offset Steel Dynamics Inc.’s fourth-quarter profits, the company has said.  

Nucor Expects Q4 Profits to Dip, But Sees Improvement in 2020

16 Dec 2019 - Nucor Corp. is expecting its fourth-quarter profits to fall on account of lower steel prices and higher scrap prices, the company has said. 

TMK Sees Revenue Dip in First Three Quarters of 2019

20 Nov 2019 - Revenues at Russian oil country tubular goods maker PAO TMK declined 4% through the first nine months of 2019 on account of reduced sales in North American and Europe, the company said Wednesday. 

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