Steelmaker Processes a Good Quarter
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Steel Technologies continues to grow on the back of a cyclical boom.
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Red Lobster and Olive Garden contributed to a solid quarter.
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This company won't get burned by a downturn.
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The iron ore producer is taking energy matters into its own hands.
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Anglo-Dutch steelmaker Corus Group has unveiled the first profit in its five-year history for the first half of the year and says restructuring, strong demand and higher steel prices are keeping its outlook positive.
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India's Tata Steel is set to become the world's fifth-biggest steelmaker after winning a bid battle for Anglo-Dutch steelmaker Corus Group by agreeing to pay 5.75 billion pounds ($11.3 billion).
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T. Rowe Price announced solid third-quarter results.
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U.S. and global steel markets are poised for medium and long-term growth, two top global steel executives said on Thursday.
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The steelmaker faces serious headwinds, but it has the resources to batten down the hatches.
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The steelmaker said costs related to the redemption of debt pulled down second-quarter profit, but the results beat Wall Street estimates.
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LONDON (Dow Jones/AP) -- Corus Group PLC, one of the world&#39;s largest makers of steel, Thursday reported a profit for the first time in its five-year history.
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The right recipe of added metals yields a steel without the usual crystalline atomic structure, making for a stronger and lighter material.
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TRAFFORD, Pennsylvania  - Only half the machines are running at precision parts maker Hamill Manufacturing, nestled in the Allegheny Mountains just east of Pittsburgh, once the booming center of the U.S. steel industry.
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Double-digit revenue growth is the highlight of a good quarter.
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The steelmaker isn't having a blast, but it is buttressed against adversity.
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By Reuters. Two of the biggest American steel companies reported dramatic third-quarter turnarounds yesterday, with robust profits driven by surging steel prices that reversed year-earlier losses.
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The company earned $1.07 billion in the fourth quarter, helped by steady but moderate growth in its core operations.