(NEW YORK)Shares of steel producers fell Monday after an analyst said declining prices for scrap metal, an important feedstock for many companies, may force producers to cut their prices.READ MORE
(NEW YORK)Shares of Reliance Steel & Aluminum Co. rose Tuesday after an analyst increased his earnings estimate for the recently enlarged company. On Aug. 4 the Los Angeles-based company com...READ MORE
(RICHMOND, Va.)Metal products distributor Earle M. Jorgensen Co. plans to invest about $6 million to open a distribution facility in a Virginia county, creating 16 jobs.READ MORE
(LOS ANGELES)Reliance Steel & Aluminum Co. said Monday it completed its acquisition of PNA Group Holding Corp., a steel service center company, and arranged financing for the deal.READ MORE
(COLLEGE PARK, Md.)Stocks of steel companies surged Tuesday after U.S. Steel posted sharply higher quarterly earnings, saying it saw record prices for steel and robust demand that it expects will ext...READ MORE
(LOS ANGELES)Reliance Steel & Aluminum Co. said Friday it has canceled a previously announced stock offer of around 6.8 million shares because of market conditions.READ MORE
(NEW YORK)Standard & Poor's Inc. included 4 U.S. materials companies among 73 companies based in the United States that made its annual Global Challengers, a list released Wednesday of mid-s...READ MORE