Steel News

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Guernsey Bancorp Inc. has agreed to acquire the Marion-based parent companies of Ohio State Bank, a deal that would make it a $235 million-asset community bank.

AK Steel Holding Corporation announced today that its subsidiary, AK Steel Corporation , has successfully priced a private offering of $30.0 million aggregate principal amount of its 8.750% senior secured notes due 2018 , which were offered as an add-on to its outstanding $350.0 million aggregate principal amount of 8.750% senior secured notes due ... (more)

ThyssenKrupp AG is selling its gray and ductile iron foundry group to KPS Capital Partners, LP, a private equity group, for an unreported price.

United States Steel Corp. has gotten more time to meet county air pollution standards following a $500 million revamp of its Clairton Coke Works near Pittsburgh.

Here at The Motley Fool, I've long cautioned investors to keep a close eye on inventory levels.

They currently have a $41.00 price objective on the stock. Zacks ' price target would suggest a potential downside of 8.85% from the company's current price.

Outokumpu Oyj Riihitontuntie 7 B, P.O. Box 140 02201 Espoo FINLAND Tel.: +358 9 4211 Fax: +358 9 421 3888 E-mail: stainless.info@outokumpu.com Outokumpu is the global leader in stainless steel and high performance alloys, with a market share of some 40% in Europe and 12% worldwide.

's stock had its "hold" rating reiterated by analysts at Independent Research GmbH in a research report issued to clients and investors on Monday, AnalystRatings.Net reports.

Steel Dynamics declared a quarterly dividend on Monday, June 17th, Stock Ratings Network reports.

Second quarter 2013 overall steel shipments are expected to be slightly higher in comparison to the first quarter 2013, as decreases in merchant bar volume are expected to be more than offset by increased sheet and other long product shipments, including engineered special-bar-quality products and standard railroad rail.

The analysts wrote, "AK guided to Q2 EPS of a $0.33-$0.38 cent loss, which included an unexpected non-cash tax reserve loss.

's stock had its "underperform" rating reaffirmed by equities researchers at Bank of America in a research report issued on Monday, AnalystRatingsNetwork reports.

Friedman Industries Inc is a niche steel processing company with a tiny $66.2 million market cap.

AirAsia CEO Tony Fernandes may not have been able to convince Ratan Tata to become the chairman of AirAsia India but has managed to bring Tata on the airline's board as chief advisor.

Main First Bank AG currently has a 22.00 price objective on the stock. Several other analysts have also recently commented on the stock.

A Toledo steel company plans to invest $7.5 million and add 17 new jobs at its Butler operation, a DeKalb County official confirmed late Friday.

New Delhi, June 14, 2013: Youth constitutes a significant percentage of the community in operational areas of Tata Group companies.

In just three weeks time, AK Steel Holding Corporation has decided to hike carbon steel products prices yet again.

's stock had its "sell" rating reiterated by equities research analysts at TheStreet in a research note issued to investors on Friday, StockRatingsNetwork.com reports.