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Steel

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Russel Metals To Acquire City Pipe & Supply Corp

Monday, 19 Aug 2019

Aug 19 (Reuters) - Russel Metals Inc ::RUSSEL METALS ANNOUNCES AGREEMENT TO ACQUIRE CITY PIPE & SUPPLY CORP..DEAL FOR APPROXIMATELY $160 MILLION.TRANSACTION WILL BE FINANCED BY CASH HELD WITHIN U.S. OF APPROXIMATELY $100 MILLION AND REMAINDER FROM OUR BANK FACILITY.TRANSACTION WILL BE ACCRETIVE TO EARNINGS.CURRENT MANAGEMENT TEAM WILL REMAIN IN PLACE AND BRETT LOSSIN WILL CONTINUE TO SERVE AS PRESIDENT OF CITY PIPE.

Xinyu Iron & Steel's H1 Net Profit Down 14.8% Y/Y

Monday, 19 Aug 2019

Aug 19 (Reuters) - Xinyu Iron & Steel Co Ltd <600782.SS>::SAYS H1 NET PROFIT DOWN 14.8% Y/Y.

Xiwang Special Steel Sees Decline In HY Net Profit By About 60% To 70%

Monday, 19 Aug 2019

Aug 19 (Reuters) - Xiwang Special Steel Co Ltd <1266.HK>::EXPECTS TO RECORD A DECLINE IN NET PROFIT BY APPROXIMATELY 60% TO 70% FOR SIX MONTHS.GROUP EXPECTS TO RECORD A DECLINE IN NET PROFIT BY APPROXIMATELY 60% TO 70% FOR SIX MONTHS.EXPECTS TO RECORD A DECLINE IN NET PROFIT BY APPROXIMATELY 60% TO 70% FOR SIX MONTHS ENDED 30 JUNE 2019.EXPECTED RESULT DUE TO RAPIDLY RISING PRICES OF RAW MATERIALS AND FUELS.

ShanXi Coking's H1 Net Profit Down 6.8% Y/Y

Monday, 19 Aug 2019

Aug 19 (Reuters) - ShanXi Coking Co Ltd <600740.SS>::SAYS H1 NET PROFIT DOWN 6.8% Y/Y.

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