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Chongqing Iron & Steel Co ‍Announces Completion Of Implementation Of Reorganisation Plan​

Tuesday, 2 Jan 2018

Jan 2 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::‍ANNOUNCES COMPLETION OF IMPLEMENTATION OF REORGANISATION PLAN​.ACCORDING TO PRELIMINARY CALCULATION, NET PROCEEDS FROM REORGANISATION ARE ESTIMATED TO BE ABOUT RMB2,000 MILLION.REORGANISATION WILL HAVE POSITIVE EFFECTS ON TURNAROUND OF NET PROFITS FOR AND NET ASSETS AS AT END OF 2017 OF CO.

Nippon Steel & Sumitomo Metal to merge with unit

Wednesday, 27 Dec 2017

Dec 27 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>:Says it plans to merge with unit Nippon Steel & Sumikin Koutetsu Wakayama Corp, effective on April 1, 2018.Says unit will be dissolved after merger.

Bhp Billiton ‍Agrees To Fund Up To US$181 Mln For Renova Foundation & Samarco Mineração

Thursday, 21 Dec 2017

Dec 22 (Reuters) - Bhp Billiton Ltd ::‍AGREED TO FUND A TOTAL OF UP TO US$181 MILLION IN FINANCIAL SUPPORT FOR RENOVA FOUNDATION AND SAMARCO MINERAÇÃO S.A UNTIL 30 JUNE 2018​.AN AMOUNT OF US$48 MILLION WILL BE MADE AVAILABLE TO SAMARCO.AN AMOUNT OF US$133 MILLION WILL BE USED TO FUND RENOVA FOUNDATION TO UNDERTAKE REMEDIATION AND COMPENSATION PROGRAMS.

China Steel says unit returns shares of Formosa Ha Tinh (Cayman) to co

Thursday, 21 Dec 2017

Dec 21(Reuters) - China Steel Corp <2002.TW>:Says co's wholly owned unit CHINA STEEL ASIA PACIFIC HOLDINGS PTE LTD returns 1.11 billion shares of Formosa Ha Tinh (Cayman) Limited to the co .

Worthington Reports Q2 Earnings Per Share $0.62

Tuesday, 19 Dec 2017

Dec 19 (Reuters) - Worthington Industries Inc ::WORTHINGTON REPORTS SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.62.Q2 SALES $871.3 MILLION.Q2 EARNINGS PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S.WORTHINGTON INDUSTRIES - NET EARNINGS IN Q2 OF FISCAL 2017 HAD PRE-TAX RESTRUCTURING CHARGES TOTALING $3.3 MILLION, THAT REDUCED DILUTED EPS BY $0.03.

Kloeckner Says Supervisory Board Appoints Jens Michael Wegmann As Chief Operating Officer

Monday, 27 Nov 2017

Nov 27 (Reuters) - KLOECKNER & CO SE ::DGAP-NEWS: KLÖCKNER & CO SE: SUPERVISORY BOARD APPOINTS JENS MICHAEL WEGMANN AS CHIEF OPERATING OFFICER.‍ WEGMANN WILL TAKE NEWLY CREATED POSITION AS CHIEF OPERATING OFFICER (COO) AS OF DECEMBER 1, 2017​.

Chongqing Iron & Steel's restructuring proposal approved by court

Monday, 20 Nov 2017

Nov 20 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK:Says its restructuring proposal approved by court.

Steel & Tube Holdings expects HY EBIT for FY18 to be lower than prior HY by NZ$9 mln- NZ$10 mln

Wednesday, 15 Nov 2017

Nov 16 (Reuters) - Steel & Tube Holdings Ltd :Half-year earnings before interest and tax for 2018 FY will be lower than prior half year by NZ$9 million - NZ$10 million​.Reorganisation and restructuring activities will have an unavoidable impact on short term EBIT​.‍Margins are expected to improve in second half of 2018 from improved pricing​.FY 2018 EBIT expected to be materially same as 2017 FY EBIT of NZ$31.1​ million.

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