Schnitzer Steel Industries, Inc. reported a loss per share from continuing operations of $0.05 for the fiscal 2017 first quarter ended November 30, 2016 and an adjusted loss per share from continuing operations of $0.03.
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of December totaled 2,648,000 net tons (NT).
The AIST Foundation has received four significant donations that will fund initiatives to promote the steel industry as a viable and rewarding career choice for young engineers.
The American Iron and Steel Institute (AISI) reported that for the month of November 2016, U.S. steel mills shipped 6,724,277 net tons, a 1.6 percent decrease from the 6,832,801 net tons shipped in the previous month, October 2016, and a 4.1 percent increase from the 6,457,870 net tons shipped in November 2015.
New Jersey’s Department of Environmental Protection (DEP) has approved a plan that requires the removal of approximately 50,000 tons of slag and baghouse dust containing low levels of radioactivity from the Shieldalloy Metallurgical Corp. site in Newfield, Gloucester County.
Alcoa Corporation intends to permanently close the Suralco alumina refinery and bauxite mines in Suriname, fully curtailed since November 2015.