Reviewing Steel Dynamics Inc. (STLD)’s and Olympic Steel Inc. (NASDAQ:ZEUS)’s results | Welded Carbon Steel Pipe

             In Q4 2018, Oil & Gas revenue amounted to €737 million, up 19.9% year-on-year and up 20.2% at constant exchange rates. The growth was sustained at +17.6% when compared with Q3 2018. The stronger contribution of EA-MEA (+67.7% QoQ), further to bookings recorded over the last months, has largely compensated lower sales in the US, where a softening demand due to temporary higher inventories in the US tubular market (built in anticipation of section 232), has been partly offset by price increases and a better mix.

Vancouver, British Columbia–(Newsfile Corp. – February 11, 2019) – Millennial Lithium Corp. (TSXV: ML) (“Millennial” or the “Company”) is pleased to report encouraging results from an extended pumping test of a second production-scale well at its Pastos Grandes Project in Salta, Argentina. Pumping well PGPW17-04 was installed to complete extended pumping of lithium brine to determine the robustness and chemical variation of the aquifer over 23 days in September, 2018. At a pumping rate of 15 litres/second (L/s), the lithium content remained consistent over the trial period and the drawdown was approximately 57 metres (m), with rapid recovery. Estimated transmissivity was calculated from the drawdown data at 40m2/day. The pumping test was completed under the direction and supervision of Montgomery and Associates.

The company also makes a large number of split-frame unit types in 13 standard sizes from 0.5 to 72 inches. Its small-diameter, split-frame line runs from ½ to 6 in. OD; its modular-design, split-frame products go from 2 to 72 in. OD; and its large-diameter, split-frame series handles sizes from 60 to 120 in. OD.

Ternium S.A. manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the United States, Central America, and internationally. The company operates in two segments, Steel and Mining. The Steel segment offers steel products, such as slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets, pre-painted sheets, steel pipes and tubular products, beams, roll formed products, and other products. The Mining segment sells iron ore concentrates and pellets. The company serves various companies and small businesses operating in construction, automotive, home appliances, capital goods, container, food, and energy industries. Ternium S.A. was founded in 1961 and is headquartered in Buenos Aires, Argentina. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

The shares of both AK Steel Holding Corporation and ZK International Group Co. Ltd. are owned by institutional investors at 67.1% and 0.08% respectively. AK Steel Holding Corporation’s share owned by insiders are 0.6%. On the other hand, insiders owned about 67.94% of ZK International Group Co. Ltd.’s shares.

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"The United Steelworkers is the only union that is participating in such hearings. We continue to be vigilant for our key economic sectors affected by the current trade war in the United States and its collateral damage such as dumping," Croteau said.

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