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Executive Standard: SA299 Gr. B steel plates comply with the ASME standard, specifically ASTM A299/A299M.2026-08-26
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SA299 is a carbon-manganese-silicon steel plate designed for pressure vessels—often referred to as "gas drum steel" under US standards.2026-08-19
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ntroduction to SA299 Gr.A Steel Plate:
SA299 Gr.A is a steel plate grade designated for boilers and pressure vessels under American standards.2026-08-11 -
A285 Gr.C and SA285 Gr.C steel plates represent the same grade, though they are governed by different standards.2026-08-04
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SA283 Gr.B is a low-to-medium strength carbon structural steel plate conforming to the American Society of Mechanical Engineers (ASME) standard.2026-07-31
Schnitzer Steel Industries Inc Q1 loss
RTT News reported that Schnitzer Steel Industries Inc Q1 loss attributable to company of USD 1.67 million compared to profit of USD 7.02 million last year. Loss per share was USD 0.06 compared to profit of USD 0.25 prior year. Adjusted loss per share for the quarter was USD 0.02.
Total revenues decreased to USD 592.82 million from USD 812.18 million last year.
On average, 8 analysts polled by Thomson Reuters expected the company to report profit of USD 0.01 per share on revenue of USD616.80 million for the quarter. Analysts estimates typically exclude special items.
Mr Tamara Lundgre president and CEO said that "As anticipated, during the Q1 of fiscal 2013 we continued to face difficult market conditions for recycled metals including a sharp drop in both ferrous sales prices and volumes due to soft demand resulting from slowing global growth and the weak domestic economic environment which continues to impact scrap generation. Despite these challenges each of our business segments remained profitable and our Auto Parts and Steel Manufacturing businesses improved operating margins sequentially.”