Top Stories

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    Signature expects scrap supply support

    Oct 22, 2014

    Secondary aluminum market participants earlier this week posed several questions for Signature Group Holdings Inc., given its size and critical role in the secondary industry following its deal to acquire the global recycling and specification alloys division of Aleris Corp. More »

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    2014 viewed as better year for scrap market

    Oct 22, 2014

    A long period of relative price stability for ferrous scrap due to healthy demand from steel mills along with a decent nonferrous scrap market have many market participants pegging 2014 as a positive year for the industry. More »

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    SDI might feed Minn. iron nuggets to Miss. mill

    Oct 22, 2014

    Steel Dynamics Inc. (SDI) might ship iron nuggets from its operations in Minnesota to its recently acquired mini-mill in Columbus, Miss., the company’s top executive said. More »

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    Samuel center to serve southern auto mart

    Oct 22, 2014

    Samuel, Son & Co. Ltd. is planning to open a greenfield service center that will specialize in providing steel and aluminum products for the southern automotive industry. More »

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    Nucor unit files breach-of-contract suit

    Oct 22, 2014

    Ambassador Steel Fabrication LLC, a subsidiary of Nucor Corp.’s Harris Steel Inc., is suing an engineering and construction company for alleged breach of contract related to the construction of Allegheny Technologies Inc.’s hot-rolling and processing facility in Brackenridge, Pa. More »

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    ATI upbeat as sales climb 10% in third qtr.

    Oct 21, 2014

    Allegheny Technologies Inc. (ATI) posted a net loss in the third quarter despite sales jumping 10 percent, but the company’s outlook remains upbeat. More »

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    Commerce won’t revisit wire rod decision

    Oct 22, 2014

    The U.S. Commerce Department has declined to reopen the record in a trade case involving 4.75-millimeter wire rod imports from Mexican producer Deacero SAPI de CV. More »

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    ATI’s titanium shipments up 9.7% in 3d qtr.

    Oct 22, 2014

    Allegheny Technologies Inc.’s (ATI’s) titanium shipments increased in the third quarter as the company continues to pursue—and bear the cost of—premium-quality qualification for sponge produced by its Utah plant. More »

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    Boeing still pressing cost-cutting initiative

    Oct 22, 2014

    Boeing Co. is moving forward with its "Partnering for Success" cost-cutting program, although it is still "jousting" with the most recalcitrant third of its supplier base, according to the company’s top executive. More »

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    Alcoa shareholders seek settlement OK

    Oct 22, 2014

    Alcoa Inc. shareholders have asked a federal judge to grant preliminary approval of a settlement over allegations that the aluminum producer paid millions of dollars in illegal bribes to government officials in Bahrain. More »

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    Kaiser sees strong growth in aero, auto marts

    Oct 22, 2014

    Kaiser Aluminum Corp. recorded its second-highest level of aerospace and automotive shipments in the third quarter, in line with forecasts for strong long-term growth and a 10-year capacity expansion plan. More »

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    Weak buying, LME drive lead scrap price fall

    Oct 22, 2014

    Prices on most grades of lead scrap declined Oct. 22 following a drop in terminal prices on the London Metal Exchange and muted buying from domestic consumers. More »

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    Green Metals to supply iron pucks to AK Steel

    Oct 22, 2014

    Green Metals Inc. has reached an agreement to recycle and process material that will be resold to integrated steelmaker AK Steel Corp. More »

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