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RG Steel scrap suppliers want advance payment

At least half a dozen major scrap suppliers have confirmed they have cut off shipments—or are demanding payment in advance—at RG Steel LLC’s mills in Warren, Ohio, and Sparrows Point, Md.
IRON ORE DERIVATIVES WRAP: OTC market sees 2014 prompt trade

The iron ore swaps market saw volumes rise again on Friday May 18, reacting to further physical price falls.
HDG prices unchanged at end of week despite price cuts in India, China

European hot dipped galvanized (HDG) prices were unchanged at the end of the week from levels seen seven days ago, on poor market sentiment and low demand for flat steel products.
TK Americas deal seen unlikely without big 'haircut'

ThyssenKrupp AG might have to take a big haircut on its Steel Americas operations if it hopes to find a buyer in the near term, analysts and industry observers said.
LME BILLET REPORT: Official three-month prices hold steady

London Metal Exchange official three-month steel billet held steady at $440/450 on Friday May 18, level with Thursday’s prices.

RG Steel scrap suppliers want advance payment

At least half a dozen major scrap suppliers have confirmed they have cut off shipments—or are demanding payment in advance—at RG Steel LLC’s mills in Warren, Ohio, and Sparrows Point, Md.
Some mill-grade aluminum scrap prices move higher

Free-market aluminum scrap prices were largely unchanged Thursday, although some mill-grade scrap prices are moving up.
Schnitzer facing loss as margins slim

Depressed steel sales volumes are expected to send Schnitzer Steel Industries Inc. into the red in its fiscal third quarter, the company said Thursday.
Grant awarded for yard cleanup

A Wisconsin city has received a $250,000 brownfield grant from the state to clean up the site of a former scrapyard and steel supplier.
DAILY SCRAP REPORT: US seller offloads cargo to Turkey

Metal Bulletin’s Daily Ferrous Scrap Index fell to $436.06 per tonne cfr Iskenderun on an HMS 1&2 (80:20) basis on Friday May 18, down from $440.36 on May 17.

Copper must stay current: Leibbrandt

The copper industry must strive to maintain its market share in the face of technological advances and substitution possibilities, according to this year’s recipient of the Copper Club’s Ankh Award.
Domestic ferrosilicon prices tumble on aggressive selling

Domestic ferrosilicon prices are coming under pressure as sellers aggressively chase available business following a period of little activity.
Moly tags weaken on supplier nervousness

U.S. molybdenum prices have fallen as some sellers look to pare down stocks due to uncertainty about future demand as the market approaches the traditionally slower summer period.
Chinese blast Commerce ruling on solar cell imports

China has blasted the U.S. Commerce Department for acting in an "unfair" manner in ruling that imports of crystalline silicon photovoltaic cells were sold in the United States at less than fair value.
American Manganese taps Eigenhuis for board

American Manganese Inc. has appointed Jan Eigenhuis to its board of directors.

Chinese blast Commerce ruling on solar cell imports

China has blasted the U.S. Commerce Department for acting in an "unfair" manner in ruling that imports of crystalline silicon photovoltaic cells were sold in the United States at less than fair value.
Crutchfield elected Alpha chairman

Alpha Natural Resources Inc. has elected Kevin S. Crutchfield chairman of its board of directors.
Toyota spending $80M to ratchet up V6 production

Toyota Motor North America Inc. will spend $80 million to more than double V6 engine production capacity at its Huntsville, Ala., operation.
Coal plant worker suffers fatal fall

An employee of Independence Coal Co., a subsidiary of Alpha Natural Resources Inc., has died after a fall at a coal preparation plant.
‘Robust’ aerospace market bolsters PCC

Gains in its aerospace and industrial gas turbine units helped push Precision Castparts Corp.’s (PCC) fiscal fourth-quarter earnings up 24 percent.

Aluminum sees growth year despite sluggish construction market

All end markets—with the exception of building and construction—are expected to experience continued growth this year as transportation and energy help drive demand for aluminum products, say leaders in the industry.
AMM Comment: Steel industry should be embracing IT advances

This month’s issue offers a story on controlling risk in the aluminum sector. The use of information technology (IT) for budgeting, forecasting and other financial-related aspects of running a metals business are an important part of that approach. Aluminum firms are to be commended for their foresight here.
Capacity increases to boost titanium marketshare

Titanium Metals Corp. (Timet) has commissioned a plasma cold-hearth melt furnace at its Morgantown, Pa., operations as it aims to boost its role in the aerospace market with new melting capacity, while also installing new titanium powder capabilities.

Letter to the Editor: Russian production a factor in decline of scrap exports by

To the Editor: In your Feb. 27 article “Groups seek action on Russian export ban,” addressing new government obstacles to Russian scrap exports, trade attorney Alan Price was quoted as having attributed the decline in Russian scrap exports after 2007 to a combination of restraints imposed by the Russian government.
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Report on e-waste exports draws debate by Sean Davidson

A Congressional Research Service (CRS) report outlining the possible outcomes of restrictions on electronic waste exports has drawn different interpretations from two groups sitting on either side of the debate.
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