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Steel

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Nonferrous

  • Constellium mulls growth in US, China, Europe: exec

    Constellium N.V. aims to expand its aerospace capacity, make inroads in the U.S. automotive aluminum sector and play a role in the growing Chinese canstock market as it looks to expand its global footprint, chief executive officer Pierre Vareille told AMM.

  • Pure Nickel’s finance chief exits, Man exploration starts

    Pure Nickel Inc. chief financial officer Jeffrey Sherman has resigned effective May 31, and the junior miner has commenced exploration activities at its Man Alaska property, the company said May 23.

  • Revett cutting work force as Troy suspension continues

    Junior copper-silver miner Revett Minerals Inc. has announced "an immediate and significant reduction in the work force at its Troy Mine" in Montana as most operations remain suspended and production looks unlikely to resume this quarter as previously forecast.

  • Nickel market starts summer slowdown, participants say

    With nickel premiums continuing to sit at record lows, market participants say that business activity is unlikely to pick up until the end of summer.

  • Constellium IPO valued at $333.3 million

    Downstream aluminium product manufacturer Constellium N.V. has confirmed the value of its initial public offering (IPO) on the New York Stock Exchange and NYSE Euronext Paris at $333.3 million.

Supply Chain

  • House passes bill expediting Keystone approval process

    The House of Representatives has passed a bill expediting the approval process for TransCanada Corp.’s proposed Keystone XL pipeline.

  • Fabricator seeks additional $2M in suit against railroad

    An Illinois structural steel fabricator that slapped a lien on a Burlington Northern Santa Fe Railway Co. (BNSF) bridge in Iowa is seeking additional compensation from the railroad for work it performed in the construction of the $61.5-million bridge.

  • JIT Steel suit vs. customer seeks $122,089

    JIT Steel Service Inc. has filed a breach-of-contract lawsuit against Spig Industry LLC, a manufacturer of guardrails and other finished steel products, alleging that Spig failed to pay more than $122,000 in outstanding invoices.

  • Metalformers’ outlook holds steady

    The outlook among companies that stamp, form and fabricate metals products held fairly steady in May compared with April, even though some have experienced uneven order rates and shipments this year.

  • Construction index slips in April

    An increase in nonresidential construction starts wasn’t enough to offset a decline in public works in April, resulting in a 1-point slip in the benchmark Dodge Index.


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  • A look back to see what’s next for OCTG

    At the start of the new century, there were few signs that the oil country tubular goods (OCTG) market was about to do something historic. But a remarkable growth cycle started about a decade ago, fueled by technological innovation and increased energy demand.

  • AMM Aluminum Summit preview

    AMM ’s third annual Aluminum Summit in June will offer analysts and executives from every step along the supply chain an opportunity to collaborate, address the challenges facing the industry, and seize the opportunities that domestic and global markets have to offer.

  • Commercial airliner demand keeps aerospace soaring

    Despite a somewhat discouraging trend in the defense sector, global demand and investment are expected to maintain a profitable market climate.

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