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Nucor buys Skyline from ArcelorMittal for $605M

Nucor Corp. has acquired Skyline Steel LLC and Astralloy Steel Products Inc. from ArcelorMittal SA for $605 million in a deal analysts are calling a good fit for the steelmaker.
PTC’s Ohio plant resumes operations after fire

PTC Alliance Corp. has resumed operations at its Alliance, Ohio, facility after a fire broke out at a nearby complex of buildings Wednesday.
CSI’s Wright may be replaced soon: sources

A transition appears to be near at California Steel Industries Inc. (CSI), one of two major West Coast flat-rolled steel producers, with the company’s owners said to be considering a change at the top, according to industry sources.
‘Everything on table,’ RG’s Nelson says

In a second asset-related move in as many days, a top RG Steel LLC executive said Thursday that the privately held steelmaker was evaluating a variety of options regarding the future of the facilities it purchased for a reported $1.2 billion early last year from Severstal North America Inc.
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.

ISA founder Harry Kletter set to exit company

Industrial Services of America Inc. (ISA) founder, chairman and chief executive officer Harry Kletter is looking to step down within months.
US ferrous scrap export prices fall $20/T

U.S. ferrous scrap export prices to Turkey have fallen about $20 per tonne from the prior sale after one exporter completed North America’s only bulk sale to Turkey on Thursday.
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.

CIT says Commerce wrong to ignore false trade details

The Court of International Trade (CIT) has ruled that the Commerce Department’s decision not to apply "total adverse facts available" to a Chinese magnesium producer was not legally justified, and it has remanded the matter for further proceedings.
First Nickel secures $10M in credit

Junior nickel miner First Nickel Inc. has entered into a $10-million revolving credit facility, the company said Friday.
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 prices 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 US ruling on solar cells

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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