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Thursday May 17 2012
AMM’s daily issue is a collection of the top stories as selected by our editors. Access is restricted to subscribers and trialists so if you aren’t subscribing, you are missing the benefit of our editors' experience in judging the most critical news items of the day. Subscribe or take a free trial today.

Latest News By Category

Steel RSS

  • Partnerships key for steel, official says

    May 16, 2012 | 04:14 PMCatherine Ngai

    Continued public and private partnerships will ensure a strong manufacturing base and support for the steel industry in the future, a top government trade official said.

  • Steel sheet prices slide for third straight week

    May 16, 2012 | 03:16 PMChris Prentice

    Domestic steel sheet prices east of the Rockies have fallen for the third straight week as service center customers sit out of the softening market awaiting a new pricing floor.

  • New power plant rules won’t affect mills: EPA

    May 16, 2012 | 02:49 PMChris Prentice

    The U.S. Environmental Protection Agency has taken "unprecedented" steps to ensure that new regulations don’t threaten steel producers’ electrical security, the agency’s deputy administrator told members of the Steel Manufacturers Association (SMA).

Nonferrous RSS

  • Global lead, zinc stocks keep growing

    May 16, 2012 | 04:20 PM

    Global lead and zinc stocks rose in the first quarter, according to preliminary data from the International Lead and Zinc Study Group (ILZSG).

  • Century, utility talks fail; PSC to decide rate

    May 16, 2012 | 03:51 PMSuzy Waite

    Century Aluminum Co., after failing to reach an agreement with its local power provider, has submitted an application to the Public Service Commission (PSC) of West Virginia requesting a power contract that would protect its idled Ravenswood smelter during periods of weak London Metal Exchange pricing.

  • Lawmakers object to EPA’s ferroalloy rules

    May 16, 2012 | 02:36 PMThorsten Schier

    New emissions standards for ferroalloys producers could significantly impact the industry, lawmakers told the U.S. Environmental Protection Agency, echoing concerns of domestic manganese alloy producers.

Scrap RSS

  • US ferrous scrap export pricing under pressure

    May 16, 2012 | 03:37 PMSean Davidson

    A strengthening dollar has continued to hurt U.S. East Coast ferrous scrap exporters this week as Turkey and India turned to cheaper markets for their needs.

  • Mass. recycler unaffected by fire

    May 16, 2012 | 02:49 PMDaniel Fitzgerald

    Mid-City Scrap Iron & Salvage Co. Inc. suffered a fire early Wednesday, but said business was not affected.

  • ITC prepares questionnaire on e-scrap exports

    May 16, 2012 | 12:17 PM

    The U.S. International Trade Commission (ITC) has asked the Office of Management and Budget to approve a questionnaire that will be sent to metals industry participants concerning exports of used electronics.

Supply Chain RSS

  • Michigan lands three auto supplier projects

    May 16, 2012 | 03:56 PMCorinna Petry

    The Michigan Economic Development Corp. announced three investment projects in the past week valued at nearly $94 million that will boost the state’s automotive supplier base.

  • Stainless steel distributors’ shipments decline

    May 16, 2012 | 03:24 PMThorsten Schier

    Shipments by stainless steel distributors fell in April after three consecutive month-on-month increases, according to Metals Service Center Institute (MSCI) data.

  • Commerce delays decision on wind tower imports

    May 16, 2012 | 12:19 PM

    The Commerce Department’s International Trade Administration (ITA) is postponing by 50 days to July 26 the preliminary determination in its anti-dumping duty investigation on imports of utility-scale wind towers from China and Vietnam.

  1. ThyssenKrupp mulling possible Americas sale
  2. Excess steel capacity prompts timing game
  3. Evraz NA to increase capacity at two plants
  4. Stainless steel merger will be completed by year’s end: TK
  5. NAS awarded FTZ status at Kentucky facility

Latest Pricing Trends

No. 1 heavy melt-1.3%
Copper-0.98%
Tin-0.72%
Lead-0.46%
Gold-0.13%
Zinc-0.09%
Nickel0.03%
Aluminum0.25%
Palladium1.04%
Natural gas2.76%
From 05/15/2012 

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