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Friday May 24 2013
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

  • Domestic steel beam discounts narrow

    May 23, 2013 | 05:00 PMFrank Haflich

    Discounting has continued in the steel beam market, although the gap between actual and published prices has narrowed as $20-per-ton price cuts announced earlier in May haven’t been accompanied by corresponding lower prices on discounted large orders.

  • Mills seen battling odds to hike flat-rolled tags

    May 23, 2013 | 04:55 PMCatherine Ngai

    Efforts by at least four major mills to boost flat-rolled steel prices could be foiled by a number of downward pressures, including sliding raw material costs, oversupplied markets and lackluster demand.

  • Letter to the Editor: LNG exports will hinder US manufacturing recovery

    May 23, 2013 | 04:01 PM

    If we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice.

Nonferrous RSS

  • Alcoa ramps up Ohio casthouse making wheels

    May 23, 2013 | 04:04 PMMichael Cowden

    Alcoa Inc.’s expanded casthouse at its Barberton, Ohio, facility is now running at full capacity making wheels from remelted and scrap aluminum, the company said.

  • Letter to the Editor: LNG exports will hinder US manufacturing recovery

    May 23, 2013 | 04:01 PM

    If we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice.

  • Constellium IPO to fund global growth

    May 23, 2013 | 01:58 PMMichael Cowden

    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.

Scrap RSS

  • ISRI teams with nonprofit to promote careers

    May 23, 2013 | 04:13 PMSean Davidson

    The Institute of Scrap Recycling Industries is teaming up with a nonprofit organization to educate students on career prospects in the recycling industry.

  • Copper scrap discounts up on Comex

    May 23, 2013 | 03:42 PMNathan Laliberte

    Most copper scrap grades saw discounts increase May 22 as a recent strengthening on the Comex, coupled with subdued domestic demand, caused spreads to widen, market participants say.

  • PSC dismisses Rittenhouse, three others

    May 23, 2013 | 02:28 PMNathan Laliberte

    Garey Rittenhouse has been dismissed as vice president of nonferrous trading at PSC Metals Inc., he told AMM.

Supply Chain RSS

  • Letter to the Editor: LNG exports will hinder US manufacturing recovery

    May 23, 2013 | 04:01 PM

    If we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice.

  • House passes bill to expedite XL approval

    May 23, 2013 | 01:01 PMThorsten Schier

    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

    May 23, 2013 | 11:55 AMFrank Haflich

    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.

  1. U.S. Steel raises sheet prices
  2. Steel for bridge made to spec: Gerdau
  3. W. Coast scrap export prices sink to 5-year low
  4. Manufacturing jobs return from abroad
  5. Ore. recycler files for Chapter 11 bankruptcy

Latest Pricing Trends

Nickel-2.57%
Tin-2.4%
Copper-2.31%
Steel, HR sheet-1.79%
No. 1 heavy melt-1.79%
Lead-1.23%
Aluminum-1.09%
Zinc-0.82%
Ferromolybdenum1.1%
Natural gas1.76%
From 05/23/2013 

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

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This whole thing is becoming a game of smoke.

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