AMM Daily

Monday Jul 28 2014
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

  • Drilling improves in US, Canada

    Jul 28, 2014 | 09:37 AM

    The number of drill rigs running in the United States jumped by 12 last week, led by Louisiana (up six), while Canadian drilling activity climbed by 14 rigs compared with the previous week.

  • SDI, AK execs said visiting Severstal NA mills

    Jul 25, 2014 | 06:31 PMMichael Cowden

    Top executives from Steel Dynamics Inc. (SDI) and AK Steel Corp. attended town hall meetings at Severstal North America Inc. steel mills July 23, according to sources familiar with the matter.

  • Nucor appeals Ukraine wire rod ruling

    Jul 25, 2014 | 06:27 PMNat Rudarakanchana

    Nucor Corp. will appeal a recent U.S. International Trade Commission (ITC) decision to let anti-dumping duties on wire rod imports from Ukraine expire, an attorney for the steelmaker told AMM.

Nonferrous RSS

  • General Moly finishes Liberty project prefeasibility study

    Jul 28, 2014 | 10:29 AMDaniel Fitzgerald

    General Moly Inc. has completed an updated prefeasibility study for its Liberty project in Nevada that estimates average annual production of 12.6 million pounds of molybdenum and 9.6 million pounds of copper over a 32-year mine life.

  • Russian ferrosilicon escapes US duties

    Jul 25, 2014 | 03:40 PMDaniel Fitzgerald

    U.S. imports of Russian ferrosilicon have escaped anti-dumping duties after the Commerce Department confirmed its preliminary negative ruling, but Venezuelan shipments will face duties of more than 20 percent.

  • Mississippi Silicon, Rima undeterred by lawsuit

    Jul 25, 2014 | 02:52 PMDaniel Fitzgerald

    Mississippi Silicon LLC and Rima Industrial SA said they are proceeding with the construction of a silicon metal production facility in Mississippi "without delay," despite another lawsuit filed by a subsidiary of Globe Specialty Metals Inc.

Scrap RSS

  • Scrap export prices to India pressured

    Jul 25, 2014 | 05:43 PMSean Davidson

    Prices for containerized ferrous scrap exported to India are under pressure as poor demand and currency markets sent prices lower over the past few weeks.

  • Pull-A-Part planning to open Pa. retail facility

    Jul 25, 2014 | 05:13 PMRey Mashayekhi

    Auto parts recycler Pull-A-Part LLC will open a site in West Mifflin, Pa., its first location in the northeastern United States.

  • Downturn squeezes secondary margins

    Jul 25, 2014 | 04:51 PMSean Davidson

    Secondary aluminum smelters and iron foundries suffered big drops in revenue in 2012, while can manufacturers recorded improved revenue compared with 2007, according to the 2012 Economic Census.

Supply Chain RSS

  • Encore's net slides due to tighter wire margins

    Jul 28, 2014 | 10:00 AMSaranya Kapur

    Encore Wire Corp.’s second-quarter earnings fell 34.5 percent year on year even as sales rose 6.1 percent.

  • Nexans returns to profit in first half

    Jul 28, 2014 | 09:30 AMSaranya Kapur

    Nexans SA returned to the black in the first half despite a weak U.S. construction sector that prompted a drop in first-half cable sales to the North American building market.

  • Odom Industries heading for auction

    Jul 25, 2014 | 06:55 PMMichael Cowden

    Metal fabricator Odom Industries Inc. has filed for Chapter 11 bankruptcy protection as it looks to restructure ahead of an Aug. 21 auction.

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