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AMM’s offices will be closed Monday, Feb. 18, in observance of Presidents Day, and there will be no issue dated Tuesday, Feb. 19. The New York Mercantile Exchange also is closed Monday. London Metal Exchange prices for Feb. 18 will appear in the Feb. 20 issue.
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Merger and acquisition activity in the metals sector reached a total value of $10.7 billion in the fourth quarter of 2012—a solid increase after three quarters of decline but a decline from year-ago period—while the number of deals valued at $50 million or more increased markedly, according to a report by PricewaterhouseCoopers LLP (PwC).
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The domestic tube and pipe industry will file trade cases when it is assured of more success, according to one trade lawyer.
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The Commerce Department’s International Trade Administration (ITA) has received requests to conduct administrative reviews of various trade cases, including anti-dumping and countervailing duty orders on hot-rolled carbon steel flat products from India and an anti-dumping duty order on hand trucks and parts from China.
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Due to technical difficulties, we have removed the “E-mail a Friend” function from our website and taken away the ability to e-mail comments to colleagues. We hope to have the issue resolved as soon as possible and apologize for any inconvenience.
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AMM’s offices will be closed Monday, Jan. 21, in observance of Martin Luther King Jr. Day. There will be no daily issue dated Jan. 22. The New York Mercantile Exchange will also be closed. London Metal Exchange prices for Jan. 21 will appear in the Jan. 23 issue of AMM.
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he U.S. primary metals industry logged both industrial production index and capacity utilization gains in December, rising by 2.8 points and 2.1 points, respectively, from November, according to data from the Federal Reserve Board.
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The U.S. trade deficit for iron and steel mill products jumped 37.2 percent to $833 million in November after falling more than 15 percent to $607 million in October, as exports recorded a $52-million drop and imports increased by $174 million.
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Steel arriving at U.S. ports through December was poised to hit an 11-month low, due to major volume declines across most finished steel products.
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The U.S. International Trade Commission (ITC) has revised its schedule for the final phase of the anti-dumping and countervailing duty investigation of large residential washers from Mexico and South Korea.
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The Commerce Department did not receive adequate substantive responses to the November 2012 initiation date of sunset reviews of anti-dumping duty orders on hot-rolled carbon steel flat products from China, India, Indonesia, Taiwan, Thailand and Ukraine and countervailing duty orders on the same product from India, Indonesia and Thailand.