Other RSS

  • SinoSteel, New Millennium ink deal to develop Labrador iron ore mine Nov 30, 2005

    Chinese metals trader SinoSteel Corp. has signed a memorandum of understanding with New Millennium Capital Corp., Montreal, to develop an existing iron ore mine in Labrador near Schefferville, Quebec.

  • Canada said at risk of losing edge in mining Nov 30, 2005

    Canada could lose its global leadership in mining because reserves were depleted during a "lost decade" of exploration, according to a senior executive at Scotia Capital, Toronto.

  • DaimlerChrysler planning van kit plant in US Nov 29, 2005

    DaimlerChrysler AG, Stuttgart, Germany, plans to invest $35 million to open an assembly plant in Ladson, S.C., to build Dodge Sprinter vans from kits shipped from Europe.

  • Hayes Lemmerz increases its stake in Turkish aluminum wheel venture Nov 29, 2005

    Hayes Lemmerz International Inc., Northville, Mich., has increased its stake in a Turkish aluminum wheel joint venture to 60 percent from 40 percent.

  • Rolls-Royce plans US engine plant Nov 29, 2005

    Rolls-Royce Plc intends to build a jet engine plant in the United States, the company said one week after unveiling plans to open a subsidiary in Bangalore, India.

  • GM foregoes 2006 price cuts on Delphi parts Nov 28, 2005

    General Motors Corp. has agreed to temporarily forego previously scheduled 2006 price reductions on components made by Delphi Corp. to help the supplier's financial situation.

  • Expanded Solutions starts trucking business Nov 28, 2005

    Expanded Solutions LLC, Oklahoma City, has formed its own trucking company as part of a broader program to contain metal transportation costs.

  • 'Any future change in monetary policy will be too little and too late' Nov 23, 2005

    U.S. policy on alleged Chinese currency manipulation must change, according to one group, and an effective trade policy with the economic giant must be created, says another group.

  • Holiday notice Nov 23, 2005

    AMM's U.S. offices are closed Thursday and Friday in observance of the Thanksgiving Day holiday. As a result, there will be no electronic (PDF) edition published Monday, Nov. 28. Price tables that normally appear in that day's edition will be published Tuesday.

  • North American auto output picks up speed Nov 23, 2005

    North American production of family vehicles totaled 1,466,073 units in October, up 1.4 percent from 1,446,391 the previous month and 6 percent ahead of 1,382,878 in October 2004, according to data from Ward's Communications.

  • Delphi asks court to extend pacts Nov 23, 2005

    Bankrupt automotive parts supplier Delphi Corp., Troy, Mich., has asked a New York bankruptcy court to extend contracts set to expire at the end of this year with as many as 11,000 of its suppliers.

  • Dana will take full ownership of Mexico units Nov 22, 2005

    Automotive components supplier Dana Corp., Toledo, Ohio, has agreed to acquire full ownership of several core joint-venture manufacturing operations in Mexico from DESC SA de CV.

  • A.M. Castle reworks debt to fund future growth Nov 22, 2005

    Service center company A.M. Castle & Co., Franklin Park, Ill., has sold $75 million in 10-year senior secured notes as part of a new long-term debt structure aimed at funding future growth.

  • Exchanges reopen after system error halts trading Nov 18, 2005

    A problem with the price reporting system caused both divisions of the New York Mercantile Exchange to briefly freeze open-outcry trading Friday.

  • Dana includes four more years in financial results restatement Nov 16, 2005

    Dana Corp., Toledo, Ohio, will restate its financial results for four additional years-2000 through 2003-as part of a recently announced review.

  • Exchanges will join forces on future projects Nov 15, 2005

    The Central Japan Commodity Exchange (C-Com) and the Dalian Commodity Exchange (DCE) in China have agreed to cooperate on future projects, including iron- and steel-related financial products, the exchanges announced Tuesday.

  • Oil, gas output on slow mend in Gulf region Nov 11, 2005

    Energy production in the Gulf of Mexico, disrupted due to hurricanes Katrina and Rita, is approaching half of normal capacity, according to the latest data from the Minerals Management Service (MMS), an agency of the U.S. Interior Department.

  • Delphi spins off spaceframe welding business Nov 11, 2005

    Automotive components manufacturer Delphi Corp., Troy, Mich., said its Delphi Technologies Inc. subsidiary has started a new welding company to commercialize the company's deformation resistance welding (DRW) technology in the mobile spaceframe market.

  • Intermet exiting Chapter 11 as private entity Nov 11, 2005

    Intermet Corp., Troy, Mich., which emerged from Chapter 11 after a court-approved reorganization plan became effective, said it will now shift into private hands.

  • Hurricanes blow construction costs higher Nov 11, 2005

    The value of new construction contracts slid 2 percent in September to a seasonally adjusted annual rate of $657.8 billion, according to the McGraw-Hill Construction division of the McGraw-Hill Cos., New York.

  • Mich. gives USS grant of $160,000 to train workers Nov 09, 2005

    U.S. Steel Corp.'s Great Lakes Works plants in Ecorse and River Rouge, Mich., have won a $160,000 training grant from the state of Michigan to upgrade the skills of 800 current employees.

  • Maytag to shutter South Carolina laundry equipment facility in '06 Nov 07, 2005

    Home appliances manufacturer Maytag Corp., Newton, Iowa, plans to close its Florence, S.C., laundry equipment facility in the first quarter of 2006 and consolidate manufacturing at other plants.

  • Consumer vehicle sales hit hard in October as discount prices end Nov 04, 2005

    The ending of "employee pricing" and deeply discounted summer auto sales resulted in a consumer backlash in October as U.S. car and truck sales volumes fell to their lowest levels in seven years and their lowest October level since 1992.

  • Rising energy costs worry manufacturers Nov 04, 2005

    Economic activity in the U.S. manufacturing sector increased in October for the 29th consecutive month, albeit at a marginally slower pace than the previous month, and the overall economy expanded for the 48th month in a row, according to the latest business report from the Institute for Supply Management, Tempe, Ariz.

Latest Pricing Trends

Poll

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

Yes
No
It’s too early to tell


View previous results

AMM Events