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  • Novamerican denies investigation Mar 10, 2005

    Steel and aluminum processor and distributor Novamerican Steel Inc., Montreal, said there was "no basis whatsoever" for what it described as false rumors posted on the Internet that the company is being investigated for fraud.

  • Powerlasers union ratifies labor agreement Mar 07, 2005

    An agreement between the United Steelworkers union and Powerlasers Ltd., a Concorde, Ontario, unit of Dofasco Inc., has been ratified by a 75-percent majority of the 60 employees.

  • Hayes Lemmerz planning to close aluminum wheel plant in California Mar 03, 2005

    Hayes Lemmerz International Inc. is shutting its aluminum wheel manufacturing facility in La Mirada, Calif., and transferring production to its Huntington, Ind., plant.

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What is causing the most weakness to the U.S. metals industry?

Imports
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Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


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