• W. Canadian Coal earnings slide as sales rise Aug 15, 2006

    Higher costs reduced Western Canadian Coal Corp.’s profitability during its fiscal first quarter, despite increased coal sales that helped bolster the Vancouver, British Columbia,-based company’s net sales.

  • JCI joint venture awarded USABC contract for lithium-ion batteries Aug 14, 2006

    A joint venture of Johnson Controls Inc. (JCI), Milwaukee, and Saft Groupe SA, Paris, has won a two-year contract from the U.S. Advanced Battery Consortium (USABC) to develop advanced lithium-ion batteries for hybrid-electric vehicles.

  • Niles adds expanded metals line Aug 14, 2006

    Niles Expanded Metals & Plastics has purchased an additional 10-foot expanded metals manufacturing line from Taiwanese equipment maker Agape Industries.

  • China mill orders Herr-Voss leveler Aug 14, 2006

    Herr-Voss Stamco, a Callery, Pa., subsidiary of Genesis Worldwide II Inc., has received an order from Changshu Xingyu Advance Building Material Co. Ltd. in China’s Jiangsu province for a tension leveling line.

  • American Railcar to build new facility in Arkansas Aug 11, 2006

    American Railcar Industries Inc., St. Charles, Mo., will construct a new flexible manufacturing plant in Arkansas to build tank, covered hopper and intermodal rail cars.

  • New deficit stats, the same old issue Aug 11, 2006

    Although the U.S. trade deficit eased slightly in June to a still-hefty $64.8 billion, imports from China rose sharply to $19.7 billion from $17.7 billion in May, setting off familiar alarms from U.S. manufacturers and politicians.

  • US construction activity declines in June Aug 11, 2006

    The value of new construction contracts fell 5 percent in June to a seasonally adjusted annual rate of $655.1 billion, according to the McGraw-Hill Construction division of the McGraw-Hill Cos., New York.

  • Intermet wins patent for new ductile iron Aug 09, 2006

    Automotive castings supplier Intermet Corp., Troy, Mich., has been awarded a U.S. patent for machinable austempered ductile iron (Madi), which the company described as a breakthrough material.

  • Nymex, Comex hammer out details of electronic trading rights deal Aug 09, 2006

    The New York Mercantile Exchange and its Comex division are hammering out the finer details of a Nymex offer to buy Comex’s electronic trading rights after announcing last week that it had finally reached a deal in principle.

  • Full Metal Minerals awarded lease to develop coal deposit in Alaska Aug 09, 2006

    Full Metal Minerals Ltd., Vancouver, British Columbia, has been awarded a coal lease by the Alaska Mental Health Trust covering 22,647 acres in a region containing Alaska’s only known significant deposit of metallurgical-grade coal.

  • BP scrambling all over map to locate replacement pipe Aug 08, 2006

    BP Exploration Alaska Inc., Anchorage, is on the hunt for material to replace 16 miles of pipeline, parts of which have corroded and leaked oil near the Prudhoe Bay oilfield in Alaska.

  • TRW buys Dana plant in Slovakia Aug 08, 2006

    Parts supplier TRW Automotive Holdings Corp., Livonia, Mich., has acquired the Slovakian electric motor production business of Dana Corp., Toledo, Ohio, for an undisclosed sum.

  • BP’s loss at Alaskan oilfield may be line pipe manufacturers’ gain Aug 07, 2006

    An Alaskan oil pipeline spill may be a bane to consumers’ wallets at the gas station, but it may be a boon to line pipe manufacturers.

  • ArvinMeritor plans to make trailer axles in China Aug 07, 2006

    ArvinMeritor Inc., Troy, Mich., will open a new 300,000-square-foot plant in China that initially will manufacture trailer axles and suspensions for manufacturers in China as well as export components to plants in North America and Europe.

  • Mittal Steel employees helping libraries ravaged by hurricane Aug 07, 2006

    Mittal Steel USA Inc. workers in Weirton, W.Va., are joining a nationwide campaign to help the residents of Long Beach, Miss., reopen the Long Beach Public Library and Long Beach Children’s Library, which were devastated last year by Hurricane Katrina.

  • Disturbing job data and a jab at the Fed Aug 04, 2006

    Congress got an unwelcome going-away gift before leaving for summer recess Friday a Labor Department report that the economy created just 113,000 jobs in July—the fourth consecutive month of sub-par job creation—and unemployment rose to 4.8 percent from 4.6 percent in June.

  • Nymex, Comex reach deal on trading rights Aug 03, 2006

    After months of wrangling, the New York Mercantile Exchange has reached a deal with its Comex division over Comex member rights, including electronic trading.

  • CVRD’s first-half profits grow 19.5% to $2.9B Aug 03, 2006

    CVRD’s first-half profits rose 19.5 percent year-on-year to 6.1 billion reais ($2.9 billion) in a performance the company said was consistent with its trend of improved earnings since late 2002.

  • Chinese authorities to review big fixed-asset projects started in ’06 Aug 03, 2006

    The Chinese government has ordered local authorities to implement a one-month review of investments in all large-scale projects that have been launched since the beginning of this year.

  • ADS Logistics acquires two firms in Missouri to expand its network Aug 03, 2006

    Metals industry logistics and supply chain services provider ADS Logistics LLC, Homewood, Ill., has acquired two Columbia, Mo.,-based companies with transload facilities and trucking operations. No purchase price was announced.

  • ADS Logistics adds two Missouri firms to network Aug 03, 2006

    Metals industry logistics and supply chain services provider ADS Logistics LLC, Homewood, Ill., said it had acquired two Columbia, Missouri,-based companies with transload facility and truck transportation operations.

  • Metal Bulletin’s Abbott gets nod as LME chief executive Aug 02, 2006

    Martin Abbott has been selected to become the next chief executive of the London Metal Exchange and will join the 129-year-old institution Oct. 2.

  • Senate OKs offshore drilling legislation Aug 02, 2006

    The Senate has voted 71-to-25 to reverse a 25-year-old moratorium on offshore drilling of oil and natural gas in limited areas in the Gulf of Mexico, setting up a showdown with a broader, more controversial bill passed by the House.

  • Yarde Metals purchase costs Reliance $202M Aug 02, 2006

    Reliance Steel & Aluminum Co., Los Angeles, paid $100 million in cash and assumed approximately $102 million of net debt to purchase all the outstanding common stock of Yarde Metals Inc., Southington, Conn.

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