Other

  • NAM strikes back at ‘puppet’ criticism Nov 22, 2006

    The National Association of Manufacturers (NAM) has shot back at criticism that it has become a puppet organization for large, multinational companies and cast aside the concerns of smaller, domestic manufacturers.

  • Some issues at Delphi resolved, but talks are far from over UAW Nov 22, 2006

    Delphi Corp., Troy, Mich., and the United Auto Workers union have resolved some issues, but limited talks have left their negotiations far from complete.

  • All the pieces are in place for a light metal romp . . . or are they? Nov 22, 2006

    Aluminum and magnesium die casters and others involved with light metals used in automotive manufacturing are optimistic about future uses of those materials despite problems that have led a major magnesium producer to abandon the market.

  • North American auto output picks up speed Nov 22, 2006

    North American production of family vehicles totaled 1,302,496 in October, rebounding 6.2 percent from 1,225,921 the previous month but still 11.6 percent behind the year-earlier pace of 1,474,208, according to data from Ward’s Automotive Group.

  • SMS Mevac wins contract for Chinese plant Nov 22, 2006

    China Shougang International Trade & Engineering Corp., Beijing, has awarded a contract to SMS Mevac GmbH, Düsseldorf, Germany, for the supply of a Duplex reverse Hoogsteen (RH) recirculation degassing plant with two treatment positions.

  • Nymex, LME to square off in December e-mini battle Nov 21, 2006

    The New York Mercantile Exchange will go head-to-head against the London Metal Exchange in December with its planned e-mini electronic contracts after members of its Comex metals division voted overwhelmingly in favor of Nymex’s offer for its electronic trading rights.

  • Thanksgiving holiday notice Nov 21, 2006

    AMM’s offices will be closed Thursday, Nov. 23, and Friday, Nov. 24, in observance of the Thanksgiving holiday. The next issue of AMM’s electronic (PDF) edition will be dated Monday, Nov. 27, and contain prices through Wednesday, plus the weekly Steel Base Prices page. Pricing data from Thursday and Friday will be published Tuesday, Nov. 28.

  • LME introducing revised ring and kerb times Nov 20, 2006

    The London Metal Exchange is revising ring and kerb times for the afternoon open outcry trading session.

  • Honk twice if US steel tags are too high Nov 17, 2006

    The domestic steel industry no longer needs protection from imports, leaders of the Big Three automakers—General Motors Corp., Detroit, DaimlerChrysler Corp., Auburn Hills, Mich., and Ford Motor Co., Dearborn, Mich.—said in a meeting with President Bush last week.

  • Is China cheating on the WTO? A new report counts the ways Nov 17, 2006

    China has been inconsistent in meeting its World Trade Organization (WTO) commitments, and the U.S.-China Economic and Security Review Commission is urging the U.S. Trade Representative (USTR) to file cases against the country over intellectual property rights.

  • History is hampering efforts by Hamilton's hedge fund owner to sell Nov 17, 2006

    In steel, there has to be some give and take to seal a deal or it might just snap back in your face.

  • Service center steel inventories, shipments up in October MSCI Nov 17, 2006

    Steel stocks held by U.S. service centers increased for the 11th consecutive month in October to a record 16.8 million tons, but the Metals Service Center Institute (MSCI) said that judging by historic patterns they might have reached their peak.

  • Tower Automotive estimates Ind. plant closure cost at $19.6 million Nov 16, 2006

    Bankrupt automotive body structures manufacturer Tower Automotive Inc., Novi, Mich., said the closure of its Kendallville, Ind., plant will cost an estimated $19.6 million.

  • Caterpillar completes acquisition of joint-venture business in India Nov 16, 2006

    Heavy equipment manufacturer Caterpillar Inc., Peoria, Ill., has acquired a former joint-venture engine operation in Mathagondapalli, Hosur, India, as part of a plan to improve operations in Asia.

  • Caterpillar completes buy of joint venture business in India [UPDATE] Nov 16, 2006

    Heavy equipment manufacturer Caterpillar Inc., Peoria, Ill., said it had acquired a former joint-venture engine operation in Mathagondapalli, Hosur, India, as part of a plan to improve operations in Asia.

  • Bekaert shutting tire cord facility Nov 16, 2006

    Belgian wire products producer Bekaert SA is closing its advanced wire products facility in Dyersburg, Tenn., laying off about 200 people in the process.

  • Uncertainties cloud fate of offshore drilling bill Nov 16, 2006

    The prospects of an offshore drilling bill moving through Congress during the current lame duck session got a little dimmer this week.

  • Alcoa appoints Lucot controller Nov 16, 2006

    Alcoa Inc., Pittsburgh, has named Joseph R. Lucot vice president and corporate controller.

  • Cosma buys Poland’s VAB in move to lift European stamping capacity Nov 16, 2006

    Cosma International Inc., a unit of automotive metal-forming supplier Magna International Inc., Aurora, Ontario, has purchased Poland’s Vyroba Automotivnych Blotnikov (VAB) in a move to expand its stamping capacity in Eastern Europe.

  • Caterpillar buys Indian joint venture business Nov 16, 2006

    Heavy equipment manufacturer Caterpillar Inc., Peoria, Ill., said it has acquired a former joint-venture engine operation in Mathagondapalli, India, as part of a plan to improve operational excellence in Asia.

  • US prosecutors add charges vs. ex-Refco execs Nov 15, 2006

    U.S. prosecutors have expanded their charges against the former chief executive and chief financial officer of New York-based commodities brokerage Refco Inc.

  • IMA offering two academic classes Nov 14, 2006

    The International Magnesium Association (IMA), Wauconda, Ill., is adding two new associate member categories for students and universities in what the group says is an effort to reach out to academia.

  • Man Ferrostaal’s Julius schedules retirement after steel unit revamp Nov 14, 2006

    Helmut Julius, a member of Man Ferrostaal AG’s executive board in charge of supply chain solutions, will retire following news that the Essen, Germany,-based company intends to reduce its involvement in steel trading.

  • It’s a new ball game in D.C., and this time the field could be level Nov 13, 2006

    Shockwaves from last week’s historic midterm elections are still being felt throughout Washington. The shift of power to the Democrats means a new direction on trade, energy and transportation. It’s too early to say just how things will play out, but all signs point toward a showdown with the White House on issues critical to steel.

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