• At least 12 die in Bolivian tin mine dispute Oct 06, 2006

    A fight between cooperative miners and mine workers over control of the Huanuni tin mine in Boliva’s Oruro region has left at least 12 people dead and 57 others injured.

  • Global metal supply poised to outstrip demand Mitsui Oct 06, 2006

    Global metal supply has expanded just enough to meet Chinese-led demand growth but will overtake consumption in the latter part of 2007, leading to small surpluses, Mitsui Bussan Commodities Ltd. predicts.

  • LME members hoping longer kerb trading will eliminate ‘chaos’ Oct 06, 2006

    London Metal Exchange members say longer afternoon kerb trading, due to be introduced next month, could help resolve problems that have emerged in recent years that make trading conditions increasingly difficult and cause erratic price swings.

  • US manufacturing sector losing momentum Oct 06, 2006

    Economic activity in the U.S. manufacturing sector increased in September for the 40th consecutive month and the overall economy expanded for the 59th month in a row, according to the latest business report from the Institute for Supply Management, Tempe, Ariz.

  • American Axle to cut jobs via worker buyouts Oct 06, 2006

    Automotive parts supplier American Axle & Manufacturing Holdings Inc., Detroit, said it will reduce its work force by offering a special attrition program to all 6,000 employees represented by the United Auto Workers union at several plants in Michigan and New York.

  • US talks softly, for now, on China action Oct 06, 2006

    U.S. government officials are looking forward to talking with their Chinese counterparts in mid-October about economic and trade issues, but they are planning to do so with a variation of an old adage.

  • Forged parts maker Hephaestus sells minority stake to Mitsubishi Oct 04, 2006

    Forged parts manufacturer Hephaestus Holdings Inc., Chicago, has sold a minority equity interest to Japan’s Mitsubishi Corp. for undisclosed financial terms.

  • Samuel carbon plate reorganization puts Balaz at Manu-Tech unit helm Oct 04, 2006

    Samuel, Son & Co. Ltd., Mississauga, Ontario, is reorganizing its carbon plate businesses, with Rick Balaz, president of its Samuel Plate Sales unit, moving to publicly traded sister company Samuel Manu-Tech Inc.

  • Commodity parts help Toyota save Oct 03, 2006

    Toyota Motor Corp. has saved about $1,000 per vehicle during the past five years through commonization of commodity components, according to a study that found a $2,400-per-vehicle profit disadvantage for the three domestic automakers.

  • China’s officials correct errors in new export tax rebate policy Oct 03, 2006

    Beijing has made several corrections to the export tax rebate policy announced last month after finding a number of mistakes in the original list.

  • Whirlpool plant reorganization to result in extra 1,200 job cuts Oct 03, 2006

    Appliance manufacturer Whirlpool Corp., Benton Harbor, Ind., will lay off about 500 workers at its Evansville, Ind., plant and 700 at its Fort Smith, Ark., plant as part of an ongoing effort to optimize regional manufacturing facilities.

  • Buyout specialist Weatherly Group acquires Defiance Metal Products Oct 03, 2006

    Vehicle parts manufacturer Defiance Metal Products Co., Defiance, Ohio, has been sold for an undisclosed price to an affiliate of New York-based buyout company Weatherly Group LLC.

  • Lower natural gas prices calm metal industry’s energy cost concerns Oct 02, 2006

    Natural gas costs should be less of a problem for metal players this winter as prices continue to slide, with the Natural Gas Supply Association (NGSA) predicting lower prices than last year in its annual outlook.

  • Chinese growth facing obstacles, not threats Sep 29, 2006

    Although there are several obstacles to sustained Chinese growth during the next few years, none of them are likely to put a major dent in China’s economic expansion, as the nation continues to thrive on the world economic stage, according to David Abramson, managing editor for BCA Research, a Montreal-based investment research company.

  • NAM votes against Ryan-Hunter Sep 29, 2006

    The National Association of Manufacturers’ International Economic Fair Policy Group Thursday voted against supporting legislation introduced by Rep. Tim Ryan (D., Ohio) and Rep. Duncan Hunter (R., Calif.).

  • Schumer-Graham bill to impose punitive tariff on China stalls out Sep 29, 2006

    There will be no vote on a bill that seeks to enact a 27.5-percent tariff on all imports from China, key lawmakers said Wednesday.

  • Energy’s steady price slide fails to pull plug on steel’s oilfield outlook Sep 29, 2006

    Natural gas, oil and gasoline prices have eased steadily during the past few weeks, but steel industry executives believe the energy and power-generation markets are still good places to find customers.

  • Certification program targets worker skills Sep 29, 2006

    A new program to train and certify skilled workers drew praise from the National Association of Manufacturers (NAM), the United Steelworkers union and large U.S. manufacturers at a press conference last week.

  • Quadrem merges S. African unit Sep 28, 2006

    Quadrem International BV has merged its South African subsidiary with South Africa-based TradeWorld, a unit of Tactical Software Systems Pty Ltd., to form the world’s largest black-owned digital marketplace.

  • Denman & Davis adds Oliver saw Sep 27, 2006

    Service center Denman & Davis Inc., Clifton, N.J., has installed an upgraded 12-foot Oliver saw in its Albany, N.Y., facility to increase its capacity for production of saw-cut steel by 25 percent.

  • Doha Round’s halt a setback, not end Lamy Sep 25, 2006

    Pascal Lamy, the World Trade Organization’s director-general, said Monday that with the suspension of the Doha Round, the world may have missed out on a “major, maybe unique,” opportunity to integrate more vulnerable economies into international trading and make strides to end poverty.

  • Marmon beefs up services, staff Sep 25, 2006

    Marmon/Keystone Corp., Butler, Pa., is expanding value-added service offerings and has added employees at branches in seven cities.

  • O’Neal standardizes data-access software to provide real-time info Sep 25, 2006

    Service center group O’Neal Steel Inc., Birmingham, Ala., has standardized enterprise-wide on a platform for data integration and data-access software to provide real-time unified data views to its strategic and operational decision makers.

  • Canam Group planning to close manufacturing plant in Quebec Sep 25, 2006

    Construction fabricator Canam Group Inc., Saint-Georges, Quebec, will close its St. Joseph de Beauce, Quebec, plant Wednesday, blaming a major drop in demand in the apartment and condominium market in both Quebec and Ontario.

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