• Alcoa unit expands wheel warranty Sep 14, 2006

    Alcoa Inc.’s Alcoa Forged Specialty Wheels unit in Cleveland is offering an expanded lifetime limited warranty for its replacement wheel products for the automotive aftermarket. It is launching a new positioning logo and tagline to communicate the benefits of forged aluminum alloy wheels to consumers.

  • Dana to sell trailer axle business Sep 14, 2006

    Bankrupt automotive components supplier Dana Corp., Toledo, Ohio, has agreed to sell its trailer axle manufacturing business to the Hendrickson USA LLC unit of Boler Co., Itasca, Ill., for about $38 million.

  • Byrd takes another hit as CIT rules it violates protection law Sep 13, 2006

    The U.S. Court of International Trade (CIT) has ruled that the Byrd Amendment is unconstitutional because it violates the Equal Protection Amendment.

  • Massey unveils safety initiatives to prevent fires, protect workers Sep 12, 2006

    Massey Energy Co., Richmond, Va., has announced new safety initiatives designed to help prevent underground mine fires and improve mine fire response efforts.

  • Stainless may clear shadow housing cast on appliances Sep 12, 2006

    Appliance shipment growth is expected to slow to around 1 percent in 2007 from more than 4 percent in recent years in the wake of faltering new home construction and home sales, according to a forecast by Whirlpool Corp., Benton Harbor, Mich.

  • Metals USA exec quits building products group Sep 12, 2006

    Metals USA Holdings Corp.’s chairman, president and chief executive officer has added another job title to his responsibilities after Gerard Papazian, president of the company’s building products group, resigned.

  • US trade policy draws fire as deficit hits highest monthly total ever Sep 12, 2006

    Anger over U.S. trade policy is growing in tandem with the nation’s trade deficit. The U.S. deficit totaled a record $68 billion in July, up 4.9 percent from $64.8 billion the previous month, with exports declining by $1.3 billion.

  • Aerospace growth trend brings a shine to metals Sep 08, 2006

    Five years ago, when terrorist-piloted airliners hit U.S. targets and plunged the nation into a war on terror, the aerospace industry went into a nosedive.

  • Dueling offshore drilling bills on a slow path to fast track Sep 08, 2006

    A significant oil discovery deep beneath the Gulf of Mexico might breathe new life into the push to get an offshore drilling bill on the President's desk before the midterm elections, sources said.

  • US companies thrive in China but obstacles do exist survey Sep 08, 2006

    The strategy of "if you can't beat 'em, join 'em" is working well for U.S. companies that have set up shop in China, according to the U.S.-China Business Council's annual member survey.

  • US construction activity slows again in July Sep 08, 2006

    The value of new construction contracts fell 3 percent in July to a seasonally adjusted annual rate of $626.9 billion, according to the McGraw-Hill Construction division of the McGraw-Hill Cos., New York.

  • Castle completes $173.3-million purchase of distributor Transtar Sep 07, 2006

    A.M. Castle & Co. has completed its acquisition of aircraft alloy aluminum distributor Transtar Metals Inc., Torrance, Calif.

  • Natural gas contracts for upcoming winter may challenge alloyers Sep 06, 2006

    Natural gas prices settled back last week as Tropical Storm Ernesto moved eastward, but forward winter contracts show a potential return to the double-digit pricing that plagued metal markets last winter.

  • Election might prompt China to halt investment in Zambia ambassador Sep 06, 2006

    Chinese investment in Zambia could be at risk after a spat between the two countries escalated, Chinese market participants said.

  • Alcoa venture to develop battery pack system for hybrid trucks Sep 06, 2006

    Alcoa Inc., Pittsburgh, said its AFL Automotive business unit and Altair Nanotechnologies Inc., Reno, Nev., have agreed to jointly develop a battery pack system for medium-duty hybrid trucks.

  • China market economy status is far off Sep 05, 2006

    The U.S. Commerce Department has issued its full report on why it denied a request by the Chinese government to lift its designation as a non-market economy.

  • Offshore drilling debate heats up again Sep 05, 2006

    An announcement Monday of a significant oil discovery in the Gulf of Mexico came on the eve of lawmakers returning from a month-long recess to hammer out a compromise between two competing bills that seek to open the outer continental shelf to drilling.

  • Denman & Davis adds fabrication services for OEMs to offerings list Sep 05, 2006

    Denman & Davis Inc., Clifton, N.J., is launching a value-added partnership program for original equipment manufacturer (OEM) customers that will allow them to use the service center’s fabrication services earlier in the ordering process.

  • Canada eyes new initiatives to support mining industry over long haul Sep 05, 2006

    Canada’s minister of natural resources and mine ministers from Canada’s 10 provinces and three territories have agreed to develop a mining action plan that will map out initiatives critical to the long-term future of the industry.

  • China is in no hurry to invite foreign money into its lucrative futures markets Sep 01, 2006

    Companies in China gained the ability to directly utilize the London Metal Exchange for the first time in June, when the LME rolled out its Select electronic trading system to the Asian market. But Western traders are becoming increasingly frustrated that they remain locked out of futures markets in China.

  • China changes its mind and metals take a back seat to derivatives Sep 01, 2006

    The Shanghai Futures Exchange (SHFE) appears to have lost government backing for plans to launch new products, such as steel and zinc, and is instead looking for other ways to grow its business.

  • Productivity is way up, wages aren't Sep 01, 2006

    The National Association of Manufacturers' annual Labor Day Report contains good news for manufacturers but little solace for their employees.

  • Asahi Tec to acquire Metaldyne for $1.2B Sep 01, 2006

    Automotive components manufacturer Metaldyne Corp., Plymouth, Mich., has agreed to be acquired by competitor Asahi Tec Corp., Shizuoka, Japan, for about $1.2 billion, including the assumption of debt.

  • US manufacturing sector still growing Sep 01, 2006

    Economic activity in the U.S. manufacturing sector increased in August for the 39th consecutive month and the overall economy expanded for the 58th month in a row, according to the latest business report from the Institute for Supply Management, Tempe, Ariz.

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