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A landmark energy bill approved by the House of Representatives Thursday would impose a strict new fuel efficiency standard, but many automakers appear grudgingly ready to accept the challenge.
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Consolidation among major metals producers and the emergence of international players has changed shipping and logistics patterns, according to W. Pat Wallace, senior vice president of Pittsburgh Logistics Systems Inc.
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The weakening U.S. economy and a related production slowdown are making truck transportation of metals much easier than this time last year, several trucking and metals-related company representatives said on the sidelines of AMM's second annual Moving Metals Conference in Atlanta.
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Improvements in U.S. infrastructure have not kept pace with the logistics needs of the metals industry and other sectors, Jim Pacileo, director of Informa ShipNet Services, said on the sidelines of AMM’s second annual Moving Metals Conference in Atlanta.
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Ocean freight providers are facing new pricing, capacity and customer challenges as demand grows in line with the increase in international trade, according to ocean trade executives.
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A controversial energy bill could come up for a critical committee vote as soon as Thursday, a Capitol Hill insider told AMM late Wednesday.
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U.S. metal companies are reaping their final benefits from the Continued Dumping and Subsidy Offset Act, better known as the Byrd Amendment, which officially had its wings clipped earlier this year.
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Tata Steel Ltd. is shoring up its raw materials by creating a joint venture to develop a coal mine in Mozambique. Tata and Riversdale Mining Ltd., Sydney, Australia, signed an agreement to develop a hard coking and thermal coal project at key coal exploration tenements held by Riversdale.
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ConocoPhillips has submitted a proposal to build a $30-billion natural gas pipeline that could one day stretch from Alaska to Chicago.
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Bankrupt auto parts supplier Delphi Corp. has received court approval to sell its chassis business to a unit of TRW Automotive Holdings Corp., according to media reports.
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The U.S. Commerce Department’s request for public comment on whether to consider granting market-economy status to individual Chinese companies has been extended until Dec. 10.
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Novelis Inc. is entering the hot hybrid vehicle market, the latest shot in the perpetual battle between steel and aluminum suppliers to the auto industry.
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Bolton Metal Products Co., Bellefonte, Pa., has lowered its metal value for alloy 360 brass rod by 18 cents a pound to $2.95 at its Bellefonte operations and to $2.90 at its Santa Fe Springs, Calif., site.
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The World Trade Organization (WTO) has appointed four new judges to its seven-member Appellate Body, including Jennifer Hillman, an Indiana Democrat who served on the U.S. International Trade Commission (ITC) from August 1998 to December 2006.
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India’s Tata Motors Ltd. has emerged as the apparent frontrunner in bidding for Ford Motor Co.’s Jaguar and Land Rover brands. A new owner could bring changes to the supply chain for the companies, several analysts said, although not in the near term.
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Financially troubled auto parts maker Dana Corp. has secured $2 billion in bankruptcy exit financing.
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Beijing Automobile Investment Holdings Co. has agreed to buy a stake in Beijing Shougang Co.’s Shunyi cold-rolling mill in order to secure supplies for its automotive subsidiary.
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Environmental issues will take center stage at the next meeting of the Organization for Economic Cooperation and Development (OECD) Dec. 3-4 in Paris.
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Brazil’s Cia. Vale do Rio Doce (CVRD) is studying plans to invest in new pellet plants in Malaysia and China, José Carlos Martins, CVRD’s ferrous director, said at an investor presentation in Paris.
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The runaway success of many large mining and metal companies coupled with high metal prices made borrowing for expansions and acquisitions easier, but those funds are now beginning to dry up, according to Standard & Poor’s, the New York-based ratings service.
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Cami Automotive Inc. plans to scale back vehicle production next spring as Canadian assembly plants feel the pinch of a slowing U.S. auto market.
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LONDON — Traders of hot-rolled coil in the European Union have received a flurry of offers from steelmakers worldwide but say they still favor intra-European trade.
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The United Steelworkers union has reached a tentative agreement with Canadian National Railway Co. a little more than a month before the current agreement is due to expire.
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Treasury Secretary Henry M. Paulson Jr. will lead a delegation to China next month for a meeting of the U.S.-China Strategic Economic Dialogue (SED).