• Energy bill sails through House; auto on board Dec 06, 2007

    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.

  • Consolidation, internationalization changing nature of logistics exec Dec 05, 2007

    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.

  • Slowing US economy, output cuts help to ease some transport woes Dec 05, 2007

    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.

  • Infrastructure failing to keep pace with needs Dec 05, 2007

    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.

  • Demand pushing ocean freight rates higher Dec 05, 2007

    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.

  • Contentious energy bill on move as renewables eyed Dec 05, 2007

    A controversial energy bill could come up for a critical committee vote as soon as Thursday, a Capitol Hill insider told AMM late Wednesday.

  • Byrd’s last blast Timken receives $11.5M payment Dec 04, 2007

    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.

  • Tata Steel sets Mozambique coal venture Dec 03, 2007

    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.

  • ConocoPhillips eyeing $30B gas pipeline Dec 03, 2007

    ConocoPhillips has submitted a proposal to build a $30-billion natural gas pipeline that could one day stretch from Alaska to Chicago.

  • Delphi gets court OK on chassis unit sale Dec 03, 2007

    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.

  • Comment period on Chinese firms’ market status extended Dec 03, 2007

    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.

  • Novelis supplying sheet for GM hybrid SUVs Dec 03, 2007

    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.

  • Bolton slices brass rod, buybacks Nov 29, 2007

    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.

  • US lawyer joining WTO Appellate Body Nov 28, 2007

    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.

  • Ford’s sale of Jaguar, Land Rover units seen driving supply changes Nov 28, 2007

    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.

  • Dana secures $2 billion in funding; sees Ch. 11 exit by end of January Nov 28, 2007

    Financially troubled auto parts maker Dana Corp. has secured $2 billion in bankruptcy exit financing.

  • Beijing Auto buying mill stake to secure feed Nov 28, 2007

    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.

  • ‘Green’ theme to dominate OECD meet Nov 27, 2007

    Environmental issues will take center stage at the next meeting of the Organization for Economic Cooperation and Development (OECD) Dec. 3-4 in Paris.

  • CVRD mulling Malaysia, China pellet plants Nov 27, 2007

    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.

  • Mining sector credit tightens as ratings languish, S&P says Nov 26, 2007

    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.

  • Cami auto output cut could slice 500 jobs Nov 26, 2007

    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.

  • N. American steel finds Europe buyers; some see door closing Nov 21, 2007

    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.

  • USW in tentative CN Railway labor deal as expiration nears Nov 21, 2007

    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.

  • Paulson to conduct high-level trade talks in China Dec. 12-13 Nov 21, 2007

    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).

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