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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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Financially troubled auto parts giant Delphi Corp. is one step closer to emerging from bankruptcy protection, but that doesn’t mean it will be ramping up production and buying more metal from North American mills, analysts said.
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U.S. automakers plan big changes in the wake of their new labor deals with the United Auto Workers (UAW) union, but 2008 won’t be an easy time to make them, analysts at Standard & Poor’s said Tuesday.
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Opposition to the proposed takeover of Rio Tinto by BHP Billiton appears to be mounting, with the China Iron and Steel Association (Cisa) claiming the move would be harmful to international trade.
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The New York Mercantile Exchange plans to launch two new commodity index products in February 2008, the exchange said Monday.
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Ford Motor Co. will spare several plants from closure as part of its new contract with the United Auto Workers union, but that doesn’t mean North American suppliers to the company are in the clear.
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Ford Motor Co. aims to use more aluminum and high-strength steel as part of a wide-ranging bid to cut emissions and increase fuel efficiency in its vehicles.
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AMM will be closed Nov. 22 and Nov. 23 in observance of Thanksgiving. The London Metal Exchange will be open both days. The New York Mercantile Exchange will be closed Nov. 22 but will be open Nov. 23. AMM will carry holiday pricing from both exchanges in the Nov. 27 issue.
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The loss of U.S. manufacturing jobs to China could be halted if the Chinese currency strengthened to a rate of around 6 yuan to the dollar, Keith Busse, president and chief executive officer of Steel Dynamics Inc., Fort Wayne, Ind., said.
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Specialty steels provider Ugitech USA, Doylestown, Pa., is expanding its distribution network by adding stocking locations in Cleveland and Toronto.
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Canada’s Magna International Inc. plans to build a $500-million plant in Russia to assemble cars made by Chrysler LLC, according to Russian media, but both Magna and Chrysler have disputed the reports.
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Logistics companies are facing rising costs as the industry’s labor shortage deepens and oil prices flirt with $100 a barrel, according to Michael A. Regan, chairman and chief executive officer of TranzAct Technologies Inc.
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Of all the exhibits at last month's annual meeting of the International Titanium Association in Orlando, Fla., it's probably safe to say that none drew more attention than a small, unpretentious display off the beaten path that was noteworthy in its own way a 115-pound coffin.
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The Doha Round of World Trade Organization (WTO) multilateral trade talks are entering a “critical phase,” where either an agreement will be finalized or negotiations will collapse once and for all, a delegation of U.S., European and Chinese manufacturing interests said.
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The U.S. trade deficit came in at $56.5 billion for September, down slightly from $56.8 billion in August and below analyst expectations.
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Andrew G. Sharkey III, president and chief executive officer of the American Iron and Steel Institute, will testify before the Senate Committee on Environment and Public Works Tuesday on legislation that would establish a cap-and-trade system for controlling greenhouse gas emissions.
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Peru’s Labor Ministry on Wednesday declared a nationwide strike by mineworkers illegal.
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The National Association of Manufacturers (NAM) has sent a delegation to meet with top Chinese officials and business leaders in an effort to expand the dialogue on U.S.-China trade relations.
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If you want to know what price you’ll be paying for energy in the future, you’d better keep your eyes on liquefied natural gas (LNG), one energy industry expert said.
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Ford Motor Co. and the United Auto Workers (UAW) union have reached a tentative agreement covering about 54,000 U.S. employees, a move that some observers said should help make the company competitive again.
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A free-trade agreement between the United States and Peru received a critical boost when it passed out of the House Ways and Means Committee unanimously.
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The House voted 244 to 166 in favor of the Hardrock Mining and Reclamation Act Thursday despite objections from a major manufacturing association and the White House.
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Job and product cuts at Chrysler LLC will hurt mills and suppliers in the short term, but they might have a silver lining—a more flush customer in the future, analysts and industry observers said Friday.
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Citing poor market conditions, Chrysler LLC is slashing thousands of jobs and cutting four vehicles from its lineup.