• EU pressures China on yuan revaluation Oct 10, 2007

    U.S. advocates for Chinese currency reform are receiving a boost from euro-zone finance ministers, even as the House and Senate appear ready to delay introducing any bills until next year.

  • Suppliers gauging impact of Chrysler strike Oct 10, 2007

    Metals suppliers to Chrysler LLC were withholding opinions on the likely impact of a strike after unionized workers walked off the job and began picketing the third-largest Detroit-area automaker Wednesday.

  • Barclays, China bank in strategic alliance Oct 10, 2007

    Barclays Bank Plc and the China Development Bank (CDB) are forming a five-year strategic alliance focused on metals, emissions and energy trading.

  • Marmon promotes Ron Lenhart Oct 10, 2007

    Tubular products distributor Marmon/Keystone Corp., Butler, Pa., has appointed Ron Lenhart national marketing manager responsible for promoting hollow structural and hot-rolled seamless tubing product lines.

  • Wünsche receives Wallis Award Oct 10, 2007

    The Electric Metal Makers Guild (EMMG) has awarded Edgar Richard Wünsche, founder and president emeritus of Engineered Metal Products Co. (Empco), the Billy Wallis Founders Award.

  • Zundel succeeds Scheinkman at Transtar unit Oct 10, 2007

    A.M. Castle & Co., Franklin Park, Ill., has named Michael Zundel to succeed Steven Scheinkman as president and chief executive officer of its Transtar Metals unit. Scheinkman will continue in an advisory capacity to the end of the year, executives said.

  • Consol beefing up fleet services via acquisition of Tri-River assets Oct 10, 2007

    Consol Energy Inc., Pittsburgh, has acquired additional transportation assets to haul its coal.

  • Clinton selects two new hires to fill top posts Oct 09, 2007

    Seven months after taking on a private equity investor, Clinton Aluminum & Stainless Steel Sales, Clinton, Ohio, has replaced the founding family’s top executive with two new hires to fill the chief executive officer and president posts.

  • Chrysler sets more worker cuts as strike deadline looms Oct 09, 2007

    Chrysler LLC, Auburn Hills, Mich., is planning to cut an additional 5 percent of its salaried and contract work force as a deadline approaches for a new contract with its unionized workers.

  • Profits up, but US firms face challenges operating in China Oct 08, 2007

    U.S. companies operating in China reported further market expansion in China this year, but say they continue to face difficulties finding qualified personnel and navigating Chinese government bureaucracy.

  • Autoworkers set Wednesday cutoff for Chrysler labor talks Oct 08, 2007

    The United Auto Workers (UAW) union has told Chrysler LLC that it has until midweek to wrap up a tentative labor contract or face the prospect of a strike by the company's almost 50,000 hourly employees, sources close to the negotiations said.

  • NRC Stockpile not meeting US security needs Oct 05, 2007

    The U.S. Defense National Stockpile Center (DNSC) is “wholly ineffective” at responding in the event of a national emergency or national security threat, according to a report by the National Research Council (NRC).

  • TriMas closing Ontario parts plant Oct 05, 2007

    TriMas Corp., Bloomfield, Mich., is closing a plant in Huntsville, Ontario, that manufactures trailer hitches and related accessories for cars and light trucks, eliminating 163 jobs.

  • Coke technology advance could be trouble for aluminum makers Oct 05, 2007

    New technology in the coke-making business won’t affect the aluminum industry in the short term but could create problems over the long haul, market participants said at a recent conference.

  • MELTING POT Pony and a smile Oct 05, 2007

    It's probably a good thing Robert Darnall chose a career in steel instead of breeding horses.

  • Vessel loaded with iron ore sinks Oct 05, 2007

    The MV Heng Tai, a Chinese cargo vessel carrying iron ore from the port of Haldia in India, sank last week about 200 miles southwest of Port Blair in the Andaman Sea.

  • US must pioneer trade advances Baucus Oct 04, 2007

    Sen. Max Baucus (D., Mont.) laid out an ambitious congressional trade agenda this week, urging the United States to pursue additional bilateral deals despite new statistics showing a public deeply skeptical about the benefits of free trade.

  • Precoat acquires Chicago Metallic subsidiary CFM Oct 04, 2007

    Precoat Metals, a division of Sequa Corp., New York, has purchased the assets of Chesapeake Finished Metals Inc. (CFM), Elkridge, Md., from ceiling systems manufacturer Chicago Metallic Corp. for an undisclosed price.

  • UAW leaders back GM labor deal; vote slated for Oct. 10 Oct 04, 2007

    United Auto Workers union local leaders have unanimously approved a tentative four-year labor deal with General Motors Corp., Detroit

  • Gibraltar closing Hubbell Steel unit, divesting assets Oct 04, 2007

    Gibraltar Industries Inc., Buffalo, N.Y., will close its Hubbell Steel service center subsidiary in Franklin Park, Ill., before the end of the year and sell the unit’s assets.

  • Agency under gun to disclose how high bidder got Minn. bridge award Oct 03, 2007

    Two companies protesting the award of a contract to rebuild the Minnesota highway bridge that collapsed in August sent a letter to the Minnesota Department of Transportation (MDOT) this week demanding it release the scoring data and technical proposals behind the bidding contest.

  • Castle sells Metal Express subsidiary for $6.7 million Oct 03, 2007

    A.M. Castle & Co., Franklin Park, Ill., has sold its Metal Mart LLC subsidiary, which has 15 locations doing small-order business as Metal Express, to a unit of Metal Supermarkets Corp., Mississauga, Ontario, for around $6.7 million.

  • Russel Metals seals JMS deal, says no major buys on horizon Oct 03, 2007

    Distributor Russel Metals Inc. has completed its $118.6-million purchase of JMS Metals Services Inc.

  • Meeting on Novamerican sale set for Oct. 31 Oct 03, 2007

    Novamerican Steel Inc., LaSalle, Quebec, said the Superior Court of Quebec has issued an interim order providing for a special shareholders meeting Oct. 31 to vote on the company’s proposed $585.2-million acquisition by Symmetry Holdings Inc., New York.

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