• International Truck-UAW talks continue as labor pact expires Oct 01, 2007

    About 3,700 United Auto Workers union members at International Truck & Engine Corp. facilities in six states are continuing to work without a contract following the expiration of their previous labor agreement at midnight Sunday.

  • NAM sees sluggish economy bolstered by growing exports Oct 01, 2007

    Exports of manufactured goods will buoy the U.S. economy as it faces its slowest growth rate in five years, the National Association of Manufacturers (NAM) said in an economic forecast released Monday.

  • Kinder Morgan pays $100M for Marine Terminal assets Sep 28, 2007

    Kinder Morgan Energy Partners LP, Houston, has beefed up its network of dry bulk and ferroalloys shipping terminals with the purchase of Marine Terminal Inc.’s assets for about $100 million.

  • China flouts WTO obligations, USTR told Sep 28, 2007

    China’s continued failure to live up to its World Trade Organization (WTO) obligations remains a significant threat to U.S. businesses, metals industry representatives told a public hearing of the Trade Policy Staff Committee of the U.S. Trade Representative in Washington Thursday.

  • S&P pulls Ryerson off CreditWatch list, but downgrade still possibility Sep 28, 2007

    Standard & Poor’s Ratings Services has affirmed service center giant Ryerson Inc.’s B+ corporate credit rating and lifted the CreditWatch status imposed after the Chicago-based company agreed to be acquired by Platinum Equity LLC, Beverly Hills, Calif.

  • Sales executive named president of Worthington metal framing unit Sep 28, 2007

    Worthington Industries Inc., Columbus, Ohio, has promoted John Roberts to president of its Dietrich Metal Framing unit.

  • MELTING POT Memoirs of a titanium man Sep 28, 2007

    A 54-year veteran of the titanium industry who was instrumental in developing processing technology and whose company today is involved in the latest wave of expansion will be honored by the International Titanium Association (ITA).

  • Canadian metal producers feeling bite of strong loonie Sep 27, 2007

    Earnings at Canadian mining companies are being squeezed as the value of the Canadian dollar, up 15 percent since the beginning of this year, topped the U.S. dollar this week for the first time in 31 years.

  • GM-UAW labor deal minimizes metals damage Sep 26, 2007

    The brevity of the strike against General Motors Corp. will limit any impact that a more prolonged work stoppage might have had on the economy and metals suppliers, analysts said.

  • J.P. Morgan receives government nod for futures venture in China Sep 26, 2007

    New York-based investment bank J.P. Morgan Chase & Co. has received approval from China’s securities regulator to set up a joint venture with Zhongshan Futures Co. Ltd. to provide futures execution and clearing in China, a Zhongshan Futures executive confirmed.

  • ThyssenKrupp Waupaca earmarks $162M to grow Tenn. castings plant Sep 25, 2007

    Iron castings maker ThyssenKrupp Waupaca Inc., Waupaca, Wis., plans to spend $162 million to expand its Etowah, Tenn., operation.

  • American Tank gets low-interest loan from Ohio to help it expand Sep 25, 2007

    American Tank & Fabricating Co., Cleveland, has received a $1.54-million low-interest loan from the state of Ohio.

  • Losers of bridge design competition cry foul Sep 24, 2007

    The Minnesota Department of Transportation’s selection of Flatiron Constructors Inc. and Manson Construction, a joint venture from Colorado and Seattle, to build the Interstate 35W replacement bridge has sparked a protest from two of the losing designers and the National Steel Bridge Alliance.

  • Senate committee greenlights Peru FTA Sep 21, 2007

    Proponents of expanded Latin American trade scored a victory Friday when the Senate Finance Committee voted 18-3 to report its recommendations regarding draft legislation to implement the Peru free-trade agreement.

  • Views differ on impact of trade with China Sep 21, 2007

    Little has changed in China since AMM first hosted a conference covering topics related to the country and its steel industry, according to U.S. steel producers. They say that currency manipulation and illegal subsidies continue to support China’s steel industry at the expense of American manufacturing jobs.

  • MELTING POT Bullet train Sep 21, 2007

    The recent reopening of a stretch of MRS Logistica SA's "Steel Railway" that runs into the port of Rio de Janeiro provided a bit more excitement than your average railfan trip.

  • NAM coalition tackles transportation bill Sep 20, 2007

    The first meeting of the National Association of Manufacturers’ new infrastructure coalition generated a large turnout but little tangible progress, sources who attended the meeting said.

  • Korea pact would benefit US overall ITC Sep 20, 2007

    The U.S. International Trade Commission (ITC) issued a report Thursday which said that if the U.S.-South Korea free-trade agreement (FTA) is fully implemented, it would affect the trade and investment relationship between the two nations “substantially.”

  • Wuhan signs long-term iron ore shipping deal Sep 20, 2007

    China’s Wuhan Iron & Steel Co. Ltd. has signed a long-term contract with Zodiac Maritime Agencies Ltd., London, to ship about 3 million tonnes of iron ore from Brazil to China annually.

  • WTO sets Oct. 4 forum on appellate body Sep 19, 2007

    The World Trade Organization’s appellate body will host a public forum Oct. 4 in Geneva to examine its role in the multilateral trading system.

  • Great Lakes’ July shipments of iron ore fall by 6.7 percent Sep 19, 2007

    Shipments of iron ore on the Great Lakes/St. Lawrence Seaway system continue to decline, according to the Lake Carriers’ Association, Cleveland.

  • Ryerson’s shareholders to vote on $2B Platinum Equity buyout Sep 18, 2007

    Service center giant Ryerson Inc. has scheduled a special stockholder meeting Oct. 17 to vote on the $2-billion plan to merge with an affiliate of Platinum Equity LLC, Beverly Hills, Calif.

  • Ranger Steel Supply’s fourth service center opens in Calif. Sep 18, 2007

    Ranger Steel Supply Corp., Houston, has opened its fourth U.S. facility on a five-acre site straddling the border of Fontana and Bloomington, Calif., executives said.

  • Execs urge US and China to level trade playing field Sep 17, 2007

    Paul Revere sounded an alert to colonists that the British were coming just prior to the start of the American Revolution. Of course, by the time Revere sounded his warning the British were already in the colonies and war was in the offing.

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