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U.S. copper, brass and steel producers took the message that they are being forced to compete against a Chinese industry that is the recipient of lavish government subsidies to the U.S. International Trade Commission (ITC) Thursday.
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Real wages in the United States are up by 1.6 percent from last year, an improvement for 95 million working Americans representing 82 percent of the work force, according to the National Association of Manufacturers’ annual Labor Day report.
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Two and a half years ago, Tennessee Minerals LLC, Pittsburgh, was on the path to making millions.
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Aisin Automotive Casting Tennessee Inc., a unit of Japan’s Aisin Seiki Co. Ltd., is planning to spend $67 million to expand its Clinton, Tenn., facility.
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High-performance carbon and alloy steel products distributor Edgen Murray Corp., Baton Rouge, La., has purchased specialized valve and actuation packages distributor Equipment Valve & Supply Inc., Houston.
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Trade and climate change, not China, will be the main topics at the Asia-Pacific Economic Cooperation (Apec) summit this week in Australia, U.S. government officials said.
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Metals distributor Russel Metals Inc., Mississauga, Ontario, has agreed to pay about Canadian $125 million ($119 million) for JMS Metals Services Inc., Jackson, Tenn., and related companies.
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Auto parts manufacturer Dana Corp., Toledo, Ohio, has filed a reorganization plan incorporating up to $750 million in new investments, mainly from private equity firm Centerbridge Capital Partners LP.
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China’s government has questioned the U.S. Commerce Department’s use of India as a surrogate for China when calculating anti-dumping duties.
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AMM’s U.S. offices will be closed Monday in observance of the Labor Day holiday, and no issue will be published Tuesday. Prices that normally appear in Tuesday’s edition will be published Wednesday.
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Sumitomo Metal Industries Ltd., Osaka, Japan, has agreed to buy crankshaft maker Norton Manufacturing Co., Fostoria, Ohio, for about $50 million.
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ThyssenKrupp Services AG, Düsseldorf, Germany, said its ThyssenKrupp Röhm Kunststoffe GmbH unit has purchased a Dutch specialist in marketing, distribution and value-added processing of plastic semis and other custom-tailored plastic products.
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Aircraft-grade tubing, extrusions and rolled form shapes specialist Future Metals Inc., Tamarac, Fla., has replaced a 5,000-square-foot warehouse with a newly built 15,000-square-foot facility in Schelluinen, the Netherlands.
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A majority of consumers would prefer canned food over dry goods or fresh and frozen options in the event of a natural disaster, according to a survey sponsored by the American Iron and Steel Institute (AISI).
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A pair of mine safety bills are causing the steel industry some concern.
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The strong growth in the U.S. economy is being fueled by robust exports and is evidence that Congress should push through more free-trade agreements, the National Association of Manufacturers (NAM) said Thursday.
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Union officials have confirmed that General Motors Corp. plans to lay off about 1,000 workers at the company’s pickup truck plant in Oshawa, Ontario, in response to slumping market conditions.
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A federal bankruptcy court has approved a tentative contract negotiated earlier this month by Delphi Corp., Troy, Mich., with the United Steelworkers union that would cover workers at two Ohio plants.
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Hedge fund investor Harbinger Capital Partners has liquidated its 9.6-percent stake in Ryerson Inc. in three days of stock sales following the rejection of its slate of board nominees at the service center company’s annual meeting.
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Contrary to what is implied by a recent report on the decrease in the recycling rate (AMM, Aug. 24), domestic ferrous scrap consumption volumes increased by around 7 percent in 2006, suggesting that the world’s most recycled material continues to be recycled in record quantities.
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Presidential hopeful Sen. Barack Obama (D., Ill.) said the United States must take the first step in reducing greenhouse gas emissions and not rely on emerging economic powerhouses China and India to lead the way.
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Heavy equipment manufacturer Caterpillar Inc., Peoria, Ill., is making a major investment in China to build state-of-the-art small and medium diesel engines.
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Karan Bhatia, deputy U.S. Trade Representative, said Monday he will leave office in October to return to the private sector.
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It is no secret that members of the U.S. International Trade Commission (ITC) are not too happy with an April 2006 decision by the U.S. Court of Appeals for the federal circuit involving silicon metal shipments to the United States from the Bratsk aluminum smelter in Russia. Now it appears that the ITC might be trying to downplay its impact.