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  • W. Canadian Coal mulls more buys Dec 31, 2008

    Western Canadian Coal Corp. could use a planned takeover of shareholder Cambrian Mining Plc as a springboard for additional acquisitions in the metallurgical and steam coal sector, according to David Jan, the company’s manager of investor relations and corporate development.

  • New security program not seen causing port delays Dec 31, 2008

    The U.S. Transportation Security Administration’s (TSA’s) new Transportation Worker Identification Credential (TWIC) program—which requires port workers and visitors such as truck drivers to have a biometric, chip-imbedded identification card to enter—is not expected to delay inbound or outbound metals shipments, industry sources say.

  • Talks to avert labor strike at Canada ports run on Dec 31, 2008

    Mediated labor contract talks are continuing in an effort to avoid a crippling work disruption by longshoremen at Canada’s West Coast ports, with both union and management so far refraining from issuing notice of imminent strike or lockout action.

  • Melting Pot Dec 31, 2008

    When seconds count

  • Talks to avoid labor strike at Canada ports ongoing Dec 31, 2008

    Mediated labor contract talks are continuing in an effort to avoid a crippling work disruption by longshoremen at Canada’s West Coast ports, with both union and management so far refraining from issuing notice of imminent strike or lockout action.

  • Canadian truckers opt for strike vote Dec 30, 2008

    Truckers hauling freight to the Port of Vancouver, British Columbia, last week voted unanimously to support their union bargaining committee and hold a strike vote next month in efforts to negotiate new contracts.

  • Holiday notice Dec 30, 2008

    AMM’s offices will be closed Jan. 1 in observance of New Year’s Day and there will be no issues dated Jan. 1 or 2.

  • Chicago price index hits 59-year low Dec 30, 2008

    Further indications of the weakness of the economy emerged Tuesday, as members of the Chicago chapter of the Institute for Supply Management (ISM) reported that an index of prices paid reached a 59-year low and order backlogs reached a 28-year low this month.

  • Vancouver port threat grows as truckers opt for strike vote Dec 30, 2008

    Truckers who haul freight to the Port of Vancouver, British Columbia, last week voted unanimously to support their union bargaining committee and hold a strike vote next month in efforts to negotiate new contracts.

  • CN gets STB’s nod on EJ&E buy, with extra mitigation Dec 29, 2008

    Canadian National Railway Co. (CN) received the U.S. Surface Transportation Board’s (STB’s) stamp of approval last week on its $300-million acquisition of rail lines from U.S. Steel Corp., Pittsburgh, but said it was “disappointed” with extra mitigation stipulated in the decision.

  • Moody’s downgrades auto parts supplier BorgWarner Dec 29, 2008

    Moody’s Investors Service has downgraded the senior unsecured debt of parts supplier BorgWarner Inc., noting that the company could face further ratings downgrades because of the “eroding outlook” for the auto parts industry.

  • Holiday notice Dec 24, 2008

    AMM’s offices will be closed Jan. 1 in observance of New Year’s Day and there will be no issues dated Jan. 1 or 2.

  • MELTING POT The day the music stopped Dec 24, 2008

    No fat ladies in this group, but the opera is over. After nearly 73 years, the “Singing Men of Steel” have performed for the last time.

  • Another 1 million job cuts expected in ’09 Challenger Dec 23, 2008

    Despite planned job-creation initiatives by President-elect Barack Obama, job market conditions are expected to remain bleak in 2009, according to Chicago-based outplacement consultancy Challenger, Gray & Christmas Inc.

  • Port expansion sparks lawsuit Dec 23, 2008

    Housing advocates have filed a lawsuit that threatens to delay Mississippi’s plans to invest $600 million to expand the Port of Gulfport, Miss.

  • Siemens admits corruption charges, fined $1.33 billion Dec 23, 2008

    Siemens AG will pay more than $1.33 billion in fines in the United States and Germany to settle corruption charges.

  • Another 1 million job cuts expected in ’09 Challenger Dec 23, 2008

    Despite planned job-creation initiatives by President-elect Barack Obama, job market conditions are expected to remain bleak in 2009, according to Chicago-based outplacement consultancy Challenger, Gray & Christmas Inc.

  • Industry groups welcome new USTR Dec 22, 2008

    Major metals and manufacturing trade associations greeted the nomination by President-elect Barack Obama of former Dallas Mayor Ron Kirk to U.S. Trade Representative (USTR) with cautious optimism.

  • Holiday notice Dec 19, 2008

    AMM’s offices will be closed Dec. 25 and 26 in observance of the Christmas holiday and there will be no issues dated Dec. 25 or 26.

  • Mining groups welcome Salazar as Interior Secretary Dec 19, 2008

    Mining trade association officials are pleased with President-elect Barack Obama’s nomination of Sen. Ken Salazar (D., Colo.) as Secretary of the Interior, although the move was not welcomed by some environmentalists who favored Rep. Raul Grijalva (D., Ariz.).

  • MELTING POT Red metal for the holidays Dec 19, 2008

    Looking for the perfect stocking stuffer? Or just a pair of stockings? Copper, used for centuries for its germ-fighting and anti-fungal properties, is now being used in the production of socks in the copper-heavy country of Chile.

  • BREAKING NEWS All Chrysler manufacturing slated for month-long idling Dec 17, 2008

    Faced with a steep decline in auto sales, Chrylser LLC said late Wednesday that it will idle all of its manufacturing facilities for at least a month.

  • Metalformers expect difficult first quarter Dec 17, 2008

    Metalforming companies in the United States and Canada are marginally more optimistic than they were a month ago, but they still expect business conditions to remain difficult during the first quarter, according to the Precision Metalforming Association (PMA), Independence, Ohio.

  • S&P cuts ratings for Xstrata, Glencore Dec 16, 2008

    Standard & Poor’s Ratings Services (S&P) has cut ratings for Xstrata Plc and said it expects the sorry state of the global economy and continued weakness in commodity prices to cut profits and cash flow in 2009

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