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Too bad the team that constructed Timken Co.’s new small bar mill in Canton, Ohio, didn’t include famous architect Frank Lloyd Wright.
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A 29,000-ton forging press at Precision Castparts Corp.’s Wyman-Gordon facility in Houston, used primarily to manufacture aircraft engine components, failed Thursday.
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Congressman Tim Murphy (R., Pa.) has been named vice chairman of the Steel Caucus executive committee for the 111th Congress, replacing Rep. Phil English (R., Pa.), who was unseated by Kathy Dahlkemper in the general election.
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General Dynamics Corp., a Falls Church, Va.-based equipment supplier, has signed an agreement to acquire AxleTech International, which makes axles and other components for military vehicles, commercial specialty trucks and off-highway machines used in construction, material handling, forestry, mining and farming.
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Concord Steel Inc., Warren, Ohio, has a Dec. 2 date with a federal mediator to try to reach a new four-year bargaining agreement with 100 workers who belong to United Steelworkers union Local 2234.
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Five of 63 vessels from the U.S.-flagged Great Lakes fleet are already laid up for the year because of production cuts at steel mills, according to the Lake Carriers’ Association.
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In a bit of good news for automotive suppliers, Chrysler LLC, Auburn Hills, Mich., and Germany’s ZF Friedrichshafen AG have formed a new axle manufacturing alliance, the two companies said Tuesday.
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Peter Morici, a business professor at the University of Maryland and an analyst well-known in the steel industry, grabbed the national spotlight Tuesday as the only witness opposing the bailout of the Big Three automakers at a high-profile hearing before the Senate Banking Committee.
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Peter Morici, a business professor at the University of Maryland and an analyst well-known in the steel industry, grabbed the national spotlight Tuesday as the only witness opposing the bailout of the Big Three automakers at a high-profile hearing before the Senate Banking Committee.
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Industrial production rebounded in October, rising 1.3 percent, after falling a revised 3.7 percent in September, the U.S. Federal Reserve Board reported Monday.
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The need for maintenance dredging in America’s 269 commercial ports has been discussed by Congress and the Bush administration as part of a $150-billion stimulus plan for the U.S. economy, according to an executive of Great Lakes Dredge & Dock Corp.
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The need for maintenance dredging in America’s 269 commercial ports has been discussed by Congress and the Bush administration as part of a $150-billion stimulus plan for the U.S. economy, according to an executive of Great Lakes Dredge & Dock Corp.
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As home builders look for market stability, October’s housing starts in the United States dropped 4.5 percent from September and 38 percent from the same month last year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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Shiloh Industries Inc., a Valley City, Ohio-based manufacturer of first operation blanks, engineered welded blanks, complex stampings and modular assemblies for the automotive and heavy truck industries, laid off 20 employees Friday, according to local news reports.
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Shiloh Industries Inc., a Valley City, Ohio-based manufacturer of first operation blanks, engineered welded blanks, complex stampings and modular assemblies for the automotive and heavy truck industries, laid off 20 employees Friday, according to local news reports.
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A trader shot himself on the floor of derivatives market BM&F in São Paulo, Brazil, on Monday afternoon, yet the trading floor and electronic trading remained open.
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The Producer Price Index (PPI) for finished goods fell 2.8 percent in October, seasonally adjusted, according to the U.S. Bureau of Labor Statistics (BLS), following declines of 0.4 percent in September and 0.9 percent in August.
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Metalforming companies in the United States and Canada expect further deterioration in business conditions during the next three months, the Precision Metalforming Association (PMA) said Tuesday in its latest Business Conditions Report.
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A trader shot himself on the floor of derivatives market BM&F in São Paulo, Brazil, on Monday afternoon, yet the trading floor and electronic trading remained open.
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ArvinMeritor Inc.’s net loss narrowed to $101 million in its fiscal year ended Sept. 28 from $219 million the previous year.
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The Producer Price Index (PPI) for finished goods fell 2.8 percent in October, seasonally adjusted, according to the U.S. Bureau of Labor Statistics (BLS), following declines of 0.4 percent in September and 0.9 percent in August.
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The Bonneville Power Administration (BPA) proposal to provide nearly $100 million in annual power subsidies to the aluminum industry has stirred up another round of debate in the Pacific Northwest.
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A Norwegian company is investing up to $3.38 billion in unconventional natural gas exploration opportunities.
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The U.S. Supreme Court will hear an appeal from Harman Mining Corp. and decide whether a West Virginia state Supreme Court justice should have dismissed himself from hearing the case against Massey Energy Co., Richmond, Va.