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  • Ball steps up role at Future Metals Nov 17, 2008

    Future Metals Inc., Tamarac, Fla., has promoted Terry Ball to general sales manager.

  • PMA elects 2009 board officers Nov 17, 2008

    The Precision Metalforming Association (PMA) has named Wayne Boeckman as its new chairman and Gretchen Zierick as first vice chair.

  • Mass layoffs reach highest level since 2001 in 3d qtr. Nov 17, 2008

    Employers initiated 1,330 mass layoff events in the third quarter of 2008 that resulted in the separation of 218,158 workers from their jobs for at least 31 days, according to preliminary figures released Thursday by the U.S. Bureau of Labor Statistics.

  • Recycling caucus swaps par for the course Nov 17, 2008

    At least 16 members of the Congressional Recycling Caucus, including two senators, won’t be returning for the new Congress next year, having lost their seats either in the Nov. 4 elections or retirement.

  • Industrial production posts slight turnaround in October Nov 17, 2008

    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.

  • PMA elects 2009 board officers Nov 17, 2008

    The Precision Metalforming Association (PMA) has named Wayne Boeckman as its new chairman and Gretchen Zierick as first vice chair.

  • MELTING POT Taxed to confusion Nov 14, 2008

    China’s revision of some export taxes last week caused some head scratching, especially among the country’s ferroalloys traders.

  • China growth set to continue, Massey says Nov 14, 2008

    China’s growth is likely to continue, according to Joseph Massey, professor at Dartmouth’s Tuck School of Business.

  • Mass layoffs reach highest level since 2001 in 3d-qtr. Nov 14, 2008

    Employers initiated 1,330 mass layoff events in the third quarter of 2008 that resulted in the separation of 218,158 workers from their jobs for at least 31 days, according to preliminary figures released Thursday by the U.S. Bureau of Labor Statistics.

  • Doubts on GM leave analysts wary Nov 13, 2008

    General Motors Corp. might be getting some love from Washington, but it’s having a harder time wooing analysts and other industry observers to its cause.

  • Doubts on GM leave analysts wary Nov 13, 2008

    General Motors Corp. might be getting some love from Washington, but it’s having a harder time wooing analysts and other industry observers to its cause.

  • Value of metals M&As sag despite Nov 13, 2008

    The global financial crisis and tightening credit markets, coupled with a general economic slowdown, knocked down values of metals industry merger and acquisition deals in the first three quarters of this year, according to a quarterly report from PricewaterhouseCoopers LLP (PwC), New York.

  • Tenaris unions sign global unity accord, issue warning Nov 13, 2008

    Tenaris SA, Luxembourg, received a sharp warning from its global unions, which recently came together to sign a new unity accord to work cooperatively and strategically as partners.

  • Worker at Chicago Heights Steel killed Nov 12, 2008

    The cause of an accident at Chicago Heights Steel Corp., Chicago Heights, Ill., that resulted in the death of a 32-year old worker on Monday is under investigation.

  • Iron-ore prices facing up to 30% decline in ’09 contracts, Kakela predicts Nov 12, 2008

    Global iron ore prices will drop by 20 to 30 percent in next year’s annual contracts, but the rate of decline will be less than that in the United States, Peter Kakela, professor of resources studies at Michigan State University, predicted at AMM’s 2d Annual Scrap Conference.

  • Oshkosh nabs $1.2B Army contract for heavy vehicles Nov 12, 2008

    Oshkosh Truck Corp., Oshkosh, Wis., has landed a major $1.2-billion U.S. Army contract to build 6,000 heavy trucks, each of which will sport about 4,000 pounds of steel-plated armor.

  • Value of metals M&As lag in ’08 despite robust pace PwC Nov 12, 2008

    The global financial crisis and tightening credit markets, coupled with a general economic slowdown, knocked down values of metals industry merger and acquisition deals in the first three quarters of this year, according to a quarterly report from PricewaterhouseCoopers LLP (PwC), New York.

  • CN petition to force rail deal denied Nov 11, 2008

    Canadian National Railway Co. (CN), Montreal, said Tuesday that a court had denied its petition for an order compelling an immediate decision by the U.S. Surface Transportation Board (STB) to allow the sale of the Elgin, Joliet & Eastern Railway Co. (EJ&E) from U.S. Steel Corp. to CN to close by the two parties’ Dec. 31 deadline.

  • CN petition to force rail deal denied Nov 11, 2008

    Canadian National Railway Co. (CN), Montreal, said Tuesday that a court had denied its petition for an order compelling an immediate decision by the U.S. Surface Transportation Board (STB) to allow the sale of the Elgin, Joliet & Eastern Railway Co. (EJ&E) from U.S. Steel Corp. to CN to close by the two parties’ Dec. 31 deadline.

  • Base metals to see unequal benefit from China stimulus Nov 11, 2008

    China’s planned $586-billion stimulus package is expected to boost the consumption and value of base metals across the board, but market participants say some metals are going to see more benefit than others as the fiscal injection takes effect.

  • Alumetco continues lockout of CAW workers, exec says Nov 11, 2008

    Aluminum auto parts supplier Alumetco continued its lockout of Canadian Auto Workers (CAW) union members Tuesday, with no date set for resumed negotiations, according to a company executive.

  • MMX halts iron ore, pig iron output at Corumbá Mine Nov 11, 2008

    MMX Mineração e Metálicos will halt iron ore and pig iron production by the end of this month at its Corumbá Mine in the Brazilian state of Mato Grosso do Sul “in light of the current global economic slowdown.”

  • NYSE to de-list wheel producer Nov 11, 2008

    Commercial vehicle supplier Accuride Corp. will be de-listed from the New York Stock Exchange (NYSE) Wednesday.

  • Alumetco locks out union workers at Brantford CAW Nov 10, 2008

    About 85 Canadian Auto Workers (CAW) union members were locked out early Monday at aluminum auto parts maker Alumetco, according to a local labor leader.

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