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Most U.S. steel industry executives have voiced strong opposition to the implementation of a so-called “cap-and-trade” system for industrial emissions. If there is a silver lining to the current economic crisis facing the country, they say, it might be that the economics of such a plan would be even more destructive to the United States and thus is unlikely to occur any time soon.
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Automakers may sell 2 million fewer vehicles in 2008 than last year, costing as many as 100,000 industry jobs and bringing many suppliers to the brink of collapse, according to a recent report.
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Industrial and engineering consultancy firms Industrial Automation Services (IAS) and Hatch Group have merged.
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Cleveland-Cliffs Inc. shareholders have declined to relinquish control of the iron ore and metallurgical coal company to Harbinger Capital Partners.
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The World Trade Organization’s Dispute Settlement Board (DSB) has ruled that the United States has “acted inconsistently” in the use of the practice of zeroing in antidumping cases.
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Boldly pushing the frontiers of the steel industry, Timken Co., Canton, Ohio, has supplied bearings for a new descent brake system to be used on NASA’s Mars Science Laboratory mission.
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Industrial and engineering consultancy firms Industrial Automation Services (IAS) and Hatch Group have merged.
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Massey Energy Co., Richmond, Va., has completed the acquisition of the Mountaineer No. 2 Mine in Greenbrier County, W.Va., including related mining permits, mine infrastructure and 200,000 tons of metallurgical coal reserves.
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Economic indicators continue to paint a gloomy picture for the health of the U.S. economy, with more bad news Thursday on the manufacturing, construction and employment fronts.
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U.S. auto sales tumbled precipitously in September, with both domestic and foreign automakers recording huge double-digit declines.
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Your story titled “Alaska Gov. Palin under fire for gifts from miners reports” (AMM, Sept. 30) has a little bias written into it.
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Indian Railways has levied a 5- to 7-percent surcharge on all commodities, including coal, coke and iron ore, during the busy six-month October-March shipping period.
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India’s iron ore exports have been falling since August as Chinese demand eases.
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Genesee & Wyoming Inc. (GWI), Greenwich, Conn., has completed its acquisition of 10 short-line railroads known as the Ohio Central Railroad System (OCR) for $234 million, subject to adjustment for final working capital.
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Canadian National Railway (CN) has offered to kick in an extra $20 million for mitigation efforts to bring further economic and environmental benefits to the Chicago region in urging the U.S. Surface Transportation Board (STB) to promptly approve its proposed acquisition of the Elgin, Joliet & Eastern Railway Co. (EJ&E).
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Former Gerdau SA board member Carlos J. Petry has been charged with insider trading, according to a settled enforcement action filed against him by the U.S. Securities and Exchange Commission (SEC).
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A much-watched manufacturing indicator has dropped to its lowest level in nearly seven years.
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Teck Cominco Ltd. will proceed with its purchase of Fording Canadian Coal Trust after gaining backing on two fronts.
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Teck Cominco Ltd. will proceed with its purchase of Fording Canadian Coal Trust after gaining backing on two fronts.
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A much-watched manufacturing indictor has dropped to its lowest level in nearly seven years.
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Citation Corp. plans to close its Lufkin, Texas, foundry and slash 18 percent of its salaried work force in the wake of dwindling demand from the automotive industry.
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A trio of service center operators say their capital plans remain intact through the fourth quarter, despite the credit market freeze.
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Citation Corp. plans to close its Lufkin, Texas, foundry and slash 18 percent of its salaried work force in the wake of dwindling demand from the automotive industry.
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Citation Corp. plans to close its Lufkin, Texas, foundry and slash 18 percent of its salaried work force in the wake of dwindling demand from the automotive industry.