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  • EPA looking to stiffen rules on hardrock mining sector Jul 22, 2009

    The hardrock mining industry has been targeted by the U.S. Environmental Protection Agency (EPA) as a top priority for financial assurance requirements to ensure mine operators, not taxpayers, foot the bill for old mine cleanups.

  • Valmont units take hit in 2d quarter Jul 22, 2009

    Valmont Industries Inc., which buys metals to make infrastructure support systems, saw sales and operating income for its farming irrigation equipment and coated metal products businesses decline during the second quarter.

  • USW’s Gerard blasts GE’s chief exec over ‘Buy American’ stance Jul 22, 2009

    The head of the United Steelworkers union has blasted General Electric Co.’s top executive for talking out of both sides of his mouth in touting the importance of a strong U.S. manufacturing base while at the same time opposing “Buy American” provisions and shifting large parts of the company’s production offshore.

  • EPA seeks tighter hardrock mining rules Jul 21, 2009

    The hardrock mining industry has been identified by the U.S. Environmental Protection Agency (EPA) as a top priority for financial assurance requirements to make sure that mine operators, not taxpayers, foot the bill for cleaning up old mines.

  • Scotia lifts Russel rating to ‘outperform’ Jul 21, 2009

    Rising steel prices could serve as a catalyst to improved share performance for Russel Metals Inc., one analyst said this week in raising his rating on the steel distributor and processor to “sector outperform” from “sector perform.”

  • Obama taps Goldman exec for post at State Department Jul 21, 2009

    Robert Hormats, vice chairman of Goldman Sachs International, has been selected by President Obama to serve as undersecretary for economic, energy and agricultural affairs at the State Department, a key post in formulating the administration’s trade policy.

  • Correction: Horsehead ramping up output at Pa. operations Jul 20, 2009

    Horsehead Corp. said that once electric-arc furnaces in the U.S. reach about 70 percent of capacity, the company would operate at full capacity of 550,000 tons per year, including new capacity from a facility under construction in Barnwell, S.C. A July 20 story incorrectly said full capacity would be 700,000 tons a year.

  • Correction: Horsehead ramping up output Jul 20, 2009

    Horsehead Corp. said that once electric-arc furnaces in the U.S. reach about 70 percent of capacity, the company would operate at full capacity of 550,000 tons per year, including new capacity from a facility under construction in Barnwell, S.C. A July 20 story incorrectly said full capacity would be 700,000 tons a year.

  • Correction Jul 17, 2009

    Due to an editing error, a headline on a July 17 story incorrectly stated that Insteel Industries Inc. plans to raise wire rod prices. Insteel does not produce wire rod. The story correctly stated that Insteel is poised to increase its prices for PC strand and wire mesh should hikes by wire rod producers take hold.

  • Melting Pot: ‘Cowboy caviar’ hits the Beltway Jul 17, 2009

    The Western Business Roundtable said it brought “cajones” back to Washington during the Capitol Hill Clean Tech Expo ’09. Hosted by the roundtable and the NextGen Energy Council, the event boasted “game changing” technologies in energy, manufacturing and other sectors, including innovative natural gas drilling techniques, bigger and better transmission lines for wind farms and even tires made from orange peels. In case you’re still not quite sure about the “Western delicacy” served at a “Taste of the West” reception, the roundtable provided some helpful euphemisms: cowboy caviar, Montana tendergroins and, of course, Rocky Mountain oysters. “I can’t say that I have seen many news media folks try them, but hope springs eternal,” roundtable president and chief executive officer Jim Sims said in a statement.

  • $600B highway bill on back burner in House Jul 16, 2009

    A $600-billion highway bill has been put on the back burner by the House Ways and Means Committee, which is preoccupied with health care reform, sources said.

  • Primary metals capacity rate rises in June Jul 16, 2009

    The primary metals industry’s capacity utilization rate rose to 45.6 percent in June from 44.8 percent the previous month, the first increase in at least six months, according to the Federal Reserve Board’s report on industrial production and capacity utilization.

  • House committee puts $600B highway bill on back burner Jul 16, 2009

    A $600-billion highway bill has been put on the back burner by the House Ways and Means Committee, which is preoccupied with health care reform, sources said.

  • Primary metals capacity rate rises in June Jul 15, 2009

    The primary metals industry’s capacity utilization rate rose to 45.6 percent in June from 44.8 percent the previous month, the first increase in at least six months, according to the Federal Reserve Board’s report on industrial production and capacity utilization.

  • Homes more affordable, but tight credit sidelines buyers Jul 15, 2009

    Although monthly data indicates existing home sales are improving, what might often be overlooked is that deeply discounted foreclosures and short sales represent up to half of current existing home sales. “Strip these out, and existing home sales are actually languishing,” Moody’s Investors Service said.

  • Obama administration continuing GSP benefits for metals Jul 14, 2009

    The Obama administration will issue waivers to continue Generalized System of Preferences (GSP) benefits for 112 exports from 16 nations, including copper wire from Turkey and ferrosilicon chromium from Kazakhstan, U.S. Trade Representative Ron Kirk has disclosed.

  • Bloom named new head of Auto Task Force Jul 14, 2009

    Ron Bloom, a former United Steelworkers union executive who was a key figure during the steel industry’s restructuring early this decade, has been appointed the new “auto czar” by the Obama administration.

  • Bloom named new head of Auto Task Force Jul 14, 2009

    Ron Bloom, a former United Steelworkers union executive who was a key figure during the steel industry’s restructuring early this decade, has been appointed the new “auto czar” by the Obama administration.

  • Auto supplier J.L. French files for Chapter 11 Jul 13, 2009

    J.L. French Automotive Castings Inc. filed for Chapter 11 protection on Monday in response to U.S. automotive production declines and industry-wide credit restrictions.

  • Letter to the Editor: Calif. not trying to outlaw shredder fluff use Jul 10, 2009

    After reading your July 6 story, I felt it was essential to let you know the following information to set the record straight.

  • Letter to the Editor: Shout ‘fire’ before US industry burns Jul 10, 2009

    The “Letter to the Editor” from Matt Nousak (AMM, July 10) simplified the picture of the impact from the “cap-and-tax” bill by limiting it to the steel industry and making comments that are remarkably narrow in scope. This thing is additive from all industries. He should have checked with the European manufacturers as to the cost added over the whole economy from the Kyoto Protocol.

  • Copper, aluminum price indices rise; iron and steel down Jul 10, 2009

    Copper and aluminum import and export price indices rose in June from the previous month, while those for iron and steel prices declined, according to a Bureau of Labor Statistics report released Friday.

  • Obama continuing GSP benefits for metals Jul 10, 2009

    The Obama administration will issue waivers to continue Generalized System of Preferences (GSP) benefits for 112 exports from 16 nations, including copper wire from Turkey and ferrosilicon chromium from Kazakhstan, U.S. Trade Representative Ron Kirk has disclosed.

  • Letter to the Editor: Stance on climate change like shouting ‘fire’ in theater Jul 09, 2009

    In a recent story on the projected cost of the Waxman-Markey climate-change bill (AMM, July 6), Goldman Sachs’ figure of $1 billion, or “$10 to $12 a ton” of steel, by 2030 is nothing but a big number intended to scare the bejeebers out of people in the hope that they’ll run out into the streets screaming as if their hair were lit on fire by Congress and the environmental wackos of the world.

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