• Most metals see pricing index fizzle Nov 22, 2013

    Iron and steel scrap prices remained flat in October vs. the previous month, with steel mill product pricing following suit, according to the latest producer price index (PPI) report from the U.S. Bureau of Labor Statistics.

  • Eskom lifting emergency notice Nov 21, 2013

    South African state power provider Eskom Holdings SOC Ltd. intends to lift the emergency notice on the country’s power situation from 10 p.m. local time Nov. 21, AMM sister publication Metal Bulletin was told.

  • Mexican senate approves 7.5% mining tax Nov 07, 2013

    The Mexican senate has approved a 7.5-percent tax on mining firms’ earnings before interest, taxes, depreciation and amortization (Ebitda) as part of a wider package of tax reforms.

  • US govt agencies feel impact of shutdown Oct 01, 2013

    Some U.S. government agencies important to the domestic metal markets have already been impacted by the Oct. 1 government shutdown following a budget impasse in Congress.

  • Manufacturing index hits 2013 high: ISM Oct 01, 2013

    U.S. manufacturing activity grew in September, with the Institute for Supply Management (ISM) purchasing managers index rising to 56.2, its highest point this year, led by growth in employment, order backlogs, inventories and material prices.

  • Kleinfeld appointed to President's committee Sep 27, 2013

    Alcoa Inc. president and chief executive officer Klaus Kleinfeld has been picked by President Obama to serve on the President’s Advanced Manufacturing Partnership Steering Committee 2.0.

  • Metal shipments, new orders rebound Sep 26, 2013

    Shipments and new orders of primary metals and fabricated metals rebounded in August, while each sector lowered inventories slightly, according to U.S. Census Bureau data released Sept. 25.

  • House OKs bill to fast-track mineral mining, exploration Sep 23, 2013

    The U.S. House of Representatives passed a bill this past week that looks to expedite domestic mining and exploration and "more efficiently develop" mineral sources in the United States.

  • Stronger dollar attracts global commodities firms Sep 11, 2013

    Europe may be a cheap investment location for savvy equities investors, but the improving outlook in the United States is making the world’s biggest economy a lot more attractive to commodities companies.

  • China’s quiet stimulus helps lift steel mart sentiment Sep 06, 2013

    China’s government wants to meet its target of growing the economy by 7.5 percent this year and has launched a package of low-profile infrastructure investments to help achieve its goal.

  • Freeport co-founder ‘Mack’ Rankin passes away at 83 Aug 16, 2013

    B.M. “Mack” Rankin, co-founder, vice chairman and member of the board of directors of Freeport-McMoRan Copper & Gold Inc., died Aug. 14 from cancer, the mining company said.

  • General Cable eyes pickup despite sluggishness: exec Aug 05, 2013

    General Cable Corp. is upbeat despite sluggish business conditions, its top executive said, as the company rebounded from losses seen earlier this year.

  • Powdermet in tech partnerships Jun 10, 2013

    Powdermet Inc. has secured partnerships with the U.S. Army, the U.S. Navy and the U.S. Energy Department to move toward commercialization of its EnCom energetic nanocomposites and MComP microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets.

  • Mixed bag for metals employment in May Jun 07, 2013

    Employment in metals was mixed last month, with primary metals down as fabricators logged a gain.

  • Senators introduce new currency bill Jun 06, 2013

    A bill designed to tackle currency manipulation has been introduced into the Senate just months after similar legislation was brought into the House of Representatives.

  • Memorial Day holiday notice May 21, 2013

    AMM’s offices will be closed Monday, May 27, in observance of Memorial Day, and there will be no issue dated Tuesday, May 28.

  • ITA begins probe into steel rail tie wire imports May 14, 2013

    The Commerce Department’s International Trade Administration (ITA) has initiated an anti-dumping duty investigation into imports of prestressed concrete steel rail tie wire from China, Mexico and Thailand.

  • INTL FCStone acquires Cleartrade Exchange May 14, 2013

    New York-based commodities broker INTL FCStone Inc. has bought out electronic trading platform Cleartrade Exchange (CLTX), the trader said May 14.

  • Steel mill product trade deficit shrinks May 09, 2013

    The trade deficit between iron and steel mill product imports and exports, valued at $544 million, fell 20 percent in March after growing 11.5 percent in February as imports declined at more than twice the rate of exports, according to the U.S. Bureau of Economic Analysis.

  • Steel needs faster, firmer trade policy: execs May 08, 2013

    Fundamental problems with U.S. trade policy—particularly when it comes to defining "injury"—are resulting in an uneven playing field in the battle against imports, steelmakers said.

  • USTR seeking input on TPP talks with Japan May 06, 2013

    The Office of the U.S. Trade Representative (USTR) is requesting comments on negotiations with Japan about the in-development Trans-Pacific Partnership (TPP) trade agreement.

  • Obama selects two for cabinet May 03, 2013

    President Barack Obama nominated two new members to his cabinet May 2.

  • Private equity, traders boosting mine M&A May 01, 2013

    Private equity and trading firms are stepping up their merger-and-acquisition activity in the mining sector, which is seeing its traditional investment patterns evolve and change, according to a managing director at BNP Paribas SA.

  • Miners must decrease costs to increase ability to borrow May 01, 2013

    Mining firms need to cut costs in order to increase their ability to borrow money, James Verraster, chief executive officer of Auramet Trading LLC, said.

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