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  • Mining companies paying penalty for past risks: Cowen May 01, 2013

    Mining companies either failed to recognize or ignored the risks associated with developing projects and are now paying the penalty, Cowen Securities LLC analyst Adam Graf said.

  • Departures at JPMorgan, Deutsche Bank as banks downsize metals teams Apr 24, 2013

    JPMorgan Chase & Co. made some members of its metals sales desk in London redundant this past week in the latest in a series of departures from major banks and brokerages, market sources have told AMM sister publication Metal Bulletin.

  • ITC seeks input on duty-free imports Apr 22, 2013

    The U.S. International Trade Commission (ITC) is seeking input for a newly initiated investigation into the probable economic effects of duty-free imports under a proposed U.S.-European Union Transatlantic Trade and Investment Partnership Agreement.

  • Metal price indices tumble in March Apr 15, 2013

    Seven of nine prime and scrap metal price indices tracked by the U.S. Bureau of Labor Statistics declined month on month in March, and all but one index was weaker year on year.

  • Metals industry jobs up, but pace slows Apr 08, 2013

    Primary metal producers and fabricators both registered employment gains in March compared with the previous month, but results were mixed in a year-on-year comparison.

  • USTR seeks comments on proposed trade accord with EU Apr 02, 2013

    The U.S. Trade Representative’s office is seeking public comment on a proposed transatlantic trade and investment partnership agreement with the European Union.

  • Ohio approves $1M to clean defunct RG site Mar 27, 2013

    Ohio’s budgetary oversight board has approved the release of $1 million from the Clean Ohio Assistance Fund to remediate the now-shuttered RG Steel LLC plant in Steubenville, Ohio.

  • Bipartisan bill targets currency manipulation Mar 20, 2013

    A bill to hold currency manipulators accountable was introduced in the House of Representatives March 20.

  • Commerce issues dumping margin on Chinese innerspring units Mar 20, 2013

    In the final result of an anti-dumping duty administrative review of imports of innerspring units from China from Feb. 1, 2011, to Jan. 31, 2012, the Commerce Department’s International Trade Administration (ITA) has issued a weighted-average dumping margin of 234.51 percent to Tai Wa Hong Group, including entities Tai Wa Commerce & Industrial (Macau) Co. Ltd. and Macau Commercial & Industrial Spring Mattress Manufacturer.

  • Garner named RBC metals chief Mar 18, 2013

    RBC Capital Markets has appointed Bruce Garner managing director and head of metals.

  • Marantis to temporarily helm USTR Mar 15, 2013

    Deputy U.S. Trade Representative (USTR) Demetrios Marantis assumed the top post at the federal agency March 15.

  • Obama chooses two for cabinet Mar 04, 2013

    President Barack Obama nominated two new members of his cabinet March 4.

  • Metal producers, fabricators’ shipments, new orders climb Mar 04, 2013

    U.S. metal producers’ shipments rose 10.5 percent in January to $28.38 billion, more than making up for a 4.3-percent decline in December, while new orders jumped 12.8 percent to $28.93 billion after falling 4.7 percent in the same comparison.

  • ITA amends margin on Chinese threaded rod imports Mar 01, 2013

    The U.S. Commerce Department’s International Trade Administration (ITA) has amended its final results in an anti-dumping administrative review of imports of certain steel threaded rod from China for the period spanning 2008 to 2010.

  • Nonferrous scrap exports flat in Dec. Feb 15, 2013

    Nonferrous scrap exports were basically flat in December, although domestic traders noted continued demand from consumers in China and India.

  • Presidents Day holiday notice Feb 12, 2013

    AMM’s offices will be closed Monday, Feb. 18, in observance of Presidents Day, and there will be no issue dated Tuesday, Feb. 19. The New York Mercantile Exchange also is closed Monday. London Metal Exchange prices for Feb. 18 will appear in the Feb. 20 issue.

  • M&A activity reaches $10.7B in 4th qtr. Feb 07, 2013

    Merger and acquisition activity in the metals sector reached a total value of $10.7 billion in the fourth quarter of 2012—a solid increase after three quarters of decline but a decline from year-ago period—while the number of deals valued at $50 million or more increased markedly, according to a report by PricewaterhouseCoopers LLP (PwC).

  • Pipe trade cases will come when win assured: Schagrin Feb 07, 2013

    The domestic tube and pipe industry will file trade cases when it is assured of more success, according to one trade lawyer.

  • ITA requested to review orders on Indian steel, Chinese parts Jan 30, 2013

    The Commerce Department’s International Trade Administration (ITA) has received requests to conduct administrative reviews of various trade cases, including anti-dumping and countervailing duty orders on hot-rolled carbon steel flat products from India and an anti-dumping duty order on hand trucks and parts from China.

  • Notice: E-mail a Friend function on amm.com Jan 24, 2013

    Due to technical difficulties, we have removed the “E-mail a Friend” function from our website and taken away the ability to e-mail comments to colleagues. We hope to have the issue resolved as soon as possible and apologize for any inconvenience.

  • Martin Luther King Jr. holiday notice Jan 18, 2013

    AMM’s offices will be closed Monday, Jan. 21, in observance of Martin Luther King Jr. Day. There will be no daily issue dated Jan. 22. The New York Mercantile Exchange will also be closed. London Metal Exchange prices for Jan. 21 will appear in the Jan. 23 issue of AMM.

  • Producers’ industrial output, capacity utilization increase Jan 18, 2013

    he U.S. primary metals industry logged both industrial production index and capacity utilization gains in December, rising by 2.8 points and 2.1 points, respectively, from November, according to data from the Federal Reserve Board.

  • US iron, steel trade deficit jumps 37.2% Jan 14, 2013

    The U.S. trade deficit for iron and steel mill products jumped 37.2 percent to $833 million in November after falling more than 15 percent to $607 million in October, as exports recorded a $52-million drop and imports increased by $174 million.

  • Steel import licenses hit 11-month low Jan 03, 2013

    Steel arriving at U.S. ports through December was poised to hit an 11-month low, due to major volume declines across most finished steel products.

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