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The number of drill rigs running in the United States fell by 10 last week.
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The number of workers responding to a recent oil spill from an Exxon Mobil Corp. pipeline in central Arkansas has climbed to 640 from 120 initially, the company said.
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Steel distributor MidWest Materials Inc. has named Howard J. Lake regional account manager.
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Ryerson Inc. has amended its asset-backed lending (ABL) credit facility by cutting interest rates and extending its maturity.
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Reliance Steel & Aluminum Co. has amended its $1.5-billion unsecured revolving credit facility and raised $500 million in a new term loan.
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Steel buyers have become more wary and cautious in recent weeks than they had been during much of the first quarter, particularly when it comes to building inventories, an industry survey shows.
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Due to an editing error, an article posted to AMM’s website April 4 incorrectly stated the amount of the Harbor Maintenance Tax Fund surplus. The surplus is currently more than $7.1 billion and likely to be $8.1 billion by the end of 2013, according the U.S. Army Corps of Engineers.
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ArcelorMittal USA LLC and Cliffs Natural Resources Inc. have filed separate but almost identical petitions in an appellate court challenging the EPA's new regulations for taconite ore.
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Ferrochrome prices have weakened as traders report a notable dearth of spot market demand from consumers.
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Stricter safety rules for offshore drilling have been set by the Interior Department’s Bureau of Safety and Environmental Enforcement .
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Alcoa Inc. has licensed and commercialized a “breakthrough” bonding technology to automotive surface treatment firm Chemetall GmbH in a move the company says will allow aluminum to be used more widely on mass-produced vehicles.
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The outlook for domestic drilling remains tepid, with little to spur short-term optimism, market sources told AMM.
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Greenbrier Cos. saw its quarterly net income fall sharply, and the rail car manufacturer has vowed to sell off additional assets in order to "liberate" capital.
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Japan’s Furukawa Electric Co. Ltd. has been fined Canadian $5 million ($4.9 million) by the Ontario Superior Court of Justice for its alleged participation in an international bid-rigging conspiracy.
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Aluminum fabricator and distributor Tubelite Inc. has chosen a location on the southeast side of Dallas for its new regional facility, the company said April 4.
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The United States needs an immigration policy that will help it stay globally competitive, Caterpillar Inc. chairman and chief executive officer Douglas R. Oberhelman said in a speech before the Illinois Business Immigration Coalition in Chicago.
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Consolidated Precision Products Corp. (CPP) has appointed Andy Klaus chief financial officer.
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The House Energy and Power subcommittee will hold a hearing April 10 on legislation that would expedite the approval process for TransCanada Corp.’s proposed Keystone XL pipeline.
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Noble Energy Inc. has brought online its Tamar natural gas field off the coast of Israel in the Mediterranean Sea.
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The Port of Los Angeles and U.S. Army Corps of Engineers leaders have marked the completion of a 10-year, $370-million dredging project to deepen the port’s Main Channel, West Basin Channel and East Basin Channel to 53 feet from 45 feet.
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Marubeni-Itochu Steel America Inc. (Misa) has combined three of its metal processing subsidiaries as part of its drive to streamline its operations in the southern United States.
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An infrastructure bill that would provide funding for harbor maintenance and port improvement is set to hit the floor of the U.S. Senate in April or May. It will be the first of its kind to do so in six years.
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Nucor Wire Products Pennsylvania Inc. has filed a lawsuit against fabricator Rack & More LLC for allegedly failing to pay for wire decking.
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The top-selling automakers in the United States sold more than 1.25 million vehicles in March, 3.2 percent higher than in March last year, prompting several manufacturers to call it their best March in years.