Supply Chain RSS

  • Shell to cut drill spending in US by 20 percent in ’14 Mar 17, 2014

    Royal Dutch Shell Plc is planning to reduce its onshore drill spending in the United States by 20 percent in 2014, but remains bullish on liquids-rich shales, deepwater and heavy oil.

  • US drilling rises, Canada falls Mar 17, 2014

    The number of drill rigs running in the United States increased by 17 last week.

  • Airbus, university team on 3-D printing Mar 14, 2014

    Europe’s Airbus Group NV is teaming with a Chinese university to investigate the future use of additive manufacturing for titanium airliner parts.

  • NTMA elects new chairman, officials Mar 14, 2014

    Ted Toth, vice president and managing director of Rosenberger-Toth, has been elected chairman of the National Tooling and Machining Association (NTMA).

  • Hynes’ Golding set to exit as chief Mar 14, 2014

    Donald R. Golding will step down as president and chief executive officer of Hynes Industries Inc., the company announced March 14.

  • O’Neal Steel promotes Suzanne Lane Mar 14, 2014

    O’Neal Steel Inc. has appointed Suzanne Lane vice president and chief financial officer of the distributor of carbon and stainless steel and aluminum.

  • Ukraine tensions not impacting titanium supply Mar 13, 2014

    Diplomatic tensions between Russia and the United States due to the crisis in Ukraine haven’t yet disrupted Russia’s role as a key component in the U.S. titanium supply chain, although U.S. firms that depend on Russia’s industry remain on the alert.

  • Vallourec building $81M Ohio facility Mar 13, 2014

    VAM USA LLC will build an $81-million pipe-threading facility near sister company Vallourec Star’s steelmaking complex in Youngstown, Ohio, according to a March 13 announcement by Youngstown Mayor John McNally.

  • Review of innerspring imports not warranted: CITT Mar 13, 2014

    The Canadian International Trade Tribunal (CITT) has decided not to initiative an expiration review of imports of mattress innersprings from China because it is not warranted, and as a result the Canada Border Services Agency will no longer impose duties effective Nov. 23.

  • Blast hospitalizes Standard Steel employee Mar 13, 2014

    A Standard Steel LLC employee is in critical condition at a local burn unit after a suspected gas leak triggered an explosion March 12 at the manufacturer of forged wheels and axles.

  • Webco earnings slump 90.5% as challenges persist Mar 13, 2014

    Business conditions remained challenging for tubular products manufacturer and distributor Webco Industries Inc. in its fiscal second quarter.

  • CFTC mulling harmonized rules on clearing, trading Mar 12, 2014

    The U.S. Commodity Futures Trading Commission (CFTC) is seeking to establish rules to recognize foreign clearing houses and foreign trading venues.

  • Industrial Heat Treating files for Chapter 11 Mar 11, 2014

    Industrial Heat Treating Inc. has filed for Chapter 11 bankruptcy protection as it grapples with unpaid loans, tax liens and other costs.

  • PMA appoints Fledderman chairman Mar 11, 2014

    Jody Fledderman, president and chief executive officer of Batesville Tool & Die Inc., has been elected chairman of the Precision Metalforming Association (PMA).

  • Calstrip expands reach with Schaeffer buy Mar 10, 2014

    Calstrip Industries Inc. has agreed to purchase Schaeffer Industries Inc.’s Western Flat-Rolled Steel & Processing operation in Mira Loma, Calif., for an undisclosed amount.

  • Bushwick Metals employee in NJ killed by falling beams Mar 07, 2014

    An employee of Bushwick Metals LLC died following a March 6 accident involving structural steel at the service center’s South Plainfield, N.J., location, a spokeswoman for parent company Marmon/Keystone LLC confirmed.

  • Valbruna Stainless outlook positive Mar 07, 2014

    Strong demand in key consuming industries is helping to buoy U.S. sales of stainless steel long products this year as a firming nickel price also has brought stability to stainless price tags, according to an executive of Valbruna Stainless Inc.

  • Natural gas prices set to fall: analyst Mar 07, 2014

    Despite a short-term boost from the severe winter weather, U.S. natural gas prices likely will only be supported at higher levels once liquefied natural gas (LNG) exports kick off, according to an industry analyst.

  • Superior earnings dented by lower metal tags Mar 07, 2014

    Superior Industries International Inc.’s profits narrowed by 26.1 percent in 2013 amid lower aluminum prices and shipping volumes.

  • CPI Aero names new chief; net income tumbles in qtr. Mar 06, 2014

    CPI Aerostructures Inc. has named Douglas J. McCrosson president and chief executive officer effective March 6, the company said in a statement.

  • Klöckner sees steel demand rising in 2014 Mar 06, 2014

    Klöckner & Co. SE expects U.S. steel demand to grow 3 to 4 percent in 2014 on a strong automotive market, a recovering construction sector and low energy costs, the company said March 6 in its first-quarter financial report.

  • Quanex eyes deals after Nichols sale Mar 06, 2014

    Quanex Building Products Corp.’s sale of its Nichols Aluminum LLC subsidiary to Aleris International Inc. will give it the proceeds to chase acquisitions in the fenestration industry, company executives said.

  • Severe weather slows Feb. auto sales Mar 06, 2014

    Despite strong demand from American auto buyers, severe winter weather across large portions of the United States left auto sales essentially flat year over year in February.

  • Joy Global outlook upbeat despite plunge in earnings Mar 06, 2014

    Joy Global Inc.’s net income plunged 65.6 percent in its fiscal first quarter compared with a year earlier due in part to lower sales by its original equipment segments.

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