Supply Chain RSS

  • 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.

  • Quanex trims loss despite repair costs at Nichols mill Mar 06, 2014

    Quanex Building Products Corp.’s net loss narrowed in its fiscal first quarter as it prepared to sell its Nichols Aluminum LLC aluminum sheet products subsidiary.

  • Old Bay Bridge scrap may turn into bed and breakfast Mar 05, 2014

    A section of the old San Francisco-Oakland Bay Bridge might be in line for a makeover, to a bed and breakfast.

  • Line pipe a challenge for midstream: exec Mar 05, 2014

    Despite perceptions of a buyer’s market, procuring line pipe remains a key challenge for midstream companies, according to Perry Roberts, senior director of procurement at Energy Transfer Partners LP.

  • O’Neal Industries promotes two executives Mar 05, 2014

    O’Neal Industries Inc. has made a number of executive changes, the company said March 5.

  • Universal Stainless gets P&W lab control OK Mar 05, 2014

    Three Universal Stainless & Alloy Products Inc. production facilities have received “laboratory control” approval from East Hartford, Conn.-based aerospace manufacturer Pratt & Whitney Corp., the specialty steelmaker said March 5.

  • Schnitzer to process segment of old Bay Bridge Mar 04, 2014

    The first contract for dismantling a section of the old San Francisco-Oakland Bay Bridge damaged in the 1989 Loma Prieta earthquake has been awarded, with the scrap to be processed by Schnitzer Steel Industries Inc.

  • Greenbrier rail car orders get boost Mar 03, 2014

    Greenbrier Cos. received orders for 5,600 rail cars valued at about $460 million during its second fiscal quarter ended Feb. 28, with “congestion” on the tracks helping to boost demand for intermodal platforms, chairman and chief executive officer William A. Furman said in a statement March 3.

  • Aluminum scrap shipments hit by weather Mar 03, 2014

    Trucking delays, largely stemming from ongoing weather issues across much of the country and spiking fuel costs, have severely impacted shipments of aluminum scrap, shippers told AMM.

  • Drilling declines in US, Canada Mar 03, 2014

    The number of drill rigs running in the United States fell by two last week.

  • COMMENTARY: Randy Boswell shares his take on OCTG case Feb 28, 2014

    Everyone in the United States has read about, heard about, or experienced the dramatic increase in oil and natural gas production here in the past several years. State and federal legislators continually discuss the benefits of U.S. energy independence.

  • Steel maintains Edge in Ford crossover Feb 28, 2014

    Ford Motor Co. will outfit its next-generation Edge crossover vehicle with a double-sided pure zinc galvanized steel produced at ArcelorMittal Dofasco Inc.’s Hamilton, Ontario, plant, the steelmaker said Feb. 27.

  • Weber said picked for large aero forging press Feb 28, 2014

    Weber Metals Inc. is in line to install the largest aerospace press in North America as it takes aim at a growing market for big forgings, industry sources said.

  • ITC considers revoking anti-dumping duties Feb 28, 2014

    The U.S. International Trade Commission (ITC) is initiating a review to determine whether revoking anti-dumping duty orders on certain steel threaded rod and malleable iron pipe fittings from China would likely lead to a continuation or recurrence of material injury to the domestic industry.

  • Steel faces challenges in auto: Shiloh chief Feb 28, 2014

    Despite a push by the steel industry toward making lighterweight components for the automotive market, steel manufacturers have their "work cut out for them," especially as aluminum applications continue to capture additional market share, Ramzi Y. Hermiz said.

  • Fed agrees to extend study of banks’ role Feb 28, 2014

    The U.S. Federal Reserve Board has extended its consultation on the role of banks in physical commodity activities by 30 days at the request of the American Bankers Association (ABA). Comments are now due April 16.

  • Bonnell revs up aluminum extrusion press Feb 27, 2014

    Bonnell Aluminum Inc. has started production at its new automotive extrusion line in Newnan, Ga.

  • Olympic Steel sees momentum carrying into ’14 Feb 27, 2014

    Olympic Steel Inc. narrowed its net loss in the fourth-quarter compared with the same period a year earlier, and saw its full-year net income more than triple thanks in part to $3.6 million in last-in first-out (Lifo) income associated with the tubular and pipe products segment.

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