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Service Center Metals LLC (SCM) has lowered prices on all products by 1.2 cents per pound.
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The metals industry is “in limbo” trying to determine how new conflict minerals legislation will be enforced next year, according to David ‘Skip’ Hartquist, counsel to the Specialty Steel Industry of North America (SSINA).
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The steel industry is backing efforts to scrutinize the country’s recent infrastructure failures in order to highlight the need for sufficient investment to stabilize safety and create jobs.
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The mining sector, perhaps with the exception of copper, has reached a standstill, one executive said.
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The value of all goods moving between the United States and its North American Free Trade Agreement (Nafta) partners fell 4 percent in March from the same month last year but rose 8 percent compared with February, the U.S. Department of Transportation’s Bureau of Transportation Statistics said.
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Mining equipment manufacturer Joy Global Inc. posted net income of nearly $181.6 million during its fiscal second quarter, down 15 percent from $213.6 million in the same period last year on sales that fell 11.7 percent to $1.36 billion.
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A subsidiary of lifting-equipment manufacturer Manitex International Inc. has won a five-year contract to supply the U.S. Navy with rough-terrain straight-mast forklift equipment.
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Tenaris SA has signed a five-year agreement with Brazil’s Petróleo Brasileiro SA (Petrobras) to supply the oil company with 9⅝-inch casing using TenarisHydril Blue premium connections for offshore exploration wells, the company said May 29.
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Cheniere Energy Partners LP will build trains three and four of its liquefied natural gas (LNG) export project in Louisiana after completing financing for the project’s first four liquefaction trains, it said May 29.
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The state of Washington has given itself a relatively tight four-month target to install a permanent replacement for the collapsed Skagit River bridge as potential steel suppliers make quick estimates of the volume of steel that might be required.
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Rail car manufacturer Greenbrier Cos. has created a new automobile transport car.
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Vari-Form Inc. plans to begin production of all-aluminum hydroformed frame rails for General Motors Co.’s new Chevrolet Corvette Stingray this summer, the company said.
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Dynacast International Inc. reported a first-quarter net loss despite strong sales growth in its North American segment.
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Ducommun Inc. has signed a long-term pact with Alenia Aermacchi SpA, a unit of Italy’s Finmeccanica SpA, to make aluminum fuselage skins for the Airbus A321 commercial jet.
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Ford Motor Co. plans to expand capacity this year and reduce its summer shutdowns for the second year in a row.
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A proposed ban on the use of certain "green building" guidelines that could become part of an energy bill heading to the Senate would be damaging to U.S. steelmakers, according to the U.S. Green Building Council (USGBC).
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Valtimet Inc. has begun sending welded titanium tubes more than 85 feet long to Savannah, Ga., for shipment this summer to the Ras Abu Fontas desalination plant in Qatar.
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Novelis Inc. is adapting its plant in Goettingen, Germany, to meet growing demand for recyclable aluminum automotive sheet.
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Bonnell Aluminum Inc.’s cost-cutting measures during the recession should benefit the extruder as the economy recovers and opportunities in the automotive sector rev up, says incoming president W. Brook Hamilton.
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Brazil’s competition regulator has approved "with restrictions" the creation of a network of steel distributors and service centers by flat steel producer Usinas Siderúrgicas de Minas Gerais SA (Usiminas).
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If we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice.
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The House of Representatives has passed a bill expediting the approval process for TransCanada Corp.’s proposed Keystone XL pipeline.
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An Illinois structural steel fabricator that slapped a lien on a Burlington Northern Santa Fe Railway Co. (BNSF) bridge in Iowa is seeking additional compensation from the railroad for work it performed in the construction of the $61.5-million bridge.
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JIT Steel Service Inc. has filed a breach-of-contract lawsuit against Spig Industry LLC, a manufacturer of guardrails and other finished steel products, alleging that Spig failed to pay more than $122,000 in outstanding invoices.