Supply Chain RSS

  • ArcelorMittal agrees to pay $90M to settle suit Jun 13, 2014

    ArcelorMittal SA and its U.S. subsidiary have agreed to pay $90 million to settle a 2008 lawsuit alleging that the companies and other major steel producers conspired to fix steel prices, according to documents filed in U.S. District Court in Illinois.

  • No new trial in MM Steel antitrust case Jun 13, 2014

    A federal judge has denied a new trial for steel companies and service centers hit with $156 million in damages in a Texas antitrust lawsuit that accused them of trying to drive MM Steel LP out of business.

  • Japan firms to hold 777X role, may add forgings Jun 13, 2014

    Japanese aerospace suppliers will preserve their position, and possibly increase their ultimate production role, on the newest version of Boeing Co.’s 777.

  • World DRI output to grow ‘quite considerably’ Jun 12, 2014

    Global production of direct-reduced iron (DRI), aided in part by the increasing availability of natural gas, should increase by at least 5 million tons annually over the next decade with the addition of several large new plants, according to Midrex Technologies Inc.

  • Loenbro planning to build facility in Montana Jun 12, 2014

    Energy services and maintenance construction company Loenbro Inc. is building a 30,000-square-foot facility in Great Falls, Mont., according to a company executive.

  • Donald Foster to retire from L.B. Foster Jun 12, 2014

    Donald L. Foster will retire as senior vice president of L.B. Foster Co.’s construction products group June 20 after a 35-year career in the steel industry.

  • American Manganese eyes battery mart Jun 12, 2014

    American Manganese Inc. will focus its Artillery Peak project in Arizona on the production of chemical manganese dioxide (CMD) for the rechargeable lithium-manganese ion battery market.

  • Tubular weakness sinks Friedman’s earnings Jun 12, 2014

    Falling tubular selling prices and volumes sent Friedman Industries Inc.’s net income tumbling 72.1 percent in fiscal 2014.

  • A.M. Castle signs supply deal with UTC Jun 12, 2014

    Metals distributor A.M. Castle & Co. has struck a long-term deal to become industrial giant United Technologies Corp.’s (UTC’s) preferred supplier of raw materials and other services, the companies said June 12.

  • NCI financial results chilled in 2d qtr. Jun 11, 2014

    NCI Building Systems Inc. oozed red ink in its fiscal second quarter amid the lingering impacts of a harsh winter despite early indications of increased demand from the nonresidential construction sector.

  • Water infrastructure bill enacted Jun 11, 2014

    Water infrastructure legislation supported by the steel industry was signed into law by President Barack Obama June 10.

  • Aluminum use in autos set to explode: Ducker Jun 10, 2014

    Aluminum sheet usage for light vehicle body and closure parts will grow from less than 200 million pounds in 2012 to approximately 4 billion pounds by 2025, according to a study by Ducker Worldwide LLC.

  • Correction: A.M. Castle management cuts to save $7M Jun 10, 2014

    Due to an editing error, a story posted to June 3 incorrectly listed the timing of executive and management position cuts at A.M. Castle & Co., Oak Brook, Ill. The cuts were made in late May and early June, with the $7 million in annual savings to be accrued by the company beginning in the third quarter.

  • AT&F’s adds ‘all-water’ service to Europe Jun 10, 2014

    American Tank & Fabricating Co. (AT&F) expects its export business to benefit from direct, "all-water" shipments to Antwerp, Belgium, from Cleveland.

  • Praxair opens Tennessee facility Jun 10, 2014

    Praxair Inc. has started up its new 600-ton-per-day air separation unit in Memphis, Tenn., the company said June 9.

  • MRC closes Hypteck acquisition Jun 10, 2014

    MRC Global Inc. has closed its acquisition of Norwegian instrumentation and process control products provider Hypteck AS, it said June 10.

  • Exploreco hires Watson as vp of sales Jun 10, 2014

    Exploreco International LLC has hired Duke C. Watson as vice president of sales, the company said.

  • Great Lakes iron ore shipments back to normal Jun 09, 2014

    Great Lakes iron ore shipments returned to normal levels in May, although the supply chain continued to feel the impact of a cold winter as ice-damaged vessels out for repairs reduced shipping capacity.

  • Metal powder shipments to rise in ’14 Jun 06, 2014

    Metal powder shipments should rise 5 percent this year in tandem with a corresponding increase in the materials' largely automotive parts markets, according to the Metal Powder Industries Federation (MPIF).

  • O’Neal taps Deffenbaugh corporate controller Jun 05, 2014

    O’Neal Industries Inc. has named Todd Deffenbaugh vice president and corporate controller.

  • Greenbrier, Watco in rail car repair venture Jun 05, 2014

    Greenbrier Cos. and Watco Cos. LLC will form a joint venture aimed at tapping growing demand for rail car repairs and retrofits.

  • Lee Brass names sales managers Jun 04, 2014

    Alabama brass castings company Lee Brass Co. has named Larry Waldron national sales manager for its plumbing, industrial and marine products and Bill Kimpton as its national original equipment manufacturer sales manager, it said June 3.

  • Ford unveils lightweight car in aluminum drive Jun 04, 2014

    Ford Motor Co. has unveiled a lightweight concept vehicle based on its 2013 Fusion, the next step in the automaker’s push toward weight reduction and improved fuel economy.

  • RTI’s manufacturing role on Boeing 787 grows Jun 04, 2014

    RTI International Metals Inc. has once again increased its downstream role on Boeing Co.’s 787 Dreamliner.

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