Supply Chain

  • FreightCar America in black in 2d qtr. Aug 11, 2014

    FreightCar America Inc. returned to profitability in the second quarter amid higher deliveries and improved revenue, with the company looking for rising hopper car orders to bolster its declining dependence on coal cars.

  • Tredegar earnings bolstered by Bonnell sales Aug 11, 2014

    Tredegar Corp.’s earnings nearly tripled in the second quarter, driven by a strong performance by subsidiary Bonnell Aluminum Inc., despite pricing pressures and production inefficiencies in the company’s film products segment.

  • China’s auto sales, output fall further in July Aug 11, 2014

    China’s automobile sales and output fell for the fourth consecutive month in July, according to data from the China Association of Automobile Manufacturers (CAAM).

  • US drilling climbs, Canada falls Aug 11, 2014

    The number of oil rigs running in the United States increased by 19 last week.

  • RTI outlook calls for stable sponge supply Aug 08, 2014

    RTI International Metals Inc. doesn’t expect “major changes one way or the other” in its titanium sponge supply next year, its top executive said.

  • Noranda power rate ruling delayed Aug 08, 2014

    The Missouri Public Service Commission has delayed its decision in Noranda Aluminum Holding Corp.’s request for a lower electric rate from power provider Ameren Missouri.

  • Héroux-Devtek lands supply contract for 787 Aug 08, 2014

    Canadian subcontractor Héroux-Devtek Inc. has won a “multi year” contract to supply titanium torque tubes for the Boeing Co.’s 787 Dreamliner.

  • Klöckner expects US steel demand to increase Aug 08, 2014

    Klöckner & Co SE expects U.S. steel demand to grow between 4 and 5 percent this year, even as the company reported lower domestic metal shipments.

  • Cliffs opts to keep Pinnacle Mine open Aug 08, 2014

    Cliffs Natural Resources Inc.’s new management has decided against idling its Pinnacle metallurgical coal mine in West Virginia.

  • Selmet acquires Onamac Industries Aug 08, 2014

    Selmet Inc.’s acquisition of Onamac Industries Inc. will help the titanium castings producer meet original equipment manufacturers’ (OEMs’) growing demand for near net shape components, the company’s top executive said.

  • O’Neal subsidiary names manager Aug 08, 2014

    O’Neal Flat Rolled Metals has appointed Seth Wiener general manager of its Birmingham, Ala., branch. He will have full management responsibilities for the Brighton, Colo.-based distributor’s southeastern region.

  • DLA ferrochrome goes for $2.99 million Aug 08, 2014

    DLA Strategic Materials sold 1,120 short tons of low-carbon ferrochrome to four companies for a combined $2.99 million in July.

  • OCTG adding heat-treat facility Aug 07, 2014

    Energy tubular finisher OCTG LLP is adding a heat-treatment facility at its Houston location, according to a company statement.

  • Olympic Steel logs record sales in 2d qtr. Aug 07, 2014

    Service center Olympic Steel Inc. saw record sales in the second quarter, with its highest sales volumes for flat products since early 2008.

  • Global Brass & Copper logs $9M profit Aug 07, 2014

    Global Brass & Copper Holdings Inc. posted net income of $9 million in the second quarter in contrast to a $17.1-million net loss in the same period last year despite a drop in sales volumes across all three of its segments.

  • Judge orders Boeing to give data to union Aug 07, 2014

    Boeing Co. has been ordered by the National Labor Relations Board (NLRB) to provide wage and productivity data to its workers, according to the company’s largest white-collar union.

  • RTI to ink new engine supply pact: Hickton Aug 06, 2014

    RTI International Metals Inc. is nearing a deal with another major aircraft engine customer as it continues to strengthen business in this market sector, its top executive said.

  • ITC rejects duties for Indian steel threaded rod Aug 06, 2014

    Imports of steel threaded rod from India are not injuring or threatening to injure U.S. industry, the International Trade Commission (ITC) decided Aug. 6, so no anti-dumping or countervailing duties will be imposed.

  • Bill aims to close ‘Buy America’ gaps Aug 06, 2014

    Proposed legislation that would strengthen "Buy America" provisions for infrastructure projects is drawing kudos for efforts to clamp down on exemptions and tighten the waiver review process.

  • Metaldyne, Grede, HHI merge to form MPG Aug 06, 2014

    Automotive suppliers Grede Holdings LLC, HHI Group Holdings and Metaldyne LLC have merged to form global metalformer Metaldyne Performance Group Inc. (MPG).

  • Timken adds new board member Aug 06, 2014

    Timken Co. has elected A.O. Smith Corp. president and chief executive officer Ajita G. Rajendra to its board of directors.

  • RTI earnings jump in 2d qtr. Aug 06, 2014

    RTI International Metals Inc.’s net income soared in the second quarter due to higher deliveries for the Boeing 787 Dreamliner program and strong energy-related business.

  • Lead battery price outlook dims Aug 05, 2014

    Lead battery demand is expected to be weaker than expected this fall, as intense summer heat—which usually puts stress on automotive batteries—has failed to materialize.

  • Reliance buy grows aerospace stance Aug 05, 2014

    Reliance Steel & Aluminum Co. has acquired the capital stock of Aluminium Services UK Ltd., the holding company that owns All Metal Services Ltd. (AMS), a major independent raw materials service provider to the aerospace and defense industries.

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