Supply Chain

  • Ryerson closes IPO at low end of range Aug 14, 2014

    Ryerson Holding Corp. closed its initial public offering (IPO) on the New York Stock Exchange at $11 per share, parent company Ryerson Inc. said Aug. 13.

  • Great Lakes iron ore shipments surge in July Aug 13, 2014

    U.S. Great Lakes iron ore shipments jumped in July compared with the same month last year following delays caused by an extended winter freeze.

  • Carbon steel plate marts robust: Russel Metals Aug 13, 2014

    Russel Metals Inc. continues to see robust markets for carbon plate products, with extended lead times and strong end-user demand.

  • Vote on A.M. Castle ‘poison pill’ near Aug 12, 2014

    A.M. Castle & Co.’s "poison pill" shareholder rights plan, designed to guard against unwanted mergers or acquisitions, is due for renewal or expiration in a board vote later this month, a top company executive said.

  • TW Metals names Wnek Atlanta branch manager Aug 12, 2014

    TW Metals Inc. has appointed Robert Wnek as branch manager for its Atlanta operations.

  • Olympic names Markowitz to executive role Aug 12, 2014

    Olympic Steel Inc. has appointed Andrew Markowitz to the newly created position of vice president of sales and marketing for its specialty metals division, it said Aug. 12.

  • Titanium distributor files Rico suit Aug 12, 2014

    Lawrence Holdings Inc. (LHI) has accused a supplier of enterprise resource planning (ERP) software of fraud and violating the Racketeer Influenced and Corrupt Organizations (Rico) Act.

  • Superior Tube taps Burchell to lead aerospace Aug 11, 2014

    Wade Burchell has been named aerospace market manager for Superior Tube Co., the company said Aug. 11.

  • 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.

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