Supply Chain

  • STB fines railway for trains blocking Midwest streets Dec 29, 2010

    The Surface Transportation Board (STB) has fined Canadian National Railway Co. (CN) $250,000 for “knowingly violating board orders” regarding the reporting of street-crossing blockages in the Chicago area.

  • L.B. Foster-Portec merger back on track Dec 20, 2010

    The merger of L.B. Foster & Co. and Portec Rail Products Inc. is finally moving ahead after at least three years of discussions and a lawsuit by shareholders.

  • L.B. Foster-Portec merger back on track Dec 20, 2010

    The merger of L.B. Foster & Co. and Portec Rail Products Inc. is finally moving ahead after at least three years of discussions and a lawsuit by shareholders.

  • Steel service center shipments slip MSCI Dec 16, 2010

    U.S. and Canadian service centers shipped almost 3.5 million tons of steel last month, down 0.3 percent from October, though daily shipments increased 3.2 percent because there was one less shipping day due to the Thanksgiving holiday.

  • Greenbrier books another $135 million in rail car orders Dec 13, 2010

    Greenbrier Cos. has received orders for 2,000 new rail cars valued at approximately $135 million as it continues to rebuild its backlog after a near-devastating loss of business last year from its largest customer.

  • More opportunities for steel industry as railroads expand Dec 10, 2010

    Railroad systems are growing and transportation companies are investing more on infrastructure and technology to keep pace with demand and to meet federal safety regulations.

  • AMM Moving Metals Conference Truckers, service centers brace for new road safety protocols Dec 10, 2010

    New federal trucking regulations might be a boon for road safety, but they will have ramifications for the steel industry as they raise carriers’ costs, driver salaries, hauling rates, transport times and service center inventories, according to industry insiders.

  • Marmon/Keystone appoints two managers Dec 09, 2010

    Pipe and tube distributor and processor Marmon/Keystone Corp. has promoted David Tripicchio to operations manager at its Spring Valley, Ill., service center.

  • Republic cited by OSHA for alleged safety gaps Dec 08, 2010

    Republic Engineered Products Inc. has been cited by the Occupational Safety and Health Administration (OSHA) for allegedly exposing workers to fall hazards and failing to maintain equipment and walkways at its Canton, Ohio, plant. Proposed penalties total $156,000.

  • Walter Energy pursues Western Coal buy Dec 03, 2010

    Walter Energy Inc. said Friday it will purchase Western Coal Corp. for Canadian $3.3 billion ($3.2 billion), just a day after the parties said they needed more time to negotiate.

  • GM, Ford see demand up, job growth Dec 02, 2010

    Bullish economists at General Motors Co. and Ford Motor Co. said the U.S. economy has turned a corner and is poised to shake off the “jobless” part of the jobless recovery.

  • Deere & Co. projects stronger 2011, fueled by clean air rules Nov 29, 2010

    Deere & Co. expects demand for its agricultural, forestry and construction machinery to grow significantly in the next 12 months, buoyed by strong prices for commodity minerals and crops, and by stricter global emission standards.

  • National Metals adds water-jet cutting to service lineup Nov 23, 2010

    National Metals is offering precision water-jet cutting services at its metals processing and fabrication plant in DeForest, Wis., in an effort to increase its versatility.

  • Metals USA enters deal to purchase Eagle Steel Products assets Nov 22, 2010

    Metals USA Holdings Corp. has signed an agreement to purchase certain assets of Eagle Steel Products Inc., which will be renamed Ohio River Metal Services Inc. (ORMS).

  • Metals USA sees stocks driving growth Nov 22, 2010

    Metals USA Holdings Corp.’s decision to build out inventories ahead of more cautious competitors is helping it capture market share, the company’s top executive said—even as other service centers maintain that bigger isn’t better when it comes to overall stock levels.

  • National Metals adds water jet cutting to service lineup Nov 22, 2010

    National Metals is offering precision water jet cutting services at its metals processing and fabrication plant in DeForest, Wis., in an effort to increase its versatility.

  • Russel Metals reaches deal with USW Nov 19, 2010

    Following protracted and often contentious negotiations, Russel Metals Inc. has reached a new labor deal with the United Steelworkers (USW) union in British Columbia, a company official told AMM.

  • American Axle’s turnaround driven by diversification Nov 19, 2010

    One Tier I North American automotive supplier—whose accountants warned in March 2009 that it was on the verge of folding—has emerged from the depths of despair so rapidly that the company is starting to feel the love from Wall Street.

  • Walter Energy buying Western Coal for $3.2B to create met coal major Nov 18, 2010

    Walter Energy Inc. has offered Canadian $3.3 billion ($3.2 billion) to acquire all outstanding shares of Western Coal Corp. in a deal that would create one of the world’s largest publicly traded producers of metallurgical coke.

  • Consolidated’s Quesnel quits after conviction over share reporting Nov 18, 2010

    The top executive of Consolidated Thompson Iron Mines Ltd. has stepped down after being deemed guilty of alleged violations of Canadian securities regulations by not reporting share purchases in a timely manner.

  • Massey restarts plant as Alpha idles facility Nov 17, 2010

    One metallurgical coal preparation plant is set for idling while another has been restarted earlier than expected.

  • Distributors keep stocks lean as shipments fall Nov 16, 2010

    New mill price hikes on hot-rolled coil won’t mean much if distributors, which take more than one-third of all steel produced in North America, aren’t buying, steel service center sources told AMM Tuesday.

  • Arnold to step up to Ryerson helm in January Nov 11, 2010

    Steel processor and distributor Ryerson Inc. has tapped Michael C. Arnold to serve as its new president and chief executive officer beginning in January.

  • Incentives spur manufacturing spending Nov 11, 2010

    One dozen metals and automotive companies–spurred by generous doses of state and local tax incentives–are expanding and adding jobs, particularly in the old Rust Belt, according to an AMM analysis of numerous announcements over the last six weeks.

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