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Steel processor China Precision Steel Inc. expects somewhat slower growth in the Chinese steel sector next year due to high inventories and the government’s efforts to rein in inflation, a top company executive told AMM Thursday.
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Mexico’s Grupo Industrial Saltillo SAB de CV (GIS) has completed its purchase of Industrias Xignux SA de CV’s casting operation, Tisamatic SRL de CV, it said in a statement on the Mexican Stock Exchange Web site.
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The majority of copper and brass service centers and suppliers believe that orders at the start of 2012 will remain on par with those of the past three months, according to a report from the Copper and Brass Servicenter Association (CBSA).
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The Institute for Supply Management’s purchasing managers index (PMI) rose 1.9 points in November to 52.7 percent based on gains in new orders, production, inventories and prices.
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A tentative labor agreement could preserve Boeing Co.’s blueprint for expanding production of its 787 Dreamliner while ensuring that manufacturing of its top-selling 737 remains in the Pacific Northwest.
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A new bill introduced Thursday in the House of Representatives aims to ensure that future transportation and infrastructure projects carried out by the government will use steel, iron and manufactured goods produced exclusively in the United States.
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Republicans in the Senate introduced a bill that would force President Obama to approve (not decide on, but approve) the Keystone XL pipeline project within 60 days—something that is certain to fail, or, if it were to pass against expectations, certain to be vetoed.
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A bill introduced Wednesday afternoon by Republican senators aims to force President Obama to approve TransCanada Corp.’s delayed $7-billion Keystone XL Pipeline project within 60 days.
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After nearly five years of negotiations, the United States and South Korea have signed a trade pact, considered one of the most significant trade agreements since the passage of the North American Free Trade Agreement in 1994.
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AMR Corp.’s Chapter 11 filing this week looks to be "very positive" for Boeing Co. in the long run despite orders for 200 planes from AMR subsidiary American Airlines and the likelihood that the carrier will move to restructure some of its leases, the head of Boeing’s airliner unit said.
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SunCoke Energy Inc. expects to produce more coal, obtain permits for a new domestic coke facility and enter the Indian market in the new year, according to its 2012 business outlook.
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Fifty-five percent of the steel used in an award-winning alternative fuel vehicle—the 2012 Honda Civic Natural Gas model—consists of advanced high-strength steels (AHSS), which helped lower the car’s body weight and boosted safety performance.
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Auto industry suppliers in Mexico produced parts valued at $65 billion in 2011, up 13 percent from $57.54 billion last year, according to the national suppliers’ association, Industria Nacional de Autopartes AC (Ina).
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Marmon/Keystone LLC’s Chicago-area warehouse is located in Spring Valley, Ill. A news brief in the Nov. 30 edition incorrectly stated that it was in Bolingbrook, Ill.
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South Korean President Lee Myung-bak signed the U.S.-Korea free-trade agreement on Tuesday amid protests from Korean lawmakers and civilians.
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Ryerson Inc. has opened a 50,000-square-foot service center in Houston devoted to the processing and shipment of long products, primarily to the oil and gas sector.
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The International Brotherhood of Teamsters has filed an appeal to block a U.S. Department of Transportation pilot program that allows Mexican trucks to enter the United States.
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Rumors of port shutdowns along the West Coast by Occupy protesters may pose a threat to market players who depend on those ports to ship metal, but sources say protesters won’t have full steam to accomplish the task ahead without key support from labor unions.
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Northern Steel Castings Inc. has been cited by the Occupational Safety and Health Administration (OSHA) for six alleged safety and health violations at its Wisconsin Rapids, Wis., steel foundry, with fines totaling $95,480 proposed.
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The deadline for the final results of the anti-dumping duty new shipper review concerning uncovered innerspring units from China has been extended for a second time—to Dec. 23—after the Commerce Department’s International Trade Administration (ITA) found that the case was extraordinarily complicated and required additional time to analyze the briefs submitted.
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Ductile, gray and specialty iron foundry operator Grede Holdings LLC has been granted a license to use supplier Georg Fischer AG’s SiboDur iron alloy product in manufacturing.
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Marmon/Keystone LLC has relocated its Chicago-area sales and administrative staff to a new office building in Bolingbrook, Ill., about four miles from the previous location.
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The outlook for automotive suppliers has brightened during the past two months, and three-fourths of companies plan to invest in plants and equipment next year, according to a survey by the Original Equipment Suppliers Association.
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Imperial Alloys Corp. is hoping that its recent acquisition of Teck Metals Ltd.’s galvanizing unit brings the company closer to its goal of being a full-service metals business, executives told AMM.