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Peregrine Co. has purchased the assets of secondary carbon steel distributor Sparta Steel for an undisclosed amount.
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Service center Staub Metals Corp. is exiting the light-gauge steel framing fabrication business.
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It’s time for American steel to stand up and speak out to the world. After the restructuring of our industry in the early years of this century, America consolidated, eliminated antiquated operations, invested in more efficient operations and became competitive globally, both in cost and quality.
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The president of Hirschfeld Industries LP’s bridge fabrication division, W.H. Reeves, is retiring at the end of this month.
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Canadian Auto Workers (CAW) union members have ratified a four-year labor agreement with General Motors Co.
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Ford Motor Co. is looking at a range of options to boost fuel efficiency and lower carbon dioxide emissions, including moving away from metals to reduce vehicle weight.
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Olympic Steel Inc. plans to spend $11 million to expand its plate-processing operations in Chambersburg, Pa.
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Faurecia Emissions Control Technologies USA expects to increase its purchases of stainless steel in coming years thanks to an anticipated increase in vehicle sales in North America and around in the world, according to a purchasing executive.
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Coming off a 32.4-percent gain in year-on-year quarterly profits, Worthington Industries Inc. is now facing a slowdown in some of its major markets as buyers turn cautious.
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A cutthroat pricing environment in the Mexican steel distribution sector is making profitability a real challenge for individual service centers, said Raymundo Díaz Oñate, president of Mexican steel distributors association Conadiac.
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The European Union said Thursday it will ask the World Trade Organization (WTO) for authorization to impose sanctions of some $12 billion annually against the United States for allegedly continuing to subsidize Chicago-based Boeing Co.
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Australia is looking for China to step up its resource development investments in the nation as its companies increasingly turn to the Asian country to buy mining equipment.
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The Canadian Auto Workers (CAW) union and Chrysler Group LLC have reached a tentative four-year labor agreement.
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The energy business likely will stand out as a bright spot even as the general economy struggles over the coming years, a top industry executive said.
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U.S. flat-rolled steel prices have fallen this week, and market sources see no immediate end to the slide.
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Monarch Steel Co. Inc. has tapped an industry veteran with three decades of experience to lead the company.
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Veteran steel mill equipment manufacturer Paul S. Morgan died Sunday in Duxbury, Mass., at the age of 88.
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Central Steel & Wire Co. has hired three new territory sales managers.
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The European Union has requested consultations with the United States at the World Trade Organization in a dispute concerning subsidies to producers of large civil aircraft.
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ThyssenKrupp AG will invest $13 million to build a new processing and distribution center in Alabama as part of its Materials Services division.
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In the final results of an anti-dumping duty new shipper review of seamless refined copper pipe and tube from Mexico from Nov. 22, 2010, to April 30, 2011, the Commerce Department’s International Trade Administration (ITA) has assigned a 5.53-percent weighted-average dumping margin to GD Affiliates S de RL de CV.
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Heavy imports earlier this year, along with lingering uncertainty about demand, could mean a slowdown in service center buys of steel plate through the end of the year, according to Jeffery J. Moskaluk, chief commercial officer of SSAB Americas.
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Stainless steel distributors hope that rising October surcharges will lead to increased demand, as buying has failed to grow as much as expected after the typically slow summer.
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General Motors Co.’s research department has developed welding technology that will increase the amount of aluminum used in vehicles, the Detroit-based automaker said.