Supply Chain

  • Mississippi River's levels threaten shipping Nov 12, 2012

    Certain sections of the Mississippi River could close to commercial traffic by mid-December due to low water conditions unless action is taken to increase flows or remove obstacles, shipping sources told AMM.

  • Edgen’s 3d-qtr. earnings rise on OCTG, energy segments Nov 12, 2012

    Edgen Group Inc.’s profits surged in the third quarter as its energy and infrastructure group, as well as its oil country tubular goods (OCTG) segment, reported stronger results

  • Hawker Beechcraft to close facilities in Ch. 11 restructuring Nov 12, 2012

    Aircraft manufacturer Hawker Beechcraft Inc. said it will close three of its locations in the United States and lay off more than 400 employees as it looks to cut costs ahead of its proposed emergence from bankruptcy as a standalone company renamed Beechcraft Corp.

  • Handy & Harman earnings slide 15.6% in third quarter Nov 12, 2012

    Handy & Harman Ltd. logged a second consecutive decline in net income during the third quarter as higher income taxes stifled returns.

  • US steel industry hurt by trade barriers: AISI Nov 12, 2012

    Trade restrictions from a number of countries are distorting global trade and international competition for the U.S. steel industry, according to a 33-page American Iron and Steel Institute (AISI) report submitted last month to the U.S. Trade Representative’s Office.

  • Mazda will produce Toyota vehicle at new Mexico plant Nov 12, 2012

    Mazda Motor Corp.’s plant in Mexico will manufacture a Toyota Motor Corp.-brand vehicle for sale mainly in North America, the two companies announced.

  • Timet’s net income, sales drop in 3d qtr. Nov 12, 2012

    Titanium Metals Corp. (Timet) saw net income and sales fall in the third quarter compared with the same period last year as a rise in average selling prices only partially offset a drop in overall shipment volumes, the company said.

  • SB, CarTech unit ink supply deal Nov 12, 2012

    Tool steel distributor SB Specialty Metals LLC has entered a deal to buy all of its gas-atomized powder metal tool and high-speed steels from Carpenter Powder Products (CPP) for the foreseeable future.

  • AT&F adds new steel plate blaster Nov 12, 2012

    American Tank & Fabricating Co. (AT&F) has installed a new steel plate blasting system at its Cleveland plant.

  • ITA closed hearing on S. Korea washers set for Nov. 14 Nov 09, 2012

    The Commerce Department’s International Trade Administration (ITA) intends to conduct a closed-session portion of the Nov. 14 hearing on the anti-dumping duty investigation of large residential washers from South Korea.

  • MidWest Materials revamps facility, adds leveling system Nov 09, 2012

    MidWest Materials Inc. has completed a multimillion-dollar investment in its facility and equipment.

  • Russel closes on purchase of oilfield supply firm Apex Nov 09, 2012

    Processor and distributor Russel Metals Inc. has completed its Canadian $225-million ($225-million) acquisition of Apex Distribution Inc. and its subsidiaries.

  • Klöckner rationalizes capacity on weak EU Nov 08, 2012

    Independent steel and nonferrous metals distributor Klöckner & Co. SE posted a third-quarter net loss of €28 million ($35.7 million) on a 2-percent downturn in global sales, in large part due to economic weakness in Europe and consistent price pressure on steel products over the past six months.

  • Kloeckner starts construction on Ala. slitter Nov 08, 2012

    Kloeckner Metals USA’s planned slitting plant on the campus of ThyssenKrupp Steel USA Inc.’s steelmaking complex in Calvert, Ala., is now under construction.

  • Steel sheet price hike gives market relief: Olympic Nov 08, 2012

    Global oversupply, soft demand and negative sentiment continue to plague the steel market, Olympic Steel Inc. president and chief operating officer David Wolfort said during the company’s quarterly earnings call Thursday.

  • Brazil’s flat steel distribution sales seen growing 2% in ’12 Nov 08, 2012

    Sales by Brazilian flat steel distributors and service centers are expected to increase about 2 percent this year, according to Carlos Loureiro, president of Brazilian steel association Inda.

  • New Chinese leaders to boost growth: Kleinfeld Nov 08, 2012

    China is set to push ahead with a vast infrastructure program that will boost economic growth as the country’s leadership change takes place, according to Klaus Kleinfeld, chairman and chief executive officer of Pittsburgh-based aluminum producer Alcoa Inc.

  • Enbridge plans crude oil pipeline Nov 08, 2012

    Enbridge Inc. plans to build, own and operate a deepwater crude oil pipeline in the Gulf of Mexico.

  • Suppliers scrambling on lack of visibility, but recovery may be near Nov 07, 2012

    A lack of visibility has left suppliers to the heavy truck manufacturing industry scrambling amid a downturn in demand, according to Dana Holding Corp. and Allison Transmission Inc., although data from market researchers suggest a recovery could be in the offing.

  • Accuride moves to head off slumping truck mart Nov 07, 2012

    Parts manufacturer Accuride Corp. has been very clear on how the falloff in truck build rates has affected its business as the North American industry struggles to work off an excess inventory of finished vehicles after it overbuilt for its market needs.

  • Obama re-election divides US metals industry Nov 07, 2012

    Metals industry participants who were hoping a change in power at the White House would stimulate fundamental change in the marketplace may have to reconsider their next moves.

  • Truck builders respond to low demand Nov 07, 2012

    Truck and engine builders and suppliers of axles, wheels and other components are working quickly to cut production, trim work forces and lower costs as demand for Class 5 to 8 trucks has fallen precipitously in the second half of 2012.

  • Copper, brass shipments decline in Sept.: CBSA Nov 07, 2012

    Copper and brass shipments fell in September, according to the Copper and Brass Servicenter Association (CBSA).

  • Have Your Say: Obama's re-election Nov 07, 2012

    Join the discussion: how is your company responding to the news of Obama’s successful White House bid? How will your spending and investment plans change as a result? Was the election as big a factor as some said in recent decision-making, or was it just a convenient excuse to stop buying at a time of lackluster demand?

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