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Drivers for energy demand include population growth and economic activity. While the world population will grow to 9 billion by 2040 from 7 billion, economies around the world are becoming more efficient with their energy consumption, and at an accelerated pace.
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The House Transportation and Infrastructure Committee has approved legislation that would expedite the permitting of TransCanada Corp.’s proposed Keystone XL pipeline.
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Dyson Corp. has said that an analysis of steel anchor rods it made for the San Francisco-Oakland Bay Bridge "exonerates" the company on the failure of several of the rods.
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Southern Recycling LLC has joined several environmental groups in their efforts to revise a general permit that regulates the sinking of U.S. Navy vessels.
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Tennessee Gas Pipeline Co. LLC (TGP) has signed a 20-year transportation agreement with Japan’s Mitsubishi Corp. to ship 600,000 dekatherms per day of natural gas to the proposed Cameron liquefied natural gas (LNG) liquefaction facility in Louisiana.
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The boom in shale oil and gas, and tar sands oil output is good news for America, as well as the U.S. energy and metals sectors, a Marathon Petroleum Corp. executive said May 16.
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The European Union is going to have a very difficult time recovering from its sovereign debt crisis, banking crisis, structural crisis and competitive crisis, according to Gisbert Rühl, chairman and chief executive officer of Duisburg, Germany-based Klöckner & Co. SE.
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Enforcing U.S. trade policy and capitalizing on low-priced natural gas will help U.S. steelmakers while offering broad economic benefits, including job creation and manufacturing growth, a number of steel executives said at an industry conference May 16.
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Service center sources are divided over whether recent data that showed declines in U.S. aluminum shipments and inventories last month indicate tough times ahead.
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A waterways infrastructure bill easily passed the Senate May 15, a development that steel interests say will benefit shipping by improving navigation.
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A federal judge has denied a six-month extension to a group of large steel mills and distributors named in a lawsuit brought by MM Steel LP alleging they conspired to drive MM Steel out of the market.
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While the United States remains one of the strongest economies globally, lackluster growth and a large fiscal deficit may cause serious downward pressure in the near term, according to one economist.
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Pipe and tube distributors say they would welcome a move by flat-rolled steelmakers to take capacity offline in order to prop up pricing for the substrate.
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John E. Reed, chairman and chief executive officer of Mestek Inc., died May 9. He was 97.
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Kobe Aluminum Automotive Products LLC (KAAP) has broken ground on a $66-million expansion at its Bowling Green, Ky., facility as the company looks to boost its offerings to the automotive sector.
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William T. Phillips, founder and chairman of Phillips Service Industries Inc., has died at age 79 following a battle with amyotrophic lateral sclerosis, commonly known as Lou Gehrig’s disease.
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U.S. service centers saw both aluminum shipments and inventories decline in April from the same month a year ago, while Canadian distributors watched both rise in the same comparison, Metals Service Center Institute (MSCI) data show.
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The North Carolina House of Representatives has passed a bill that would effectively block the use of Leadership in Energy and Environmental Design (LEED) ratings for public projects, a move that Nucor Corp. protested because it could hurt steel mills in the region that sell construction-related products.
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TransDigm Group Inc. has entered a deal to buy aerospace component manufacturer Arkwin Industries Inc. for about $286 million in cash, marking its second announced acquisition, the company said May 15.
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Kinder Morgan Energy Partners LP is planning to invest $106 million in Texas.
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Greenbrier Cos. is retiring $52.9 million of its outstanding convertible debt.
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Mexico’s construction sector contracted 2.3 percent year on year in the first quarter due to a squeeze on cash flows and delays to public works spending as a new government took power.
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Nissan North America Inc. and Car Charging Group Inc., which provides electric vehicle (EV) charging services, launched a joint initiative to expand the nationwide network of EV charging stations.
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Bri-Chem Corp. says it is hard to predict how the rest of the year will shape up for the North American drilling market, although it does expect a second-quarter decline in Canadian activity due to the snow melt.