Supply Chain

• CarTech, Universal win contracts with Rolls-Royce Apr 25, 2013

  Carpenter Technology Corp. and Universal Stainless & Alloy Products Inc. have both announced contract wins with Rolls-Royce Plc.

• Steel prices must be at the bottom: Reliance Apr 25, 2013

  Soft demand and weak carbon steel pricing are likely to persist during the rest of 2013, Reliance Steel & Aluminum Co. executives say.

• Former Taylor Steel salesman Williams dies at 71 Apr 25, 2013

  John B. "Bart" Williams, 71, a former top salesman at Taylor Steel Inc., died April 22.

• Metals shipments, orders up in March Apr 25, 2013

  Primary and fabricated metals shipments and new orders all improved strongly in March compared with the previous month, while inventories were mixed.

• TransCanada defends Keystone XL report Apr 25, 2013

  The U.S. State Department’s supplemental environmental impact statement (DSEIS) on TransCanada Corp.’s rerouted Keystone XL pipeline "strengthened the analysis presented to date" but did not adequately address potential risks, according to the federal Environmental Protection Agency.

• ITC revises dumping margins on steel nail imports Apr 25, 2013

  Citing a ministerial error in an anti-dumping duty administrative review of steel nails from China from April 1, 2010, to July 31, 2011, the Commerce Department’s International Trade Administration has revised the weighted-average dumping margins.

• Ford bullish on North America investments Apr 25, 2013

  Ford Motor Co. will continue to invest in the United States and other parts of North America as auto sales increase and as its market share rises incrementally, executives say.

• N. America automaker opts to use ArcelorMittal’s AHSS Apr 25, 2013

  A large north American vehicle manufacturer will use ArcelorMittal SA’s steels in its lightweight vehicles, Prabhat Rastogi, the steelmaker’s worldwide sales and marketing manager, said April 24.

• Metal stamper Larson Tool names Resendes quality manager Apr 25, 2013

  Precision metal stamper Larson Tool Co. has promoted Manny Resendes to quality assurance manager.

• Non-military work targeted by CPI Aero in face of cuts Apr 24, 2013

  CPI Aerostructures Inc. has extended a business jet manufacturing deal as it looks to build non-military business in the midst of federal budget sequestration.

• Boeing holds to 787 delivery targets Apr 24, 2013

  Fresh off winning approval of a fix to its 787 Dreamliner after it was grounded for three months, aerospace giant Boeing Co. is still aiming to meet this year’s original delivery forecasts for the aircraft.

• Accuride rolls deeper into the red Apr 24, 2013

  Wheel manufacturer Accuride Corp. posted a first-quarter net loss of more than $15.9 million, up sharply from a $2.9-million loss in the same period last year on sales that fell 28.6 percent to $192.5 million.

• Whirlpool profits soar on cost-cutting moves Apr 24, 2013

  Whirlpool Corp.’s net income soared to $252 million in the first quarter from $92 million in the same period last year despite a 2.3-percent dip in sales to just under $4.25 billion.

• Fla. manufacturer Stainless Marine files suit vs. BP Apr 24, 2013

  Stainless steel boating product manufacturer Stainless Marine Inc. has filed a lawsuit against BP Plc and two of its subsidiaries for economic damages caused by the 2010 Deepwater Horizon rig explosion and oil spill.

• Timken’s net tumbles on lower demand Apr 24, 2013

  CHICAGO — Timken Co.’s net income plunged year on year in the first quarter, but the company managed to sustain double-digit operating margins despite low levels of capacity utilization, the company’s top executive said.

• Construction growth continues, but slowing Apr 24, 2013

  A key indicator for nonresidential construction activity was positive for the eighth month in a row in March, signaling a boom for the steel market, even as the rate of growth eased compared with previous months.

• Strong North American sales power Ford's results Apr 24, 2013

  Ford Motor Co. recorded net income of $1.61 billion in the first quarter of 2013, up 15.4 percent year over year, on sales that grew 10.5 percent to $35.8 billion.

• Fla. boating product manufacturer files suit vs. BP Apr 24, 2013

  Stainless steel boating product manufacturer Stainless Marine Inc. has filed a lawsuit against BP Plc and two of its subsidiaries for economic damages caused by the 2010 Deepwater Horizon rig explosion and oil spill.

• AMM steel awards finalists announced Apr 24, 2013

  Finalists drawn from the largest, most competitive pool of applicants ever nominated have been announced for AMM’s annual Awards for Steel Excellence.

• Mississippi River nears crest, but more rain is seen ahead Apr 23, 2013

  The U.S. Army Corps of Engineers’ daily river gauge report showed the Mississippi River reaching 34.8 feet at St. Louis on April 23, nearly 5 feet above flood stage, with forecasts calling for the river to reach 35.5 feet April 24 before falling again.

• Flooding still hinders scrap shipments Apr 23, 2013

  The U.S. Army Corps of Engineers has scheduled the reopening of locks and dams on the upper Mississippi River, but floodwaters were still cresting April 23 and were expected to continue to do so at points along the Illinois and Mississippi rivers over the next several days.

• Caterpillar’s outlook dims on mining investment drop-off Apr 23, 2013

  Caterpillar Inc.’s resource industries group saw sales decline in the first quarter as mining investment growth slowed worldwide and North American utilities continued to adopt natural gas as a fuel.

• Triton, SMI team to make fiber-reinforced aluminum Apr 23, 2013

  Triton Systems Inc. and Specialty Materials Inc. are teaming in a collaboration keyed to manufacture fiber-reinforced aluminum (FRA).

• Lund buys Tradesman Truck; additional acquisitions seen Apr 23, 2013

  Lund International Holding Co. has acquired Tradesman Truck Accessories LLC and is mulling additional acquisitions, the company said April 22.