Top Stories

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    Deal’s end may boost US steelmakers

    Oct 20, 2014

    The termination of a suspension agreement on anti-dumping duties on imports of Russian hot-rolled carbon steel should bolster domestic producers of flat-rolled steel, especially in the wake of recent trade action on oil country tubular goods (OCTG) and line pipe, market sources said. More »

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    Commerce cancels suspension agreement

    Oct 20, 2014

    A long-standing suspension agreement on anti-dumping duties on imports of Russian hot-rolled carbon steel is being terminated. More »

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    Aleris deal seen funding core growth

    Oct 20, 2014

    Aleris Corp.’s sale of its global recycling and specification alloys business is a bold statement on the potential growth of aluminum in future vehicle production, and will help the company finance some of its announced expansions, according to analysts. More »

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    Details on Signature’s creditworthiness awaited

    Oct 20, 2014

    Signature Group Holdings Inc.’s planned acquisition of the global recycling and specification alloys business of Aleris Corp. has left most scrap suppliers awaiting details on the company’s financial strength and its credit insurance profile. More »

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    Worthington acquires CNG fuel systems

    Oct 20, 2014

    Worthington Industries Inc. has acquired a majority interest in compressed natural gas (CNG) fuel systems manufacturer dHybrid Systems. More »

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    Ruling on Turkish rebar challenged by US mills

    Oct 20, 2014

    Domestic steelmakers are challenging a U.S. Commerce Department decision in an anti-dumping and countervailing trade case against rebar imports from Turkey, according to filings with the U.S. Court of International Trade (CIT). More »

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    AWPA won’t take part in wire rod trade case

    Oct 20, 2014

    The American Wire Producers Association (AWPA) will not participate further in the trade case targeting wire rod imports from China after a majority of its members voted against continued participation. More »

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    Essar Steel Algoma issuing notes to pay debt

    Oct 20, 2014

    Essar Steel Algoma Inc. is issuing $350 million in senior secured notes due 2019 and $275 million in junior secured notes due 2021 to pay down debt. More »

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    Airbus to cut A330 build rate

    Oct 20, 2014

    Airbus SAS will reduce output of its A330 aircraft in one of the first indications that the transition from current airliner models to new variants could result in a production slowdown. More »

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    Jem Industries seeks OK to open recovery plant

    Oct 20, 2014

    A Wisconsin foundry waste recycler has cleared a hurdle in its quest to open a recovery facility in Indiana. More »

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    Sims unit settles air pollution claims

    Oct 20, 2014

    A Sims Metal Management Ltd.-owned facility in Detroit has agreed to pay a $110,000 civil penalty and spend $400,000 on environmental projects to settle alleged Clean Air Act violations. More »

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    ISRI launches worker safety initiative

    Oct 20, 2014

    The Institute of Scrap Recycling Industries has created a safety initiative, the Circle of Safety Excellence, to "promote and encourage safety in the workplace." More »

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    Construction starts climb 9.7 precent in Sept.

    Oct 20, 2014

    The value of U.S. construction starts rose 9.7 percent in September to its highest level this year as gains in nonresidential building outweighed a decline in residential construction, according to a key index. More »

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