AMM Daily

Tuesday Jul 29 2014
AMM’s daily issue is a collection of the top stories as selected by our editors. Access is restricted to subscribers and trialists so if you aren’t subscribing, you are missing the benefit of our editors' experience in judging the most critical news items of the day. Subscribe or take a free trial today.

Latest News By Category

Steel RSS

  • PTC locks out workers at Ohio plant

    Jul 28, 2014 | 06:05 PMThorsten Schier

    PTC Alliance Corp. locked out unionized workers at its Alliance, Ohio, manufacturing facility July 28 after they voted down a proposed labor deal, AMM has learned.

  • USS amends credit agreements for Canada ops

    Jul 28, 2014 | 01:28 PMMichael Cowden

    U.S. Steel Corp. may be looking to restructure its operations in Canada and has reached an agreement with lenders to modify some financing terms to allow for possible changes, filings with U.S. securities regulators and sources familiar with the matter indicated.

  • Nucor, Gerdau hiking rebar prices $10/ton

    Jul 28, 2014 | 12:25 PMNat Rudarakanchana

    Nucor Corp. and Gerdau Long Steel North America have raised prices on reinforcing bar products by $10 per ton (50 cents per hundredweight) effective with new orders July 28.

Nonferrous RSS

  • NM finance board to review revenue bonds for CN Wire

    Jul 28, 2014 | 07:27 PMSaranya Kapur

    New Mexico’s move to issue industrial revenue bonds to Turkey-based copper wire manufacturer CN Wire Corp. has been put on hold and will be subject to a hearing by the New Mexico State Board of Finance.

  • Aluminum shipments fall in June

    Jul 28, 2014 | 07:18 PMNathan Laliberte

    North American aluminum shipments fell in June but rose year to date as "weakness in can sheet is offsetting gains in many other product types," according to Timothy Hayes, principal of New York-based Lawrence Capital Management Inc.

  • Boeing to reach titanium balance by ’15: ATI

    Jul 28, 2014 | 07:10 PMFrank Haflich

    Boeing Co.’s titanium inventory should be "in balance" by next year, according to the top executive at Allegheny Technologies Corp. (ATI)

Scrap RSS

  • Market split on Turkey scrap price direction

    Jul 28, 2014 | 04:13 PMSean Davidson

    U.S. bulk ferrous scrap export activity is expected to slow down this week due to religious holidays in Turkey and the Middle East along with tepid demand from Asia.

  • Scrap export prices to India pressured

    Jul 25, 2014 | 05:43 PMSean Davidson

    Prices for containerized ferrous scrap exported to India are under pressure as poor demand and currency markets sent prices lower over the past few weeks.

  • Pull-A-Part planning to open Pa. retail facility

    Jul 25, 2014 | 05:13 PMRey Mashayekhi

    Auto parts recycler Pull-A-Part LLC will open a site in West Mifflin, Pa., its first location in the northeastern United States.

Supply Chain RSS

  • NM finance board to review revenue bonds for CN Wire

    Jul 28, 2014 | 07:27 PMSaranya Kapur

    New Mexico’s move to issue industrial revenue bonds to Turkey-based copper wire manufacturer CN Wire Corp. has been put on hold and will be subject to a hearing by the New Mexico State Board of Finance.

  • Ford’s aluminum F-150 gets price hike

    Jul 28, 2014 | 03:18 PMNathan Laliberte

    Ford Motor Co. has begun receiving orders from U.S. and Canadian dealers for the 2015 F-150, an aluminum-bodied pickup truck that will be priced slightly higher than the 2014 model.

  • ATI sees premium rating for Rowley by '15

    Jul 28, 2014 | 12:09 PMFrank Haflich

    Allegheny Technologies Inc. (ATI) expects to wind up its pursuit of a premium-quality rating for titanium sponge products for use in aircraft engines by next year.

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