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Wednesday Jun 19 2013
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.

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Steel RSS

  • Buyers question mill hikes as shipments lag

    Jun 18, 2013 | 06:37 PMMichael Cowden

    U.S. and Canadian service centers recorded drops in both steel shipments and inventories in May as market players questioned the ability of domestic mills to stick to their guns on recently announced price moves.

  • Alita plans $120M OCTG mill in US

    Jun 18, 2013 | 06:29 PMThorsten Schier

    Alita USA is planning to spend $120 million to build a welded oil country tubular goods (OCTG) mill in the United States capable of producing 150,000 tonnes of finished product annually, according to president and chief executive officer Ali Hosseini.

  • Unfair steel imports stalling recovery: Longhi

    Jun 18, 2013 | 05:36 PMAnne Riley

    Skyrocketing overcapacity in the steel sector continues to be one of the U.S. industry’s main challenges, particularly as weak trade laws and lax enforcement encourage many foreign mills to send unfairly traded volumes stateside, a top U.S. Steel Corp. executive said.

Nonferrous RSS

  • Falling copper prices could draw out bargain shoppers

    Jun 18, 2013 | 06:12 PMEverdeen Mason

    Copper prices hit a 1.5-month low June 18, but sources expect that to turn around later in the week when buyers start looking to purchase low-cost copper.

  • Exide allowed to reopen Calif. recycling plant

    Jun 18, 2013 | 04:31 PMNathan Laliberte

    Troubled battery maker Exide Technologies Inc. has been granted a temporary reprieve that prevents California’s Department of Toxic Substances Control (DTSC) from enforcing an order to suspend operations at the company’s Vernon, Calif., recycling plant.

  • Copper distributor lead times narrow

    Jun 18, 2013 | 03:30 PMEverdeen Mason

    Copper and brass service centers’ lead times have dropped dramatically as a result of an ongoing slump in demand.

Scrap RSS

  • Exide allowed to reopen Calif. recycling plant

    Jun 18, 2013 | 04:31 PMNathan Laliberte

    Troubled battery maker Exide Technologies Inc. has been granted a temporary reprieve that prevents California’s Department of Toxic Substances Control (DTSC) from enforcing an order to suspend operations at the company’s Vernon, Calif., recycling plant.

  • China steel industry outlook ‘calamitous’: WSD

    Jun 18, 2013 | 04:00 PMFrank Haflich

    China’s steel industry is in a "calamitous situation" as its era of breakneck growth comes to an end and demand by 2015 "may not be much changed from 2013," an industry analyst said at the Steel Success Strategies XXVIII conference in New York.

  • Aluminum scrap prices down on supply glut

    Jun 18, 2013 | 03:00 PMNathan Laliberte

    Most prices for smelter-grade aluminum scrap fell June 17 as improved supply and lower exchange prices weighed on the secondary market, sources said.

Supply Chain RSS

  • Buyers question mill hikes as shipments lag

    Jun 18, 2013 | 06:37 PMMichael Cowden

    U.S. and Canadian service centers recorded drops in both steel shipments and inventories in May as market players questioned the ability of domestic mills to stick to their guns on recently announced price moves.

  • Aluminum shipments fall in May: MSCI

    Jun 18, 2013 | 05:11 PMMichael Cowden

    North American service center sources debated the future health of the aluminum market amid news that U.S. aluminum shipments and inventories dipped in May compared with a year earlier.

  • Copper distributor lead times narrow

    Jun 18, 2013 | 03:30 PMEverdeen Mason

    Copper and brass service centers’ lead times have dropped dramatically as a result of an ongoing slump in demand.

  1. More US steel mills follow sheet hikes
  2. TK slab mill faces blast furnace issues in Brazil
  3. SBQ prices dip slightly as order entry dries up
  4. Scrap veteran Marshall Glick dies at 64
  5. Pennsylvania governor ousts scrap veteran from state role

Latest Pricing Trends

Palladium-1.58%
Aluminum-1.29%
Nickel-0.95%
Platinum-0.88%
Gold-0.47%
Aluminum Alloy-0.33%
Copper-0.08%
Zinc-0.08%
Lead-0.02%
Tin0.24%
From 06/17/2013 

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

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