AMM Daily

Friday Aug 01 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.

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Steel RSS

  • American Railcar’s net jumps 36.4%

    Jul 31, 2014 | 05:04 PMFrank Haflich

    American Railcar Industries Inc.’s net income soared 36.4 percent in the second quarter due in part to stepped-up production of hopper cars and continued strong output of tank cars.

  • Bidders for former USS mill to be disclosed soon

    Jul 31, 2014 | 03:58 PMMichael Cowden

    Leading bidders for Železara Smederevo d.o.o., U.S. Steel Corp.’s former operations in Serbia, are expected to be announced next week—perhaps as soon as Aug. 4, according to industry sources.

  • Universal in midst of 'major transformation'

    Jul 31, 2014 | 03:47 PMRey Mashayekhi

    Universal Stainless & Alloy Products Inc. is "in the middle of a major transformation" as the company continues to seek customer approvals and expand its premium alloy sales, its top executive said.

Nonferrous RSS

Scrap RSS

  • Scrap export tags to Taiwan dip again

    Jul 31, 2014 | 04:19 PMSean Davidson

    Export prices for containerized ferrous scrap to Taiwan slipped for the sixth successive week as mill interest remained bleak.

  • ISRI adds aluminum scrap grade to spec list

    Jul 31, 2014 | 04:18 PMSean Davidson

    The Institute of Scrap Recycling Industries (ISRI) has released a new nonferrous scrap specification to better reflect trade in the market.

  • Scrap trading veteran Peterson retires

    Jul 31, 2014 | 11:43 AMLisa Gordon

    Raymond Peterson retired as vice president of trading at Allegheny Raw Materials Inc. (ARM) after 44 years in the industry, effective July 31.

Supply Chain RSS

  • Boeing to build newest Dreamliner in SC

    Jul 31, 2014 | 05:46 PMFrank Haflich

    Boeing Co.’s South Carolina facility is due to grow in importance after being chosen as the exclusive final assembly site for the newest version of the 787 Dreamliner, disappointing some of the company’s largest unions.

  • American Railcar’s net jumps 36.4%

    Jul 31, 2014 | 05:04 PMFrank Haflich

    American Railcar Industries Inc.’s net income soared 36.4 percent in the second quarter due in part to stepped-up production of hopper cars and continued strong output of tank cars.

  • General Cable posts loss, closes facilities

    Jul 31, 2014 | 04:05 PMSaranya Kapur

    Copper and aluminum wire and cable producer General Cable Corp. has closed three manufacturing facilities in North America, India and Peru as part of its restructuring program.

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