Supply Chain RSS

  • PCC invests $30M to integrate Timet operations May 13, 2014

    Precision Castparts Corp. (PCC) is investing $30 million to facilitate the integration of Titanium Metals Corp. (Timet) melted product into the parent company’s downstream processing operations, according to PCC’s top executive.

  • Wal-Mart backs Noranda’s power rate May 13, 2014

    Wal-Mart Stores Inc. is in favor of Noranda Aluminum Holding Corp.’s push for a lower electricity rate in Missouri, citing the severe economic impact on the region should the company’s New Madrid, Mo., smelter close.

  • Kyle succeeds Griffith as Timken chief May 13, 2014

    Timken Co. has promoted Richard G. Kyle to president and chief executive officer, effective immediately, and John M. Timken Jr. has been named non-executive chairman of the Canton, Ohio-based manufacturer of mechanical components and high-performance steels

  • Great Lakes still troubled by ice in April as shipments fall May 13, 2014

    April may have brought warmer temperatures to much of the United States, but it provided little relief to cargo ships on the Great Lakes.

  • Advanced bonding driving aluminum use in autos: analyst May 13, 2014

    The automotive industry is headed toward an aluminum adoption curve that will exceed current expectations and benefit aluminum producers who utilize advanced bonding technologies, according to an analyst at Sterne Agee Group Inc.

  • BMW expanding carbon fiber facility May 12, 2014

    BMW AG plans to triple the capacity of its carbon fiber plant in Moses Lake, Wash., to meet higher demand for lighter-weight components in automotive production.

  • Great Lakes ice plagues iron ore flow in April May 12, 2014

    Iron ore shipments on the Great Lakes remained well below average in April due to heavy ice formations, according to the Lake Carriers’ Association.

  • Steel ‘in battle’ in automotive: ArcelorMittal May 09, 2014

    Advanced high-strength steels are regaining market share in automotive applications that previously favored aluminum, ArcelorMittal SA executives said.

  • Firm coil prices spur latest HSS increase May 09, 2014

    Hollow structural sections (HSS) producers east of the Rockies are pushing through further price increases in response to rising substrate costs.

  • GBC shipments get boost from housing, auto demand May 09, 2014

    Global Brass & Copper Holdings Inc. (GBC) saw shipment volumes increase in the first quarter on the back of higher demand from end-markets such as building and housing, although demand from the electronic/electrical sector was lower.

  • First Nickel recalls workers after mine accident May 08, 2014

    First Nickel Inc. is recalling its workforce and resuming production at the Lockerby mine near Sudbury, Ontario, in the wake of a May 6 incident that claimed the lives of two workers

  • Airframe acquisitions still attractive for PCC May 08, 2014

    More airframe acquisitions are likely in the cards for Precision Castparts Corp. (PCC), chairman and chief executive officer Mark Donegan suggested during a quarterly earnings conference call this week.

  • Market to see copper deficit: Freeport Mc-MoRan May 08, 2014

    Global refined copper production is expected to reach 22.3 million tonnes in 2014, with consumption estimated at 28.1 million tonnes, one executive at Freeport-McMoRan Copper & Gold Inc. said.

  • New mandate could make trucking woes worse May 08, 2014

    Federal and state regulations have had a negative impact on trucking capacity and freight costs, but the worst isn’t over, according to Chris Shimoda, director of policy at the California Trucking Association.

  • Fuel economy drives Ford to aluminum May 08, 2014

    Ford Motor Co.’s switch to aluminum bodies for its F-150 pickup truck stems from its desire to be a trendsetter and to address looming fuel-economy standards, one industry consultant said.

  • MM Steel award stayed as new trial sought May 08, 2014

    A federal judge has stayed a $156-million award to MM Steel LP in the company’s antitrust lawsuit against a number of service centers and steel mills it accused of trying to force it out of business.

  • LNG exports may hurt manufacturing: execs May 08, 2014

    While U.S. steelmakers aren’t opposed to exporting the country’s shale gas reserves, especially in the wake of tensions in the Ukraine, they want to make sure any increases in energy exports don’t come at the expense of domestic manufacturing.

  • Steel is fighting back vs. auto aluminum sheet May 07, 2014

    After being slow to join the battle against automotive aluminum sheet, the steel industry is fighting back with new advanced high-strength steels, industry executives said May 7.

  • RTI’s F-35 titanium shipments set to rise May 07, 2014

    RTI International Metals Inc.’s titanium shipments to the Lockheed-Martin F-35 Joint Strike Fighter program should grow by about one-third this year, and the company’s top executive hopes to win additional work on the JSF program beyond its role as a supplier of mill product.

  • Mine approvals too arduous: Ducey May 07, 2014

    Making the approval process for mining projects less arduous and lengthy will be a core theme of Arizona treasurer Doug Ducey’s campaign for governor, he said at the American Copper Council’s Copper College meeting in Tucson, Ariz.

  • Cliffs considering Midwest DRI joint venture May 07, 2014

    Cliffs Natural Resources Inc. is exploring the possibility of selling direct-reduced iron (DRI) grade pellets to electric-arc furnace (EF) based steelmakers in the Great Lakes region or potentially entering into a joint venture to build a DRI plant, a company executive said.

  • Ellwood-Scot venture to install forging press May 07, 2014

    North American Forgemasters is spending more than $80 million to install a new press for large steel forgings.

  • Auto exec wary of aluminum use in pickups May 07, 2014

    Fiat Chrysler Automobiles (FCA) has flagged "reservations" about the use of aluminum for its lineup of pickup trucks, including the 2017 update to its Ram truck, chief executive officer Sergio Marchionne said during an earnings conference call May 6.

  • Russel bullish on plate after solid 1st quarter May 07, 2014

    Steel plate prices are a bright spot for Canadian service center chain Russel Metals Inc. and should remain so in the near term.

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