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Steel

  • China to tax certain steel imports July 31

    China’s Ministry of Finance will cancel tax protections for 78 imported steel products effective July 31, the China Iron and Steel Association (Cisa) said.

  • SunCoke sale of coal mining assets OK’d

    SunCoke Energy Inc.’s board has approved the sale of its coal mining assets.

  • Warren Steel lands lower power rate

    Warren Steel Holdings LLC has received approval from Ohio regulators for a lower power rate and is gearing up to restart operations Aug. 1, it said.

  • Nucor raises mesh $20 per ton

    Nucor Corp.’s rebar and wire rod mill in Wallingford, Conn., has raised prices for all mesh products by $20 per ton ($1 per hundredweight), according to a July 21 letter to customers.

  • Sherman Steel mulling Ohio rebar mill

    A mill construction company is in the early stages of feasibility and marketing studies to build an independent rebar mill in the Youngstown, Ohio, area, AMM has learned.

Scrap

Nonferrous

  • Stronger aero, auto demand lift Kaiser's net

    Kaiser Aluminum Corp.’s net income climbed in the second quarter as improved secular demand for aerospace, automotive and extrusion applications helped offset lower prices for heat-treat plate products.

  • Freeport-McMoRan bullish on copper prices

    Freeport-McMoRan Inc.’s realized copper prices have been flat, but the company expects prices to be strong going forward.

  • Strong demand lifts Freeport’s moly prices

    Freeport-McMoRan Inc. has credited improved demand for a rise in molybdenum prices in the second quarter.

  • Schumer backs US ferrosilicon firms

    Sen. Charles Schume has urged the Commerce Department to consider allegations from companies including Globe Specialty Metals Inc. that Russian suppliers of ferrosilicon "misreported critical facts" during the agency’s anti-dumping investigation.

  • Noranda Income Fund logs loss in 2d qtr.

    Noranda Income Fund, which owns a zinc processing facility in Quebec, posted a second-quarter net loss due to an unplanned maintenance outage, electrical equipment failures and lower zinc metal production and sales.

Supply Chain

  • Greenbrier cheers new rail car standards plan

    The U.S. Department of Transportation (DOT) has proposed new measures for moving oil and hazardous materials via rail, drawing an initial positive response from at least one rail car builder.

  • Ford F-150 pickup sheds more weight

    Ford Motor Co.’s 2015 aluminum-bodied F-150 pickup truck will weigh up to 732 pounds less than the prior-year model, Ford truck communications manager Mike Levine told AMM.

  • Structural steel prices seen stable in 2d half

    North American construction costs rose for the 30th straight month in July amid higher fabricated structural steel prices, although pricing is expected to stabilize for the balance of the year, according to an IHS Inc. research report.

  • Nonresidential starts drive building gains

    The value of U.S. construction starts rose 6.3 percent in June, spurred by an 11.8-percent jump in the nonresidential building sector that was paced by manufacturing projects.

  • TransCanada gets pipeline OK

    TransCanada Corp. has received regulatory approval to build a 56-mile pipeline in Alberta.

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  • Is it time to shred the shredders? by Jo Isenberg

    Oklahoma resident Eileen Rowley claims that windows have been cracked and house foundations damaged due to “sonic booms” permeating her neighborhood. And she’s not alone.

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