AMM Daily

Saturday Sep 20 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

  • Buyout offer for Schuff slated to expire

    Sep 19, 2014 | 07:10 PMNat Rudarakanchana

    A buyout offer targeting steel fabricator Schuff International Inc., seeking to acquire shares from existing shareholders, was due to expire Sept. 19, although the ultimate outcome of the proposal remains unknown.

  • US wire rod mills request steep duties

    Sep 19, 2014 | 06:49 PMNat Rudarakanchana

    U.S. wire rod producers have asked the Commerce Department to levy high anti-subsidy duties on Chinese wire exporters in their final decision, citing the withdrawal of Chinese companies from the investigation as key factors.

  • Global stainless steel output rises in 2d qtr.

    Sep 19, 2014 | 06:17 PMRey Mashayekhi

    Global stainless steel output continues to log gains, rising to 10.72 million tonnes in the second quarter, according to the International Stainless Steel Forum (ISSF).

Nonferrous

  • US zinc premiums up as LME pricing steps back

    Sep 19, 2014 | 07:29 PMSaranya Kapur

    Premiums for special-high-grade zinc edged up as North American demand began to shake off the summer lull and end-market demand began to boost zinc consumption, market participants said.

  • USW seeks ‘fair’ contract for Sherwin workers

    Sep 19, 2014 | 06:46 PMNathan Laliberte

    Employees of Sherwin Alumina Co. LLC are trying to reach a "fair and equitable" labor agreement in contract negotiations with the company, according to the United Steelworkers union.

  • Ferrosilicon prices narrow as market diverges

    Sep 19, 2014 | 05:25 PMDaniel Fitzgerald

    Ferrosilicon spot prices have begun to diverge, with some traders reportedly chasing sales in order to liquidate their positions while others are holding firm at around $1 per pound.

Scrap

Supply Chain

  • IWG unit's suit seeks to declare CN Wire bonds invalid

    Sep 19, 2014 | 07:50 PMSaranya Kapur

    Omega Wire Inc. is suing Turkish wire manufacturer CN Wire Corp. and the city of Anthony, N.M., seeking to have the issuance of industrial revenue bonds approved by the city to CN Wire declared invalid.

  • Buyout offer for Schuff slated to expire

    Sep 19, 2014 | 07:10 PMNat Rudarakanchana

    A buyout offer targeting steel fabricator Schuff International Inc., seeking to acquire shares from existing shareholders, was due to expire Sept. 19, although the ultimate outcome of the proposal remains unknown.

  • Deal set to clean up Sparrows Point

    Sep 19, 2014 | 05:46 PMThorsten Schier

    Sparrows Point Terminal LLC, the new owners of the Sparrows Point peninsula, has entered into an environmental agreement with the Maryland Department of the Environment and the Environmental Protection Agency to revitalize the former steelmaking site.

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