Top Storieshttp://www.amm.com emulate the stories captured in positionid 2607061©2016 www.amm.com60Top StoriesGlobally SpeakingAMM's Globally Speaking provides essential information for procurement executives, scrap traders and other participants along the steel supply chain who deal with China, Turkey and other Asian countries. It includes international prices for a range of products such as billets, rebar, hot-rolled coil and plate., 25 Aug 2016 22:09:00 GMTFeds quietly pursuing ‘scrapgate’ operativesThree years to the week since federal authorities pulled the trigger on a series of raids targeting Chicago-area scrapyards and headquarter offices, the government is still engaged in a multi-layered quest to prosecute alleged tax evaders., 25 Aug 2016 22:36:00 GMTScrap probe picks up steamThe U.S. Department of Justice (DOJ) has picked up the pace in an investigation into alleged misdeeds in the Midwest recycling market, filing six new felony cases this month., 25 Aug 2016 22:35:00 GMTAuto OEMs cool on 7000-series aluminumSome aluminum alloy producers are reporting a lack of interest from automotive original equipment manufacturers (OEMs) in 7000-series alloys due to reported workability and recycling issues., 25 Aug 2016 18:30:00 GMTSoaring hot-rolled imports to pressure US tagsSoaring hot-rolled sheet imports are expected to put pressure on domestic prices, according to market sources., 25 Aug 2016 21:10:00 GMTATI idles Rowley, ‘consolidates’ Albany opsAllegheny Technologies Inc. (ATI) will indefinitely idle its Rowley, Utah, titanium sponge production facility by the end of the year and will consolidate certain “higher-cost” titanium hot-working operations in Albany, Ore., the company said., 25 Aug 2016 22:02:00 GMTDepressed scrap prices crimp Sims volumesSims Metal Management Ltd. dipped into the red in statutory terms in its recently ended fiscal year, due in part to sales volumes that were materially impacted by reduced flows and depressed scrap selling prices., 25 Aug 2016 20:35:00 GMTRod prices edge lower on cheap dealsDomestic wire rod prices have fallen to as low as $25 per hundredweight ($500 per ton) in certain cases as mills seek sales volumes, according to market participants., 25 Aug 2016 21:30:00 GMTUS Army needs lighter vehicles with more armorThe U.S. Army is keen to introduce lightweighting measures to its next-generation fighting vehicles to make them easier to airlift and to provide capacity for more pounds of armor, a military spokesman said Aug. 24., 25 Aug 2016 15:53:00 GMTAluminum premium flat amid subdued demandThe Midwest aluminum premium remains flat amid a “comatose” spot market, with many market participants saying that a recovery in the premium is unlikely even when the summer slowdown ends., 25 Aug 2016 16:40:00 GMTWeldbend, Boltex seek delay in flange case Weldbend Corp. and Boltex Mfg. Co. LP have asked the U.S. Commerce Department to postpone its preliminary countervailing duty determination for Indian finished carbon steel flanges., 25 Aug 2016 20:05:00 GMTSoft demand, Comex drop weigh on copper scrapA sharp drop in Comex prices paired with softer demand pushed some copper and brass scrap tags lower, while mixed concerns over scrap flow as well as volatility in the terminal markets sent some market participants to the sidelines., 25 Aug 2016 22:05:00 GMTRecycler scrutinized for e-waste practicesA recycler is under scrutiny by the New York State Department of Environmental Conservation (DEC) for alleged improper handling of e-waste., 25 Aug 2016 21:35:00 GMT