Top Storieshttp://www.amm.comhttp://feeds.feedburner.com/amm/lYqlTo emulate the stories captured in positionid 2607061©2015 www.amm.com60Top StoriesNucor’s DRI facility pressures scrap tagsNucor Corp.’s direct-reduced iron (DRI) plant in St. James Parish, La., has put significant pressure on U.S. scrap markets, helping to drag down ferrous scrap prices by around $100 per ton in February, according to the company’s top executive. http://www.amm.com/Article/3447953/Nucors-DRI-facility-pressures-scrap-tags.htmlFri, 24 Apr 2015 19:35:00 GMTHot-roll coil prices might be near floorHot-rolled coil prices held steady this past week for the first time this year, with industry participants saying that domestic tags were at or close to a bottom. http://www.amm.com/Article/3447916/Hot-roll-coil-prices-might-be-near-floor.htmlFri, 24 Apr 2015 17:37:00 GMTImported sheet tags slidePrices for offshore flat-rolled steel dropped again this past week, with some traders doubtful that the U.S. market had bottomed as a result. http://www.amm.com/Article/3447962/Imported-sheet-tags-slide.htmlFri, 24 Apr 2015 21:51:00 GMTRebar tags flat, import flood expectedNEW YORK — U.S. rebar prices have held steady over the past two weeks, even as import markets anticipate slightly higher pricing in the near term, market participants told AMM. http://www.amm.com/Article/3447961/Rebar-tags-flat-import-flood-expected.htmlFri, 24 Apr 2015 21:43:00 GMTAluminum assesses China tax cutNorth American aluminum suppliers are cautiously eyeing China’s decision to remove export taxes on certain aluminum products, although it’s questionable whether the material will appear in the P1020 market. http://www.amm.com/Article/3447965/Aluminum-assesses-China-tax-cut.htmlFri, 24 Apr 2015 22:10:00 GMTFast-track bill clears hurdlesA measure to fast-track trade agreements has passed with some amendments, but not those that had been hoped for by the metals industry. http://www.amm.com/Article/3447951/Fast-track-bill-clears-hurdles.htmlFri, 24 Apr 2015 19:10:00 GMTWire rod prices steady as market eyes scrapU.S. wire rod prices are flat as the market awaits scrap settlements in early May, with several market participants set to negotiate pricing and book orders for next month at the upcoming Interwire conference. http://www.amm.com/Article/3447958/Wire-rod-prices-steady-as-market-eyes-scrap.htmlFri, 24 Apr 2015 21:26:00 GMTNow is time for steel hike, Reliance saysNow is the perfect time for price increases in steel even as imported products are flooding the market, a top Reliance Steel & Aluminum Co. executive said. http://www.amm.com/Article/3447973/Now-is-time-for-steel-hike-Reliance-says.htmlFri, 24 Apr 2015 23:26:00 GMTConstruction startups slump in MarchSteep pullbacks in nonresidential and nonbuilding construction pushed new construction starts down 13.3 percent in March from the previous month, according to a benchmark index. http://www.amm.com/Article/3447964/Construction-startups-slump-in-March.htmlFri, 24 Apr 2015 22:06:00 GMTFerroalloy suppliers hopeful of stronger demandFerroalloy suppliers have been buoyed by a marginal bounce in the steel capacity utilization rate and optimism over improving demand, although spot prices have yet to show signs of recovery. http://www.amm.com/Article/3447947/Ferroalloy-suppliers-hopeful-of-stronger-demand.htmlFri, 24 Apr 2015 18:58:00 GMTUBC prices ease, deliveries at mid-JuneThe used beverage can (UBC) market is under pressure as high inventories and strong flows push prices down, aluminum scrap market participants said. http://www.amm.com/Article/3447970/UBC-prices-ease-deliveries-at-mid-June.htmlFri, 24 Apr 2015 23:00:00 GMTJCI’s earnings boosted by battery shipmentsJohnson Controls Inc.’s (JCI’s) earnings soared in its fiscal second quarter on strong shipments of lead-acid batteries and higher levels of global automotive production. http://www.amm.com/Article/3447971/JCIs-earnings-boosted-by-battery-shipments.htmlFri, 24 Apr 2015 23:03:00 GMTAluminum’s adaptability seen key to auto growthThe aluminum industry’s ability to meet strong demand as a result of growth in the automotive sector while maintaining its credentials as a sustainable industry was a key focal point at the Aluminum Association’s spring meeting in Dana Point, Calif., this past week.http://www.amm.com/Article/3447969/Aluminums-adaptability-seen-key-to-auto-growth.htmlFri, 24 Apr 2015 22:37:00 GMT