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• PBGC files objection to Ormet sale

  May 15, 2013

  ... An auction was canceled because no bids other than that from ... Ohio-based Ormet's assets not with cash but through a credit bid based on ... View this article

• Bankrupt Ormet sold to Wayzata

  May 10, 2013

  ... Ohio-based company had originally been scheduled to go to auction next week, but the auction was canceled because no bids besides that from ... View this article

• TK Steel Americas talks said 'intense'

  May 03, 2013

  ... follows months of behind-doors bidding and negotiations for ... which was put on the auction block last ... that a rumored $2.1-billion bid by ArcelorMittal ... View this article

• Chinese-backed HSS, ERW tube producer exiting mart

  Apr 23, 2013

  ... of China's Jiangsu Qiyuan Group, is auctioning off all ... A company source confirmed the auction but declined ... noting that he would be bidding on the ... View this article

• Japan's ferrous scrap export tags continue to lose ground

  Apr 11, 2013

  The highest winning bid at the latest auction by Tokyo-area scrap dealers for deliveries next month of H2 grade scrap (a mix of No. 1 and No. ... View this article

• USW approves labor pact with Ormet suitor

  Apr 04, 2013

  ... "Until the May bid process occurs ... An auction for Ormet is scheduled to be conducted May ... If no qualifying bids are received except that from Smelter ... View this article

• Interview with scrap 'maverick' Adam Weitsman

  Mar 28, 2013

  ... are merely a Social Security number, and when things go bad they just ... area is Ohio, having recently purchased in a bankruptcy auction the assets ... View this article

• Ormet bidding procedures approved

  Mar 27, 2013

  ... creditors had argued that proposed bidding procedures for ... its lenders could make a credit bid for the ... The judge said that an auction for Ormet will ... View this article

• Japanese scrap price could be set for decline

  Mar 25, 2013

  ... winning bid for deliveries of H2-grade scrap for next month rise by ¥1,337 ($14) per tonne to ¥34,915 ($369) per tonne fas from the prior auction ... View this article

• Tokyo Steel scrap buying price at 1-year high

  Mar 15, 2013

  ... 2012 in response to a large jump in the latest export auction prices. ... early during the week of March 11, with the average winning bid for deliveries ... View this article