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• Steel supply exec jailed for US Export-Import Bank fraud

  May 22, 2013

  ... As a result of the fraud, all of the loans defaulted and the Ex-Im Bank was forced to make $7.5 million in claim payments to the lending bank. ... View this article

• Stemcor said planning asset sales as part of restructuring

  May 15, 2013

  ... of the prominent steel, nonferrous and chemicals trader, coupled with poor market sentiment, has made banks more wary about lending to trading ... View this article

• Miners must decrease costs to increase ability to borrow

  May 01, 2013

  ... At the same time, the traditional mining banks are in most cases not lending with the same enthusiasm as in 2005-11, he said. ... View this article

• Letter to the Editor: Proposed scrap laws 'more cosmetic than ...

  Apr 30, 2013

  ... workable solutions. Consequently, we cannot lend our support or endorsement to this package of bills in the current form. We ... View this article

• Steel plate lead times said factor to watch

  Apr 26, 2013

  ... maintenance outages at several plate mills, including SSAB Americas' outage in Montpelier, Iowa, were one major factor lending strength to first ... View this article

• Market ripe for borrowing, mergers: CBFC economist

  Apr 15, 2013

  ... Fla. Banks are willing to lend and borrowers should take advantage of the current low interest rates, Beaulieu said. "Banks ... View this article

• Mill-grade aluminum scrap up with LME rise

  Apr 09, 2013

  ... YORK — Some mill-grade aluminum scrap prices increased April 8 as strengthening terminal markets coupled with steady demand lent support to ... View this article

• Ryerson amends credit facility

  Apr 05, 2013

  CHICAGO — Ryerson Inc. has amended its asset-backed lending (ABL) credit facility by cutting interest rates and extending its maturity. ... View this article

• Steel plate mills' price hikes gaining support

  Apr 05, 2013

  ... Sources pointed to mill outages, including SSAB's planned outage in Montpelier, Iowa, as one factor lending strength to the hike. ... View this article

• Rebar hikes start to stick as spring shows up

  Mar 29, 2013

  ... In addition to an apparent uptick in demand, higher March scrap prices also are lending the announced rebar price increase some support, sources ... View this article