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President Obama has signed an executive order aimed at speeding up major infrastructure projects by modernizing permitting practices and regulations, a move some say could benefit suppliers of steel and other structural components by getting backlogged construction projects off the ground sooner.
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While there are plenty of crude oil pipeline projects on the books, the permitting environment is a difficult one, keeping many of those projects from moving forward, according to a refinery operations executive.
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ASTM International has approved a new specification for ornamental aluminum fence systems.
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David H. Hannah, chairman and chief executive officer of Reliance Steel & Aluminum Co., Los Angeles, has been elected to a two-year term as chairman of the board at the Metals Service Center Institute (MSCI), effective July 1.
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About 2.2 million charging stations for electric vehicles (EV) and plug-in hybrid vehicles will be built and shipped worldwide each year by 2020, a huge increase from an estimated 70,000 such stations shipped globally in 2011, according to a new research paper.
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Heavy commercial vehicle manufacturer Navistar Inc. has sold its Navistar RV subsidiary to Allied Specialty Vehicles Inc. (ASV), which makes emergency, commercial and recreational vehicles.
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Nissan North America Inc. has signed an agreement to produce a small cargo vehicle for General Motors Co., which will sell the vehicle in the United States and Canada.
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The U.S. Department of the Interior has released an updated draft rule on hydraulic fracturing developed by the Bureau of Land Management for public comment.
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The number of drill rigs running in the United States was unchanged last week.
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Drivers for energy demand include population growth and economic activity. While the world population will grow to 9 billion by 2040 from 7 billion, economies around the world are becoming more efficient with their energy consumption, and at an accelerated pace.
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The House Transportation and Infrastructure Committee has approved legislation that would expedite the permitting of TransCanada Corp.’s proposed Keystone XL pipeline.
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Dyson Corp. has said that an analysis of steel anchor rods it made for the San Francisco-Oakland Bay Bridge "exonerates" the company on the failure of several of the rods.
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Southern Recycling LLC has joined several environmental groups in their efforts to revise a general permit that regulates the sinking of U.S. Navy vessels.
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Tennessee Gas Pipeline Co. LLC (TGP) has signed a 20-year transportation agreement with Japan’s Mitsubishi Corp. to ship 600,000 dekatherms per day of natural gas to the proposed Cameron liquefied natural gas (LNG) liquefaction facility in Louisiana.
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The boom in shale oil and gas, and tar sands oil output is good news for America, as well as the U.S. energy and metals sectors, a Marathon Petroleum Corp. executive said May 16.
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The European Union is going to have a very difficult time recovering from its sovereign debt crisis, banking crisis, structural crisis and competitive crisis, according to Gisbert Rühl, chairman and chief executive officer of Duisburg, Germany-based Klöckner & Co. SE.
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Enforcing U.S. trade policy and capitalizing on low-priced natural gas will help U.S. steelmakers while offering broad economic benefits, including job creation and manufacturing growth, a number of steel executives said at an industry conference May 16.
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Service center sources are divided over whether recent data that showed declines in U.S. aluminum shipments and inventories last month indicate tough times ahead.
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A waterways infrastructure bill easily passed the Senate May 15, a development that steel interests say will benefit shipping by improving navigation.
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A federal judge has denied a six-month extension to a group of large steel mills and distributors named in a lawsuit brought by MM Steel LP alleging they conspired to drive MM Steel out of the market.
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While the United States remains one of the strongest economies globally, lackluster growth and a large fiscal deficit may cause serious downward pressure in the near term, according to one economist.
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Pipe and tube distributors say they would welcome a move by flat-rolled steelmakers to take capacity offline in order to prop up pricing for the substrate.
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John E. Reed, chairman and chief executive officer of Mestek Inc., died May 9. He was 97.
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Kobe Aluminum Automotive Products LLC (KAAP) has broken ground on a $66-million expansion at its Bowling Green, Ky., facility as the company looks to boost its offerings to the automotive sector.