Supply Chain

  • Steel still on top despite Camry shift: SMDI Jul 16, 2014

    Automotive steel proponents said that the material is in wide use today and should remain so due to its superior cost-benefit breakdown, despite reports that Toyota Motor Corp. is intensifying the use of aluminum in its 2018 Camry.

  • Ex-Harsco exec says US wrong country to try suit Jul 16, 2014

    A judge in Harsco Corp.’s trade secrets violation lawsuit is considering the defendants’ claim that the dispute would be more fitting for a courtroom in England rather than the United States.

  • Blaze knocks out power at High Steel plant Jul 16, 2014

    Full operations at one of High Steel Structures LLC’s plants in Lancaster, Pa., likely won’t resume until July 21 after the facility suffered an electrical fire that knocked out power to two fabrication bays, a company official said.

  • Commerce to name data chief Jul 16, 2014

    The U.S. Commerce Department will hire its first-ever chief data officer, but AMM has been told that no changes are in the works for metals-related data.

  • Falcon Steel to pay vendors in full Jul 16, 2014

    Falcon Steel Co. will not require debtor-in-possession financing to pay its vendors despite its recent Chapter 11 bankruptcy filing, which was undertaken mainly to restructure some of its bank notes.

  • Ford, GM opt out of steel antitrust settlement Jul 15, 2014

    Ford Motor Co. and General Motors Co. have opted out of a multimillion-dollar legal settlement over claims that U.S. steelmakers unfairly fixed steel prices, although it is unclear why the automakers have denied themselves some initial compensation

  • Severstal wins approval to acquire MSC Jul 15, 2014

    A bankruptcy court judge has given the go-ahead to a deal under which Severstal US Holding LLC would acquire bankrupt RG Steel LLC’s stake in coke producer Mountain State Carbon LLC (MSC) for $30 million.

  • Copper, brass service center shipments tumble Jul 15, 2014

    Copper and brass shipments by service centers dropped in May compared with a year earlier, according to Copper and Brass Servicenter Association (CBSA) data.

  • VW to build SUV at Tennessee facility Jul 15, 2014

    Volkswagen AG will invest $900 million to produce a new midsize sport utility vehicle (SUV) at its Chattanooga, Tenn., plant.

  • Bombardier Ontario workers strike Jul 15, 2014

    Workers at Bombardier Inc.’s Thunder Bay, Ontario, plant have gone on strike to protest what they say are company demands for steep concessions on pensions and benefits.

  • Samuel starts operation in China to serve aerospace Jul 14, 2014

    Canada’s Samuel, Son & Co. Ltd. has officially opened a 22,000-square-foot facility in Chengdu, China, about 1,100 miles west of Beijing, where it will service the supply chain needs of Chengdu Aircraft Industry Corp. (CAC) and Aviation Industries Corp. of China (AVIC).

  • Cliffs brands Casablanca plan a ‘fire sale’ Jul 14, 2014

    Iron ore miner Cliffs Natural Resources Inc. has criticized key selling points of activist investor Casablanca Capital LP’s plan for the mining company, the latest in a series of increasingly heated exchanges between the two companies.

  • Drilling picks up in US, Canada Jul 14, 2014

    The number of drill rigs running in the United States rose by one last week, while Canadian drilling activity climbed.

  • Port truck drivers end strike for ‘cooling off’ period Jul 14, 2014

    Unionized truck drivers at the ports of Los Angeles and Long Beach, Calif., have called off their strike, according to the International Brotherhood of Teamsters.

  • LME, banks face another zinc lawsuit Jul 11, 2014

    Galvanizers Co. has filed a class-action lawsuit against the London Metal Exchange, Glencore Xstrata Plc, Goldman Sachs Group Inc., JPMorgan Chase & Co. and their respective warehousing units over alleged warehouse manipulation that it claims has driven up U.S. zinc premiums

  • US brass mill imports up, exports dip in May Jul 11, 2014

    U.S. imports of brass mill products increased in May compared with the same month last year while exports fell, according to data from the Copper and Brass Fabricators Council.

  • ITC issues preliminary steel nail imports ruling Jul 11, 2014

    In a preliminary determination in a dumping and subsidy investigation, the U.S. International Trade Commission said there is a reasonable indication that U.S. industry is materially injured by imports of steel nails.

  • UAW forms local union at Tenn. VW plant Jul 11, 2014

    Despite losing a unionization vote at Volkswagen AG’s plant in Chattanooga, Tenn., the United Automobile Workers (UAW) union has formed a local union chapter to represent workers.

  • Weak markets force General Cable restructure Jul 10, 2014

    A “lack of consistent momentum in utility and construction spending,” as well as underperforming assets abroad, were behind General Cable’s decision to restructure its business, executive vice president and chief financial officer Brian Robinson said.

  • Partnerships key to waterways revival Jul 10, 2014

    Public-private partnerships could help repair and expand U.S. waterways infrastructure, but progress will be slow, according to remarks made at a congressional policy panel July 10.

  • Iron ore shipments buoyed as Great Lakes water levels rise Jul 10, 2014

    Great Lakes iron ore shipments surged in June but year-to-date levels remain below normal due to winter-related delays.

  • Horsehead takes outage at Mooresboro Jul 09, 2014

    Horsehead Holding Corp. announced a “temporary outage” at its Mooresboro, N.C., zinc production facility July 8.

  • Scrap exports not impacted by port strike Jul 09, 2014

    Unionized truck drivers at the ports of Los Angeles and Long Beach, Calif., declared an indefinite strike July 7, alleging unfair labor practices in the use of independent contractors.

  • Lincoln Electric, NanoSteel sign global licensing deal Jul 09, 2014

    Lincoln Electric Co. has signed a worldwide licensing agreement for NanoSteel Co. Inc.’s proprietary weld overlay and thermal spray applications steel coatings technology.

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