Supply Chain RSS

  • Steel supply chain facing risks: execs Feb 21, 2014

    The steel supply chain is becoming more complex and more global, although the United States still has a number of recognizable bright spots, executives said during an industry panel at the Metals Service Center Institute’s Carbon Conference in Phoenix.

  • BNSF aims to buy 5,000 safer tank cars Feb 21, 2014

    BNSF Railway Co. “has issued a request to major railcar manufacturers to submit bids for the construction of 5,000 next-generation tank cars to be used for transporting crude oil,” a company spokeswoman told AMM in an e-mail.

  • US manufacturing seen expanding: economist Feb 21, 2014

    The U.S. economy is facing a number of headwinds in 2014, including tax burdens, structural unemployment and overregulation, although a strong manufacturing sector coupled with certain strong end markets is underscoring modest growth, according to one economist.

  • Reliance expects stronger demand in ’14 Feb 20, 2014

    Reliance Steel & Aluminum Co. expects prices and demand to improve in 2014 and is already seeing better results, company executives said.

  • Reliance sees gains for toll processing in 2014 Feb 20, 2014

    Reliance Steel & Aluminum Co. expects its toll processing operations to benefit from strong 2014 growth in the automotive sector, company executives said.

  • Nebraska judge nixes Keystone XL route approval Feb 20, 2014

    A Nebraska judge has invalidated Gov. Dave Heineman’s decision to approve TransCanada Corp.’s Keystone XL revised route through the state, presenting further hurdles to the long-delayed project.

  • Reliance cautious on commodity tubulars Feb 20, 2014

    Reliance Steel & Aluminum Co. continues to seek opportunities for growth in the energy sector—but not in commodity oil country tubular goods (OCTG) and line pipe, company executives said.

  • Dixie-Southern seeks to divest Ark. operation Feb 20, 2014

    Dixie-Southern Arkansas LLC has retained Heritage Equity Partners to help seek a buyer, investor or joint-venture partner for its Springdale, Ark., operation.

  • Gibraltar expects residential demand to stay strong in ’14 Feb 20, 2014

    A strong residential building market and improving industrial and infrastructure markets helped boost Gibraltar Industries Inc.’s fourth-quarter financial results, the company said Feb. 20.

  • ITA ruling will cap OCTG prices: Russel Metals Feb 20, 2014

    Russel Metals Inc. expects the U.S. Commerce Department’s preliminary decision on oil country tubular goods imports from eight countries—excluding South Korea—to put a cap on OCTG pricing.

  • Reliance outlook bullish despite lower profit Feb 20, 2014

    Reliance Steel & Aluminum Co.’s net income slid 20.3 percent last year as higher sales volumes could not make up for lower prices, particularly in the fourth quarter.

  • Noranda mulling options in bid for reduced power rate Feb 19, 2014

    Noranda Aluminum Holding Corp. has options if Missouri regulators do not approve a lower electricity price for the company.

  • Cold chills Noranda output, could inflate energy costs Feb 19, 2014

    Unusually cold and wet weather in the United States has hampered production and could drive up natural gas costs as well, Noranda Aluminum Holding Corp. executives said.

  • GM plans to increase use of aluminum in pickups Feb 19, 2014

    General Motors Co. has signed supply contracts with Alcoa Inc. and Novelis Inc. ahead of plans to increase the use of aluminum sheet in its next-generation pickup trucks by late 2018, according to a Wall Street Journal report.

  • Tubular shipments jump in January: MSCI Feb 19, 2014

    North American distributors’ shipments of carbon pipe and tubing increased sharply in January compared with the previous month, according to the latest Metals Service Center Institute (MSCI) data.

  • Boeing picks location to build 777X wing Feb 19, 2014

    Boeing Co. has picked Everett, Wash., as the production site for the new composite wing of its 777X airliner.

  • Airbus bolstering interest in China manufacturing plant Feb 19, 2014

    Airbus SAS is raising its interest in a Chinese composite manufacturing joint venture as it moves to raise that facility’s share of A320 airliner assemblies.

  • Aero destocking to hit aluminum plate: Kaiser Feb 19, 2014

    Spot prices for aluminum plate have tumbled into 2014 as mills fight for business by lowering tags, according to Kaiser Aluminum Corp.’s top executive.

  • Steel centers’ shipments pick up in January Feb 18, 2014

    Business conditions and demand appear to be looking up for U.S. and Canadian steel service centers, buy- and sell-side sources said, but a number of market participants said winter weather that has affected much of the United States has hurt shipping levels and will likely continue to do so.

  • Aluminum deliveries rise despite weather Feb 18, 2014

    North American aluminum shipments posted month-on-month gains in January, even as snow and cold cut short or eliminated shipping days for service centers across much of the region.

  • O’Neal Flat Rolled Metals taps Simons chief Feb 18, 2014

    Jeff Simons has been named president and chief executive officer of flat-rolled distributor O’Neal Flat Rolled Metals, the company said.

  • Aircraft programs expected to hurt Ducommun’s income Feb 18, 2014

    Ducommun Inc. expects to post pretax program-related charges of $14.1 million for the fourth quarter, partially offset by reduced accrued compensation expenses of $5.3 million, due in part to overaggressive bidding on two aircraft programs.

  • Rolls-Royce unit in $1B deal to build engines Feb 14, 2014

    A U.S. unit of Rolls-Royce Plc has signed a long-term agreement worth $1 billion with Lockheed Martin Corp. to deliver about 600 engines for the C130J Super Hercules military transport.

  • Drew’s earnings warming up despite winter freeze Feb 13, 2014

    Winter weather chilled Drew Industries Inc. operations in January, but the recreation vehicle (RV) parts maker expects to rebound in coming months amid continued strong demand.

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