Supply Chain

  • Airframe acquisitions still attractive for PCC May 08, 2014

    More airframe acquisitions are likely in the cards for Precision Castparts Corp. (PCC), chairman and chief executive officer Mark Donegan suggested during a quarterly earnings conference call this week.

  • Market to see copper deficit: Freeport Mc-MoRan May 08, 2014

    Global refined copper production is expected to reach 22.3 million tonnes in 2014, with consumption estimated at 28.1 million tonnes, one executive at Freeport-McMoRan Copper & Gold Inc. said.

  • New mandate could make trucking woes worse May 08, 2014

    Federal and state regulations have had a negative impact on trucking capacity and freight costs, but the worst isn’t over, according to Chris Shimoda, director of policy at the California Trucking Association.

  • Fuel economy drives Ford to aluminum May 08, 2014

    Ford Motor Co.’s switch to aluminum bodies for its F-150 pickup truck stems from its desire to be a trendsetter and to address looming fuel-economy standards, one industry consultant said.

  • MM Steel award stayed as new trial sought May 08, 2014

    A federal judge has stayed a $156-million award to MM Steel LP in the company’s antitrust lawsuit against a number of service centers and steel mills it accused of trying to force it out of business.

  • LNG exports may hurt manufacturing: execs May 08, 2014

    While U.S. steelmakers aren’t opposed to exporting the country’s shale gas reserves, especially in the wake of tensions in the Ukraine, they want to make sure any increases in energy exports don’t come at the expense of domestic manufacturing.

  • Steel is fighting back vs. auto aluminum sheet May 07, 2014

    After being slow to join the battle against automotive aluminum sheet, the steel industry is fighting back with new advanced high-strength steels, industry executives said May 7.

  • RTI’s F-35 titanium shipments set to rise May 07, 2014

    RTI International Metals Inc.’s titanium shipments to the Lockheed-Martin F-35 Joint Strike Fighter program should grow by about one-third this year, and the company’s top executive hopes to win additional work on the JSF program beyond its role as a supplier of mill product.

  • Mine approvals too arduous: Ducey May 07, 2014

    Making the approval process for mining projects less arduous and lengthy will be a core theme of Arizona treasurer Doug Ducey’s campaign for governor, he said at the American Copper Council’s Copper College meeting in Tucson, Ariz.

  • Cliffs considering Midwest DRI joint venture May 07, 2014

    Cliffs Natural Resources Inc. is exploring the possibility of selling direct-reduced iron (DRI) grade pellets to electric-arc furnace (EF) based steelmakers in the Great Lakes region or potentially entering into a joint venture to build a DRI plant, a company executive said.

  • Ellwood-Scot venture to install forging press May 07, 2014

    North American Forgemasters is spending more than $80 million to install a new press for large steel forgings.

  • Auto exec wary of aluminum use in pickups May 07, 2014

    Fiat Chrysler Automobiles (FCA) has flagged "reservations" about the use of aluminum for its lineup of pickup trucks, including the 2017 update to its Ram truck, chief executive officer Sergio Marchionne said during an earnings conference call May 6.

  • Russel bullish on plate after solid 1st quarter May 07, 2014

    Steel plate prices are a bright spot for Canadian service center chain Russel Metals Inc. and should remain so in the near term.

  • Reshoring drive bolsters Caterpillar, O’Neal ties May 07, 2014

    Reshoring efforts at Caterpillar Inc. have translated into more business and an expanded supply relationship for O’Neal Manufacturing Services (OMS).

  • Freeport selling Eagle Ford shale assets May 07, 2014

    Freeport-McMoRan Copper & Gold Inc.’s oil and gas subsidiary is selling its Eagle Ford shale assets in Texas for $3.1 billion to a subsidiary of Canada’s Encana Corp., the company said May 7.

  • Postle Aluminum expands Mich. extrusion plant May 06, 2014

    Postle Aluminum Co. has commissioned a new 7-inch extrusion press and vertical wet coat paint line at its extrusion plant in Cassopolis, Mich.

  • FreightCar America's loss swells in 1st qtr. May 06, 2014

    Harsh winter weather contributed to a more than doubling in FreightCar America Inc.’s first-quarter net loss, although the rail car builder sees signs of recovery in its key coal car market.

  • Weber’s aero press key for capacity: Creed May 05, 2014

    Bullish aircraft demand projections as well as larger forgings required for a new generation of airliners have created a market for a new 60,000-ton aerospace forging press planned by Weber Metals Inc., the company’s top executive said.

  • Spirit’s net soars in qtr. on stronger deliveries May 05, 2014

    Spirit AeroSystems Holdings Inc.’s net income soared 89.2 percent in the first quarter, due in part to stronger deliveries.

  • Aluminum not priced out of auto market: exec May 05, 2014

    Novelis Inc. lambasted an analyst’s claim that aluminum usage in automotive production is unlikely to exceed steel usage until cost efficiencies improve.

  • TMW enters venture to make, market EPS in China, Korea May 05, 2014

    Reverberations from the high-stakes industrial cleanup campaign being waged by the Chinese government have reached all the way to Red Bud, Ill., where Material Works Ltd. (TMW) has teamed with Zhejiang Jingu Co. Ltd. to form TMW Jingu Environmental Protection Equipment Manufacturing Co. Ltd.

  • Gibraltar narrows loss, sees orders picking up May 05, 2014

    Gibraltar Industries Inc. drew red ink in the first quarter due to the cold winter that froze much of North America, although it narrowed its loss by 42.8 percent compared with a year earlier.

  • L.B. Foster expects earnings to increase after chilly 1st qtr. May 05, 2014

    Cold weather chilled L.B. Foster Co.’s earnings in the first quarter, but the company expects to rebound as the mercury rises and business activity improves.

  • Ford slates Ohio plant closure for year-end May 05, 2014

    Ford Motor Co. plans to close its Walton Hills, Ohio, stamping plant by the end of the year.

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