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Brazilian copper producer Paranapanema SA has started phase tests at its new São Paulo tube plant, which is expected to double the company’s tube capacity to 36,000 tonnes per year once it starts up in June.
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Mexico’s auto parts industry has surpassed that of South Korea and now ranks as the fifth-largest in the world, according to the national suppliers association, Industria Nacional de Autopartes AC (Ina).
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O’Neal Steel Inc. has promoted Nick Meyer and Clay Hosmer.
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PGT Trucking Inc. is finding opportunities in booming energy plays around North America as companies require more steel pipe—and someone to bring it to them.
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Duferco Steel Inc. has filed a lawsuit against a Greek carrier, claiming it damaged and lost a portion of a steel reinforcing bar shipment to New Orleans from Turkey.
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General Motors Co. plans to spend nearly $332 million at four manufacturing sites to produce more fuel-efficient engines and transmissions.
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The Association of Steel Distributors (ASD) is determined to regain the critical mass that it has lost over the past 15 years, and is looking to the younger generation of family held service centers to help meet its goal.
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General Electric Co. will pay about $3.3 billion to acquire Lufkin Industries Inc., a Lufkin, Texas-based manufacturer of industrial gears and a provider of artificial lift technologies for the oil and gas industry, the companies said April 8.
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The number of drill rigs running in the United States fell by 10 last week.
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The number of workers responding to a recent oil spill from an Exxon Mobil Corp. pipeline in central Arkansas has climbed to 640 from 120 initially, the company said.
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Steel distributor MidWest Materials Inc. has named Howard J. Lake regional account manager.
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Ryerson Inc. has amended its asset-backed lending (ABL) credit facility by cutting interest rates and extending its maturity.
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Reliance Steel & Aluminum Co. has amended its $1.5-billion unsecured revolving credit facility and raised $500 million in a new term loan.
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Steel buyers have become more wary and cautious in recent weeks than they had been during much of the first quarter, particularly when it comes to building inventories, an industry survey shows.
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Due to an editing error, an article posted to AMM’s website April 4 incorrectly stated the amount of the Harbor Maintenance Tax Fund surplus. The surplus is currently more than $7.1 billion and likely to be $8.1 billion by the end of 2013, according the U.S. Army Corps of Engineers.
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ArcelorMittal USA LLC and Cliffs Natural Resources Inc. have filed separate but almost identical petitions in an appellate court challenging the EPA's new regulations for taconite ore.
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Ferrochrome prices have weakened as traders report a notable dearth of spot market demand from consumers.
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Stricter safety rules for offshore drilling have been set by the Interior Department’s Bureau of Safety and Environmental Enforcement .
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Alcoa Inc. has licensed and commercialized a “breakthrough” bonding technology to automotive surface treatment firm Chemetall GmbH in a move the company says will allow aluminum to be used more widely on mass-produced vehicles.
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The outlook for domestic drilling remains tepid, with little to spur short-term optimism, market sources told AMM.
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Greenbrier Cos. saw its quarterly net income fall sharply, and the rail car manufacturer has vowed to sell off additional assets in order to "liberate" capital.
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Japan’s Furukawa Electric Co. Ltd. has been fined Canadian $5 million ($4.9 million) by the Ontario Superior Court of Justice for its alleged participation in an international bid-rigging conspiracy.
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Aluminum fabricator and distributor Tubelite Inc. has chosen a location on the southeast side of Dallas for its new regional facility, the company said April 4.
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The United States needs an immigration policy that will help it stay globally competitive, Caterpillar Inc. chairman and chief executive officer Douglas R. Oberhelman said in a speech before the Illinois Business Immigration Coalition in Chicago.