Supply Chain

  • Patriot bullish on met coal despite bigger 3d-qtr. loss Oct 21, 2011

    Although higher selling prices were unable to offset increased operating costs and pushed Patriot Coal Corp. to post a bigger third-quarter loss, the company remains bullish on metallurgical coal.

  • Auto parts price-fixing probe triggers suits Oct 21, 2011

    Four lawsuits have been filed against several Tier I auto suppliers stemming from an ongoing international antitrust investigation into alleged price-fixing and bid-rigging in the auto parts industry.

  • Shipments of iron ore slide in Sept. Oct 20, 2011

    Iron ore shipments on U.S.-flag Great Lakes carriers during September totaled 6.4 million tons, down 2.3 percent from August but up 19.6 percent from the 5.35 million tons shipped in September 2010, according to the Lake Carriers’ Association.

  • Steel fastener maker relocating to Ind. Oct 20, 2011

    A specialty steel fastener manufacturer plans to relocate some of its operations from Illinois to Indiana in a move that is expected to create 160 jobs by 2015.

  • Canadian manufacturers plan projects in Kentucky Oct 20, 2011

    Two manufacturers that supply metal parts, tooling and components to the automotive industry have announced expansion projects in Kentucky.

  • Eaton moves forward with expansion plans Oct 20, 2011

    Eaton Steel Bar Co. is moving forward with an expansion plan that will include redeveloping a brownfield industrial property in Oak Park, Mich., and building a 175,000-square-foot warehouse on the site.

  • Ford workers ratify four-year labor deal Oct 19, 2011

    United Auto Workers (UAW) union members have ratified a four-year labor agreement with Ford Motor Co.

  • Cemco expanding, adding facility in Texas Oct 19, 2011

    California Expanded Metal Products Co. (Cemco) is expanding its operations to Texas.

  • $566M Mexico steel pipeline pact awarded to Abengoa Oct 19, 2011

    Abengoa SA has won a $566-million contract to build an 86-mile-long steel pipeline to carry drinking water to 1.5 million people in central-western Mexico, the company said Wednesday.

  • Chrysler plans $165M body shop at Mich. plant Oct 19, 2011

    Chrysler Group LLC plans to invest $165 million to build a 1-million-square-foot body shop at its Sterling Heights assembly plant in Michigan.

  • Mexico nine-month heavy truck output up 57% Oct 19, 2011

    Heavy-duty truck production in Mexico rose 57 percent in the first nine months of the year from the same year-ago period, according to Mexican bus and truck group Asociación Nacional de Productores de Autobuses Camiones y Tractocamiones AC (Anpact).

  • Pipeline safety act passes Senate; industry hails move Oct 19, 2011

    Industry groups are applauding the Senate’s unanimous approval of new pipeline safety legislation, which was introduced after a natural gas explosion killed eight people in San Bruno, Calif., last year.

  • Cline Mining loss down sharply in third quarter Oct 18, 2011

    Cline Mining Corp. is still in the red as it faces costs associated with the start-up of its New Elk Mine in Trinidad, Colo., which recently started to produce metallurgical coal.

  • 2010's yearend steel buying spree won’t repeat in 2012 Oct 18, 2011

    This time last year, a number of the nation’s service centers took a risk and purchased more tons than their incoming order book suggested was required and the gamble paid off. Today, as service centers enter the final quarter of 2011, their appetite for risk has waned.

  • Wide skills gap a challenge for US manufacturers: study Oct 18, 2011

    A new study suggests that American manufacturing companies cannot fill as many as 600,000 jobs, despite a 9.1-percent unemployment rate, because of a skills gap plaguing the nation.

  • Structural costs handicap US in global market: study Oct 18, 2011

    The excessive burden of structural costs in the United States keeps domestic manufacturers at a disadvantage to their global competitors, according to a new report by two Washington advocacy groups, the Manufacturing Institute and the Manufacturers Alliance for Productivity and Innovation (MAPI).

  • Importers paring inventories ahead of Texas tax Oct 17, 2011

    Steel importers are shaving inventories and preparing for a further thinning of already-lean order books ahead of the Harris County, Texas, year-end inventory tax, which levies a fee on products on the ground.

  • Central Steel nixes $264M offer: banker Oct 17, 2011

    Canadian metals distributor and metal products manufacturer Samuel, Son & Co. Ltd. has withdrawn a $264.3-million offer to acquire Central Steel & Wire Co. after it apparently was rebuffed by the Chicago-based service center, according to a banker representing Central Steel shareholders.

  • Walter Energy stock jumps on BHP bid rumors Oct 17, 2011

    Speculation that BHP Billiton Ltd. plans to make a run for Birmingham, Ala.-based Walter Energy Inc. has driven up the coke maker’s share price by more than 26 percent in two weeks.

  • Maritime agency probing tax effect on W. Coast ports Oct 17, 2011

    The Federal Maritime Commission has launched an investigation to determine if the harbor maintenance tax is hurting West Coast ports.

  • US drill rig activity climbs, Canada falls Oct 17, 2011

    The number of drill rigs running in the United States increased by 11 last week, led by Louisiana (up six) and Pennsylvania (up four), but Canadian drilling activity fell by 10 rigs compared with the previous week.

  • Saw blades at center of trade dispute Oct 14, 2011

    The U.S. Commerce Department is considering new tariffs on imports of Chinese-made diamond saw blades, the center of a growing trade dispute.

  • Ryerson retrenches in effort to 'streamline' Oct 14, 2011

    Chicago-based metals distributor Ryerson Inc.’s chief procurement officer Leslie Norgren and senior product manager of stainless Steve Davidson have been made redundant, AMM has learned.

  • Titanium eyes boon from commercial aero mart Oct 14, 2011

    Strong build rates for new airliners will spur a 68-percent growth in titanium shipments to the commercial aerospace sector by mid-decade, while slower-growing military sales will be driven in large part by escalating demand from China, according to titanium supply executives.

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results