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The U.S. International Trade Commission has voted to conduct a full review to determine whether revocation of an anti-dumping duty order on tapered roller bearings from China would likely lead to material injury to the U.S. industry.
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The number of drill rigs running in the United States increased by five last week, led by Louisiana (up four), but Canadian drilling activity fell by 23 rigs compared with the previous week.
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SunCoke Energy Inc. has started shipping metallurgical coke to AK Steel Corp. from its newly constructed Middletown, Ohio, facility and expects the operation to be fully ramped up by July 2012.
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Russel Metals Inc., which has become increasingly linked to the energy market both through its energy tubular business and its service center and master distribution businesses, sees it as a strong arena for profitable growth in the long term.
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The International Trade Commission (ITC) has voted unanimously that revoking the existing anti-dumping duty orders on helical spring lock washers from China and Taiwan would likely lead to material injury to the U.S. industry.
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Olympic Steel Inc. executives are forecasting 5-percent growth in real steel demand next year, and expect their sales will outpace that growth as they capture increasing market share.
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Global aluminum automotive parts supplier Nemak SA expects to start operating a new plant in India next year, while the expansion of its plant in Nanjing, China, also is progressing.
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Walter Energy Inc.’s quarterly earnings slipped amid lower volumes from its recently acquired Canadian operations, with metallurgical coal sales prices forecast fall in the fourth quarter after posting third-quarter gains.
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L.B. Foster Co. warned of turbulence ahead for a number of its key end-use markets as it logged a gain in its third-quarter earnings.
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Fortune Minerals Ltd. has enlisted Deloitte & Touche Corporate Finance Canada Inc. as its financial advisor, at the same time that junior miners and small industrial players worry about the deteriorating European economic situation.
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Nucor Corp.’s investment in Steel Technologies Inc. hasn’t spurred other U.S. steelmakers to move into processing, according to Worthington Industries Inc.’s top executive.
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Increased shipments of both melted and mill products, along with higher prices for the former, helped boost Titanium Metals Corp.’s earnings 19.4 percent in the third quarter.
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The United Steelworkers union hopes to persuade Whirlpool Corp. to reverse its decision to close its Fort Smith, Ark., refrigerator plant next year.
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Alpha Natural Resources Inc.’s earnings more than doubled in the third quarter despite challenging mining conditions, delayed shipments and a force majeure notice from an unnamed Middle East customer.
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Honda de México SA de CV said it will continue normal assembly operations in the country this month but may reduce production in December because of component shortages caused by severe flooding in Thailand.
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Jon Manilla has been named director of commercial operations for the Southeast region at Cleveland-based steel service center Flack Steel Ltd.
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Grede Holdings LLC has completed its acquisition of Paxton-Mitchell Co., an industrial foundry and machining facility in Omaha, Neb.
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Auto sales by the top seven brands in the United States totaled 874,027 vehicles in October, up 6.6 percent from 819,744 in October last year although down 3.1 percent from nearly 902,000 the previous month.
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In a preliminary determination, the Commerce Department’s International Trade Administration (ITA) has ruled that bottom-mount combination refrigerator-freezers from South Korea are being sold at less than fair value.
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Steel products distributor Grupo Collado SAB de CV has agreed to mediation over an insurance claim stemming from an accident in China involving two shipments of manufactured material that it says cost it $9.2 million.
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A.M. Castle & Co. is bullish on the aerospace, oil and gas, and general industrial sectors, forecasting revenue growth of 10 to 15 percent next year.
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Overregulation and heavy tax burdens are causing manufacturing jobs to dwindle in the United States, some Republican presidential hopefuls argued during a manufacturing forum Tuesday in Pella, Iowa.
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Economic activity in the manufacturing sector continued to expand in October, albeit weakly, according to the Institute for Supply Management’s latest manufacturing survey, which put the purchasing managers’ index (PMI) at 50.8 for October, down 0.8 percentage points from 51.6 in September but still above the 12-month low of 50.6 in August.
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Copper and brass service centers and suppliers foresee little improvement in orders in the next three months compared with the previous three-month period, according to a Copper and Brass Servicenter Association (CBSA) survey.