Supply Chain

  • ITC to conduct full review on China tapered roller bearings Nov 07, 2011

    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.

  • US drilling rises, Canada falls Nov 07, 2011

    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.

  • SunCoke plant shipping to AK Steel Nov 07, 2011

    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.

  • Russel Metals sees big energy market growth Nov 04, 2011

    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.

  • ITC maintains duty orders on washers from China, Taiwan Nov 04, 2011

    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.

  • Olympic has rosy forecast after strong 3d qtr. Nov 04, 2011

    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.

  • Nemak ups Asia presence as auto parts demand rises Nov 04, 2011

    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.

  • Walter Energy expects lower 4th-quarter met coal prices Nov 03, 2011

    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.

  • L.B. Foster’s net rises in qtr., but headwinds lie ahead Nov 03, 2011

    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.

  • Fortune Minerals hires Deloitte as advisor Nov 03, 2011

    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.

  • Steelmakers as processors not a trend: exec Nov 03, 2011

    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.

  • Higher shipments boost Timet 3d-qtr. earnings Nov 03, 2011

    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.

  • USW trying to stop Whirlpool plant closure Nov 03, 2011

    The United Steelworkers union hopes to persuade Whirlpool Corp. to reverse its decision to close its Fort Smith, Ark., refrigerator plant next year.

  • Alpha doubles earnings, sales; remains bullish on met coal Nov 03, 2011

    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.

  • Honda’s Mexican plant may face December slowdown Nov 03, 2011

    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.

  • Flack Steel names Manilla as Southeast director Nov 03, 2011

    Jon Manilla has been named director of commercial operations for the Southeast region at Cleveland-based steel service center Flack Steel Ltd.

  • Grede acquires Omaha facility Nov 02, 2011

    Grede Holdings LLC has completed its acquisition of Paxton-Mitchell Co., an industrial foundry and machining facility in Omaha, Neb.

  • October auto sales show renewed strength Nov 02, 2011

    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.

  • Commerce rules South Korea dumping refrigerator-freezers Nov 02, 2011

    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.

  • Collado accepts mediation over $9.2M insurance claim Nov 02, 2011

    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.

  • A.M. Castle sees up to 15% rise in '12 sales as net jumps Nov 02, 2011

    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.

  • Presidential hopefuls pitch job solutions Nov 01, 2011

    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.

  • PMI weakens; manufacturing outlook mixed Nov 01, 2011

    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.

  • Copper, brass distributors not optimistic: CBSA Nov 01, 2011

    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.

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