Supply Chain

  • Lead times for aerospace alloys shrink Oct 23, 2012

    Aluminum aerospace lead times have shortened due to seasonally weaker demand and extra capacity in the market.

  • Whirlpool encouraged by uptick in US housing mart Oct 23, 2012

    Whirlpool Corp. anticipates North American appliance demand will be flat to down 2 percent for the remainder of 2012 but the company still reported a whopping 264-percent jump year over year in its North American operating profits on sales that grew 2.1 percent in the third quarter over the same period a year ago.

  • Metals USA income, sales decline Oct 22, 2012

    Metals USA Holdings Corp. reported net income of $13.7 million in the third quarter, down nearly 18 percent from a year ago, as net sales slipped 1.7 percent to $483.7 million, the company said late Monday.

  • Caterpillar revises expectations down Oct 22, 2012

    Although mining, construction and agricultural equipment maker Caterpillar Inc. reported strong third-quarter and year-to-date earnings results, the company pulled back on its performance expectations for the rest of 2012 and into 2013.

  • Lisa Goldenberg appointed president of Delaware Steel Oct 22, 2012

    Delaware Steel Co. of Pennsylvania has appointed Lisa Goldenberg president, effective immediately.

  • GM slates $35M to build electric Cadillac Oct 22, 2012

    General Motors Co. will invest $35 million to revamp its Detroit-Hamtramck assembly plant in order to manufacture the Cadillac ELR, an extended-range electric luxury coupe.

  • Marmon/Keystone relocates Mexico City service center Oct 22, 2012

    Bar and tubing distributor Marmon/Keystone LLC’s Mexico City operation has relocated to a larger facility about 20 miles from the city’s center in response to increasing demand for processing services.

  • Briefing schedule in S. Korea washers review released Oct 22, 2012

    The Commerce Department’s International Trade Administration (ITA) has issued its briefing schedule concerning the anti-dumping duty investigation on large residential washers from South Korea.

  • ITA extends review results on China roller bearings Oct 22, 2012

    The Commerce Department’s International Trade Administration (ITA) has extended by 60 days to Jan. 7 the final results in the anti-dumping duty administrative review on tapered roller bearings and parts thereof from China for June 1, 2010, to May 31, 2011.

  • Comment deadline in ball bearing review extended by ITA Oct 22, 2012

    The Commerce Department’s International Trade Administration (ITA) has extended by seven days to Oct. 30 the deadline for interested parties to submit comments concerning the post-preliminary results in the anti-dumping duty administrative review on ball bearings from France, Germany and Italy for the period spanning May 1, 2010, to April 30, 2011.

  • Nissan to add 3d shift in Tenn. Oct 22, 2012

    Nissan North America Inc. will add a third shift at its Smyrna, Tenn., assembly plant as part of its push to expand production—particularly of electric cars—in the United States.

  • Coatings segment lifts Valmont results Oct 19, 2012

    Valmont Industries Inc. recorded a 34.6-percent year-on-year increase in third-quarter net income on sales that rose 8.6 percent from the same period last year, the company said in its earnings results.

  • Boeing steps up titanium scrap recovery efforts Oct 19, 2012

    Boeing Commercial Airplanes (BCA) is stepping up its titanium scrap recovery efforts, as it expects today’s surpluses in both secondary material and mill products to disappear by 2014.

  • Allied files suit against Harvey Industries Oct 19, 2012

    Allied Metal Co. has filed a lawsuit against Harvey Industries LLC alleging that the company has failed to pay at least $563,709 in outstanding invoices.

  • USTR seeks candidates for Nafta review panel Oct 19, 2012

    The U.S. Trade Representative’s Office is requesting applications to serve on a North American Free Trade Agreement (Nafta) binational panel to review final determinations in anti-dumping and countervailing duty proceedings.

  • ITC schedules hearing on stainless steel sink imports Oct 19, 2012

    The U.S. International Trade Commission has scheduled a Feb. 21 hearing for the final phase of an anti-dumping and countervailing duty investigation into imports of drawn stainless steel sinks from China.

  • O’Neal Steel appoints controller Oct 19, 2012

    O’Neal Steel Inc. has promoted Mike Symasek to controller, overseeing the accounting and accounts payable functions of O’Neal Steel and O’Neal Manufacturing Services.

  • NJ service center assets set to be auctioned Oct 18, 2012

    The assets of a Camden, N.J., steel service center are scheduled to be auctioned off Dec. 11.

  • Fuel standards said plus for aluminum Oct 18, 2012

    Aluminum producers have been preparing for an uptick in demand from automakers ahead of stricter fuel economy standards for vehicles, although some warn that there may be a "watering down" of the 54.5-miles-per-gallon goal.

  • JCI in $125M deal to acquire A123’s automotive assets Oct 18, 2012

    Johnson Controls Inc. (JCI) has struck a deal to acquire the automotive assets of electric and hybrid vehicle battery manufacturer A123 Systems Inc., which filed for Chapter 11 bankruptcy protection earlier this week.

  • Insteel rebounds in ’12 but construction doubts persist Oct 18, 2012

    Insteel Industries Inc. swung back into the black in fiscal 2012 despite capacity utilization levels that slipped below 50 percent and its top executive’s warnings that the outlook for nonresidential construction, the company’s biggest market, is showing signs of slowing.

  • Some suppliers struggle for survival: Woltz Oct 18, 2012

    Tough times in the construction industry and volatile steel and scrap prices have sparked a struggle for survival for some companies serving the still-troubled sector, Insteel Industries Inc.’s top executive said.

  • US economy solid now but fiscal cliff casts a pall: NAM Oct 18, 2012

    Although the U.S. economy has held up reasonably well this year compared with Europe and China, it could be on the brink of another recession as early as the first quarter if certain tax policies currently in place are not renewed, according to Chad Moutray, chief economist at the National Association of Manufacturers (NAM).

  • Activity trending lower in 4th qtr.: PMA Oct 17, 2012

    Steel and nonferrous metal stampers and fabricators expect business activity and order rates to trend lower for the remainder of 2012, although this year’s performance exceeds that of 2011.

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