Supply Chain RSS

  • First national standards target GHGs, truck fuel efficiency debuts Oct 25, 2010

    The first national standards to cut greenhouse gas emissions (GHGs) and improve the fuel efficiency of heavy-duty trucks and buses were announced Monday by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation.

  • ASD’s Barnett sounds off on China’s investment in US steel industry Oct 25, 2010

    The Association of Steel Distributors (ASD), historically a supporter of “free trade” when it comes to foreign steel’s role in the U.S. market, is now emphasizing the issue of “fair trade” as its top elected officer sounds off against a Chinese investment in a domestic steelmaking venture.

  • ASD’s Barnett sounds off on China’s investment in US steel industry Oct 25, 2010

    The Association of Steel Distributors (ASD), historically a supporter of “free trade” when it comes to foreign steel’s role in the U.S. market, is now emphasizing the issue of “fair trade” as its top elected officer sounds off against a Chinese investment in a domestic steelmaking venture.

  • Carpenter, Sandvik form venture Oct 21, 2010

    Carpenter Technology Corp. has established a strategic partnership with Sweden’s Sandvik Materials Technology to strengthen its position in high-performance powder metal products.

  • Carpenter, Sandvik form venture Oct 21, 2010

    Carpenter Technology Corp. has established a strategic partnership with Sweden’s Sandvik Materials Technology to strengthen its position in high-performance powder metal products.

  • Thyssen­Krupp plans to invest $36.5M in foundry expansion Oct 19, 2010

    Thyssen­Krupp Waupaca Inc. plans to invest $36.5 million to expand capacity at its Tell City, Ind., foundry.

  • Thyssen­Krupp plans to invest $36.5M in foundry expansion Oct 19, 2010

    Thyssen­Krupp Waupaca Inc. plans to invest $36.5 million to expand capacity at its Tell City, Ind., foundry.

  • Valmont profits fall 33 percent on weak utility sales Oct 18, 2010

    Valmont Industries Inc. posted lower profits in its fiscal third quarter compared with a year earlier, citing a “substantial decline” in sales by a business unit that produces utility support structures, weaker wireless communication structure sales and lower government infrastructure spending.

  • Valmont profits fall 33 percent on weak utility sales Oct 18, 2010

    Valmont Industries Inc. posted lower profits in its fiscal third quarter compared with a year earlier, citing a “substantial decline” in sales by a business unit that produces utility support structures, weaker wireless communication structure sales and lower government infrastructure spending.

  • Chicago Tube sues customer for $750,000 Oct 07, 2010

    Chicago Tube & Iron Co. has filed a breach-of-contract lawsuit against Welding Services Inc., alleging that WSI failed to pay nearly $750,000 for materials, goods and services it provided.

  • West Virginia files lawsuit over mining rules Oct 07, 2010

    The State of West Virginia is suing the Obama administration for allegedly working to destroy the coal mining industry with policies aimed at curbing mining efforts. The legal challenge is being applauded by mining companies.

  • W.Va. files lawsuit over mining rules Oct 07, 2010

    The State of West Virginia is suing the Obama administration for allegedly working to destroy the coal mining industry with policies aimed at curbing mining efforts. The legal challenge is being applauded by mining companies.

  • Auto supplier Visteon exits Ch. 11, cuts debt to $600M Oct 06, 2010

    Automotive supplier Visteon Corp. has completed its reorganization, emerging from Chapter 11 bankruptcy protection on Oct. 1.

  • Automakers cautiously optimistic despite September sales volume dip Oct 04, 2010

    Automakers are cautiously upbeat despite a dip in overall sales volumes last month.

  • Worthington expects near-term hot-rolled prices to remain flat Sep 30, 2010

    Worthington Industries Inc., which posted a more than threefold increase in net income during its fiscal first quarter vs. a year ago, expects hot-rolled coil prices to remain flat through the final three months of 2010.

  • AMM Steel Raw Materials Strategies conference Nat gas key as demand grows for alternative forms of iron making Sep 29, 2010

    Growth in steel demand from emerging economies worldwide, particularly Asia, is driving the need for improved energy efficiency in steel and iron making, turning the spotlight on the value--and validity--of alternate forms of manufacturing iron. And natural gas is expected to factor into this significantly.

  • MSCI CONFERENCE US metal producers advised to rein in auto expectations Sep 22, 2010

    North America’s metal producers and processors may feel buoyed by automotive production in 2010 compared with last year, but the unvarnished opinion from one auto industry consultant is they should be lowering their forecasts for automotive metal needs for the next decade.

  • MSCI CONFERENCE Chinese ‘tiptoeing’ around US for steel assets banker Sep 22, 2010

    Although nitty-gritty dealmaking hasn’t quite revived during the economic recovery of 2010, the appetite for mergers and acquisitions in metals remains robust and foreign companies with deep pockets are still looking to acquire assets in North America, according to Mark Henkels, managing director of New York-based investment bank Moelis & Co.

  • MSCI CONFERENCE Demand boosting heavy equipment market Sep 22, 2010

    Sales in the heavy equipment industry will be more dependent on actual demand next year than on inventory rebuilding, according to Eli Lustgarten, senior vice president and senior analyst at Longbow Research.

  • Timken finalizes purchase of QM Bearings & Power Sep 22, 2010

    Timken Co. has completed its previously announced acquisition of QM Bearings & Power Transmission Inc., Ferndale, Wash.

  • Caterpillar lands Defense contract Sep 20, 2010

    Caterpillar Inc. has received its largest contract to date from the U.S. Department of Defense.

  • KeyBanc lowers outlook on four metal service centers Sep 17, 2010

    KeyBanc Capital Markets Inc. lowered its earnings estimates for four publicly traded metal service centers Friday, citing the companies’ own forecasts for long-term weakness in construction and gradual demand recovery in other end-user markets. However, it left its “buy” and “hold” ratings on the companies unchanged

  • Centers’ August shipping gains falter this month Sep 17, 2010

    August was a surprisingly strong month for steel shipments and steel purchasing in front of anticipated September price hikes, but demand is proving to be much less buoyant this month, market participants said.

  • SMT amalgamation approved Sep 16, 2010

    Shareholders of Samuel Manu-Tech Inc., Mississauga, Ontario, have passed a special resolution approving the amalgamation of Samuel Manu-Tech Inc. (SMT) with Samuel, Son Acquisition Corp., a wholly owned subsidiary of Samuel, Son & Co. Ltd.

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