Supply Chain

  • Acquisitions still on PCC radar: exec Dec 06, 2013

    Precision Castparts Corp. (PCC) is not about to drop out of the mergers and acquisitions (M&A) arena despite some outside opinions that the recent era of big acquisitions can not continue.

  • House bill looks to increase federal gas tax Dec 06, 2013

    A House bill has been introduced by Rep. Earl Blumenauer (D., Ore.) that would phase in a 15-cent-per-gallon tax increase on gasoline and diesel fuel over the next three years to help close a gap in transportation funding.

  • Canal expansion may spur US trade: study Dec 05, 2013

    The expansion of the Panama Canal, when completed in 2015, will not only allow shippers to deploy larger vessels but could translate into increased U.S. imports and exports of finished steel and steel scrap and smoother movement of iron ore to Asia.

  • Caterpillar sees softer demand in 2014 Dec 05, 2013

    Caterpillar Inc. expects flat to slower business activity across its energy, power systems, rail and mining equipment segments next year.

  • Cheniere unit signs 20-year LNG deal with PT Pertamina Dec 05, 2013

    Corpus Christi Liquefaction LLC, a subsidiary of Cheniere Energy Inc., has signed a 20-year liquefied natural gas (LNG) supply agreement with Indonesian state-owned energy provider PT Pertamina.

  • ShawCor to sell Socotherm Brasil venture stake Dec 05, 2013

    Canadian energy services firm ShawCor Ltd. is planning to sell its 50-percent stake in a Brazilian pipe coating joint venture to partner Tenaris SA for $30 million and potential future earnings from the facility.

  • Kinder Morgan sees strong 2014 Dec 04, 2013

    Kinder Morgan Energy Partners LP expects to spend more than $3.6 billion in planned expansions next year and generate about $6.4 billion in earnings, the midstream and energy firm said Dec. 3.

  • US auto sales increase 9.6% in November Dec 04, 2013

    U.S. sales by the top seven automakers totaled nearly 1.05 million vehicles last month, up 9.6 percent from 955,800 in the same month last year.

  • LNG export approval delays may violate WTO Dec 04, 2013

    Delays in the approval of proposed liquefied natural gas exports to countries that do not have a free-trade agreement with the United States could be a violation of World Trade Organization rules, according to a National Association of Manufacturers study.

  • Boeing titanium demand to rise: PCC exec Dec 04, 2013

    Titanium Metals Corp. (Timet) should see the beginning of an acceleration in demand from Boeing Co. in mid-2014 as parent company Precision Castparts Corp. (PCC) moves to increase its monthly build rates on the products it supplies for the 787 Dreamliner.

  • CPI Aerostructures lands orders for Boeing’s A-10 attack jet Dec 04, 2013

    CPI Aerostructures Inc. has won purchase orders totaling more than $15 million for Boeing Co.’s A-10 Thunderbolt attack jet.

  • Abakan signs pipe-coating deal Dec 03, 2013

    Abakan Inc. has signed an exclusive agreement with Lissotschenko Mikrooptik GmbH to develop wear- and corrosion-resistant cladding for 3- to 8-inch diameter pipes used in the oil and gas industry.

  • Worthington Cylinders expanding in Wis. Dec 03, 2013

    Worthington Cylinders has launched a $3.3-million expansion of its 305,000-square-foot manufacturing facility in Chilton, Wis.

  • Russel Metals buys oilfield supplier Dec 03, 2013

    Russel Metals Inc. has closed its acquisition of Monarch Supply Ltd., an oilfield supply company predominantly servicing the Drayton Valley, Alberta, area.

  • ‘CRU-minus’: a cooler assessment Dec 03, 2013

    The venue was about as unlikely a forum for an ad hoc forensic session on the promise and pitfalls of the "CRU-minus" steel pricing formula as they come: the upstairs banquet room of a sports bar in the shadow of New Jersey’s MetLife Stadium.

  • Metal shipments, orders rise in October Dec 02, 2013

    Shipments and new orders of primary metals and fabricated metals rose in October compared with the previous month, according to the latest U.S. Census Bureau data.

  • OSF ramping up newest forging press Nov 27, 2013

    Ohio Star Forge Co. (OSF) is ramping up its final Hatebur hot forging press, part of a $20-million expansion project that included a 33,000-square-foot plant addition.

  • Everhart to step down from Ohio Slitting Nov 27, 2013

    Doug Everhart, president of Ohio Slitting & Storage Inc., will retire effective Dec. 31 after 45 years in the steel business.

  • Ball to close aerosol can facility Nov 27, 2013

    Packaging manufacturer Ball Corp. has announced that it will cease production at the company’s Danville, Ill., steel aerosol packaging manufacturing plant during the second half of 2014.

  • Correction: M/K opens facility in Saskatchewan Nov 27, 2013

    Due to a reporting error, an article in the Nov. 27 edition incorrectly identified the operator of a new service center in Saskatchewan.

  • M/K opens facility in Saskatchewan Nov 26, 2013

    Bar and tubing distributor Marmon/Keystone Canada Inc. has opened a new 25,500-square-foot service center in Saskatoon, Saskatchewan.

  • Oregon port looks to keep S. Korean shipper Nov 26, 2013

    The Port of Portland, Ore., is working to retain Hanjin Shipping Co. Ltd. after the South Korean shipping company said it would cease operations at the port.

  • NOV titles distribution business, taps execs Nov 26, 2013

    National Oilwell Varco Inc.’s (NOV) planned distribution entity was recently registered as NOW Inc. in Delaware and will operate under the name DistributionNOW, the company said Nov. 25.

  • Chromalloy raises energy, aero profile Nov 25, 2013

    Chromalloy Gas Turbine LLC, a privately held unit of Sequa Corp., has acquired Trac Group, a Tier 1 component supplier to the aerospace and energy industries, for an undisclosed sum, the company said.

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