Top Stories

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    ‘Unplanned stoppage’ hits AK Ashland furnace

    Jul 29, 2014

    AK Steel Corp.’s Ashland (Ky.) Works recently suffered an "unplanned stoppage" of its blast furnace, a company spokesman said, confirming industry reports. More »

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    Scrap exporter poised to enter W. Coast mart

    Jul 29, 2014

    A new metal recycling company in Washington state is poised to compete in the ferrous scrap bulk export market, bringing the total number of bulk exporters in the Pacific Northwest to three. More »

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    OCTG gains momentum after dumping verdict

    Jul 29, 2014

    Oil country tubular goods (OCTG) prices are gathering steam following the recent anti-dumping trade case ruling that saw duties levied against South Korea, the largest overseas supplier of the product to the United States. More »

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    Deacero mulls wire rod ruling appeal

    Jul 30, 2014

    Mexican steelmaker Deacero SAPI de CV and subsidiary Deacero USA Inc. could appeal the U.S. International Trade Commission (ITC) decision to continue anti-dumping duties on imports of wire rod from Mexico, according to a legal filing. More »

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    Blaze, Newell enter merger deal

    Jul 29, 2014

    Blaze Recycling & Metals LLC and Newell Recycling of Georgia LLC have entered a definitive merger agreement that will create a powerful player in the Southeast. More »

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    AK Steel losses narrow in qtr. as sales rise

    Jul 29, 2014

    AK Steel Corp. narrowed its net loss by 57.7 percent in the second quarter as increased sales outweighed the lingering impact of harsh winter weather, with the company upbeat of a better second half. More »

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    USS logs loss in qtr.; better times seen ahead

    Jul 29, 2014

    U.S. Steel Corp. slid into the red in the second quarter after a difficult winter and operational problems dented results, but it sees better times ahead. More »

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    High costs push Castle deeper into red

    Jul 29, 2014

    Metals and plastics distributor A.M. Castle & Co. experienced a disappointing second quarter, the company’s top executive said, as steep operating costs ate up more than half of $249.5 million in quarterly sales amid broader restructuring. More »

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    GrafTech posts 2d-qtr. loss of $160M

    Jul 29, 2014

    GrafTech International Ltd. expects its graphite electrode production facilities to run at full capacity in the second half of the year as the company’s steelmaking customers are cautiously optimistic about their business for the remainder of 2014. More »

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    Kodak files lawsuit against banks, LME

    Jul 29, 2014

    Eastman Kodak Co. has filed an antitrust lawsuit against Goldman Sachs Group Inc., JPMorgan Chase & Co., Glencore Xstrata Plc, the London Metal Exchange and others for allegedly scheming to inflate the value of aluminum stored in LME-approved warehouses. More »

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    Primary aluminum sees revenue drop: Census

    Jul 29, 2014

    U.S. manufacturers of primary aluminum products saw significant drops in revenue and industrywide consolidation following the 2008 global financial crisis, according to the 2012 Economic Census. More »

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    Zorba said unlikely to boost twitch prices

    Jul 29, 2014

    Domestic prices for twitch, a high-quality nonferrous auto shred, are unlikely to rise even if export tags for its zorba feedstock increase next month, market participants said. More »

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    AK execs see electrical steel turnaround

    Jul 29, 2014

    AK Steel Corp. believes that "after a multi-year decline, the tide is beginning to turn" for the global electrical steel market. More »

Latest News by Category

Steel

  • Deacero mulls wire rod ruling appeal

    Mexican steelmaker Deacero SAPI de CV and subsidiary Deacero USA Inc. could appeal the U.S. International Trade Commission (ITC) decision to continue anti-dumping duties on imports of wire rod from Mexico, according to a legal filing.

  • No talks with USS on Double Eagle: AK

    AK Steel Corp. is bullish about some of the facilities it expects to acquire as part of its $700-million deal for OAO Severstal’s integrated mill in Dearborn, Mich. The picture is less clear when it comes to the future of Double Eagle Steel Coating Co.

  • Weak aero, energy demand hurts Carpenter

    Carpenter Technology Corp. sees "positive indicators" as it enters its new fiscal year, including extended backlogs, gradually improving aerospace demand and a "fully operational" premium alloy facility in Alabama.

  • HSS prices softer, but rise expected soon

    Hollow structural sections (HSS) prices east of the Rockies are said to have softened this past month, although sources anticipate an increase soon on the back of firming coil tags.

  • USS logs loss in qtr.; better times seen ahead

    U.S. Steel Corp. slid into the red in the second quarter after a difficult winter and operational problems dented results, but it sees better times ahead.

Scrap

  • Scrap exporter poised to enter W. Coast mart

    A new metal recycling company in Washington state is poised to compete in the ferrous scrap bulk export market, bringing the total number of bulk exporters in the Pacific Northwest to three.

  • Zorba said unlikely to boost twitch prices

    Domestic prices for twitch, a high-quality nonferrous auto shred, are unlikely to rise even if export tags for its zorba feedstock increase next month, market participants said.

  • Lead, zinc scrap prices rise amid LME gains

    A run-up in terminal market prices has pushed up lead and zinc scrap tags, but muted summer market activity has placed a ceiling on scrap prices, market sources told AMM.

  • Siegel family returning to recycling with SC facility

    The co-founders of Carolinas Recycling Group LLC (CRG) have returned to the industry with a metal recycling and processing facility in South Carolina.

  • Blaze, Newell enter merger deal

    Blaze Recycling & Metals LLC and Newell Recycling of Georgia LLC have entered a definitive merger agreement that will create a powerful player in the Southeast.

Nonferrous

  • Copper drop sinks Southern Copper results

    Despite increased revenues from copper sales and higher zinc and molybdenum prices, Southern Copper Corp. reported a 9.5-percent year-on-year decline in second-quarter earnings due to a drop in average copper prices.

  • Primary aluminum sees revenue drop: Census

    U.S. manufacturers of primary aluminum products saw significant drops in revenue and industrywide consolidation following the 2008 global financial crisis, according to the 2012 Economic Census.

  • Kodak files lawsuit against banks, LME

    Eastman Kodak Co. has filed an antitrust lawsuit against Goldman Sachs Group Inc., JPMorgan Chase & Co., Glencore Xstrata Plc, the London Metal Exchange and others for allegedly scheming to inflate the value of aluminum stored in LME-approved warehouses.

  • Revenue bonds for CN Wire under review

    New Mexico’s move to issue industrial revenue bonds to Turkey-based copper wire manufacturer CN Wire Corp. has been put on hold and will be subject to a hearing by the New Mexico State Board of Finance.

  • Aluminum shipments fall in June

    North American aluminum shipments fell in June but rose year to date as "weakness in can sheet is offsetting gains in many other product types," according to Timothy Hayes, principal of New York-based Lawrence Capital Management Inc.

Supply Chain

  • Commercial aero offsets Ducommun’s military cuts

    Growing commercial aerospace work helped Ducommun Inc.’s net income soar in the second quarter, and the Los Angeles-based aerospace subcontractor’s stock price once again reacted sharply to unexpected earnings results.

  • High costs push Castle deeper into red

    Metals and plastics distributor A.M. Castle & Co. experienced a disappointing second quarter, the company’s top executive said, as steep operating costs ate up more than half of $249.5 million in quarterly sales amid broader restructuring.

  • Leeco appoints purchasing exec

    Leeco Steel LLC has named Ryan Murphy vice president of purchasing effective immediately.

  • AT&F building new plant in India

    Steel fabricator AT&F has begun construction of a manufacturing plant in India.

  • GrafTech posts 2d-qtr. loss of $160M

    GrafTech International Ltd. expects its graphite electrode production facilities to run at full capacity in the second half of the year as the company’s steelmaking customers are cautiously optimistic about their business for the remainder of 2014.

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  • Is it time to shred the shredders? by Jo Isenberg

    Oklahoma resident Eileen Rowley claims that windows have been cracked and house foundations damaged due to “sonic booms” permeating her neighborhood. And she’s not alone.

    Read More

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