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Saturday May 18 2013
AMM’s daily issue is a collection of the top stories as selected by our editors. Access is restricted to subscribers and trialists so if you aren’t subscribing, you are missing the benefit of our editors' experience in judging the most critical news items of the day. Subscribe or take a free trial today.

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Steel RSS

  • House committee advances bill to expedite Keystone XL

    May 17, 2013 | 05:17 PMThorsten Schier

    The House Transportation and Infrastructure Committee has approved legislation that would expedite the permitting of TransCanada Corp.’s proposed Keystone XL pipeline.

  • US must approach trade pacts with caution: execs

    May 17, 2013 | 05:15 PMCatherine Ngai

    The U.S. steel industry could feel the effects of two major trade deals being negotiated by the government if certain provisions are not properly examined, according to participants at the American Iron and Steel Institute’s general meeting.

  • Nucor moving up value chain: Ferriola

    May 17, 2013 | 04:48 PMCorinna Petry

    Steelmaker Nucor Corp. is coming ever closer to achieving its goal of moving up the value chain and creating higher-quality products for more rigorous applications, its top executive told AMM.

Nonferrous RSS

  • Davis to raise funds, invest in resources

    May 17, 2013 | 05:52 PMClaire Hack

    Former Xstrata Plc chief executive officer Mick Davis has hired Goldman Sachs Group Inc. as part of a plan to raise a major mining fund—potentially worth billions of dollars—and could make a play for the Las Bambas copper project in Peru, AMM sister publication Metal Bulletin understands.

  • Ferbasa’s first-quarter profits decline as shipments slide

    May 17, 2013 | 05:38 PMCarolina Guerra

    Brazilian ferroalloys producer Cia. de Ferro Ligas da Bahia (Ferbasa) saw first-quarter earnings fall year on year on reduced exports and increased costs.

  • SAG mill at Copper Mountain Mine down

    May 17, 2013 | 03:36 PMBarbara O'Donovan

    Operations at Copper Mountain Mining Corp.’s semi-autogenous grinding mill at its Copper Mountain Mine in British Columbia have been temporarily suspended.

Scrap RSS

Supply Chain RSS

  • Efficiency gains expected to slow growth in energy usage

    May 17, 2013 | 05:21 PMCorinna Petry

    Drivers for energy demand include population growth and economic activity. While the world population will grow to 9 billion by 2040 from 7 billion, economies around the world are becoming more efficient with their energy consumption, and at an accelerated pace.

  • House committee advances bill to expedite Keystone XL

    May 17, 2013 | 05:17 PMThorsten Schier

    The House Transportation and Infrastructure Committee has approved legislation that would expedite the permitting of TransCanada Corp.’s proposed Keystone XL pipeline.

  • Analysis ‘exonerates’ Dyson: executive

    May 17, 2013 | 04:43 PMFrank Haflich

    Dyson Corp. has said that an analysis of steel anchor rods it made for the San Francisco-Oakland Bay Bridge "exonerates" the company on the failure of several of the rods.

  1. PSC moves to get back on its feet, sets closures
  2. US bulk export tags to Turkey near 3-year low
  3. China outlines details of ‘Green Fence’
  4. Future bright despite challenges: steel execs
  5. Outlook for US is weak, but still better than elsewhere

Latest Pricing Trends

No. 1 heavy melt-3.51%
Platinum-1.17%
Gold-0.89%
Cobalt-0.65%
Aluminum0.12%
Nickel0.56%
Copper0.85%
Tin1.28%
Lead1.58%
Natural gas3.03%
From 05/17/2013 

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

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