AMM Daily

Wednesday Aug 27 2014
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

  • US-import price gap for OCTG slims

    Aug 27, 2014 | 03:08 PMThorsten Schier

    The price gap between foreign and U.S. oil country tubular goods (OCTG) has narrowed as tags for imported product continue to rise following an injury determination against offshore product from six nations, including largest supplier South Korea.

  • Cliffs eyes divesting nickel-iron project

    Aug 27, 2014 | 02:50 PMRey Mashayekhi

    Cliffs Natural Resources Inc.’s Canadian subsidiary is seeking to divest its entire 60-percent stake in the Decar nickel-iron project in British Colombia, according to project stakeholder First Point Minerals Corp.

  • Rebar mills ask Commerce to reject Turkey’s complaint

    Aug 27, 2014 | 01:20 PMNat Rudarakanchana

    A complaint by Turkish rebar exporters about the timing and content of a meeting in late July between U.S. rebar producers and Commerce Department officials should be rejected, the Rebar Trade Action Coalition said.

Nonferrous RSS

  • Globe to restart ferrosilicon output at Siltech

    Aug 27, 2014 | 03:56 PMDaniel Fitzgerald

    Globe Specialty Metals Inc. aims to restart ferrosilicon production at South African subsidiary Silicon Technology Pty Ltd. (Siltech) by the end of 2014.

  • No US duties for Venezuela ferrosilicon

    Aug 26, 2014 | 06:04 PMDaniel Fitzgerald

    Imports of ferrosilicon from Venezuela are not injuring or threatening to injure the U.S. industry, the International Trade Commission (ITC) ruled Aug. 26. As a result, no anti-dumping duties will be imposed.

  • LME wins dismissal in aluminum antitrust suit

    Aug 26, 2014 | 05:54 PMAndrea Hotter

    A judge has dismissed the London Metal Exchange as a defendant in a U.S. antitrust lawsuit alleging manipulation of aluminum supplies to drive up prices on the grounds of sovereign immunity.

Scrap RSS

  • Pedestrian killed at La. scrapyard

    Aug 27, 2014 | 12:55 PM

    A pedestrian was killed in an accident at a Louisiana Scrap Metal Recycling facility in Lafayette, La.

  • Bank seeks dismissal of recycler Ch. 11

    Aug 27, 2014 | 12:39 PMLisa Gordon

    JPMorgan Chase Bank NA is seeking the dismissal of an Illinois metal recycler’s Chapter 11 bankruptcy protection filing, alleging that it spent funds without permission and is attempting to avoid its responsibilities to creditors.

  • Sims taps Knechtel to fill finance chief post

    Aug 27, 2014 | 10:24 AMSean Davidson

    Sims Metal Management Ltd. has named Fred Knechtel group chief financial officer.

Supply Chain RSS

  • Castings producer settles EPA alleged violations

    Aug 27, 2014 | 03:35 PMFrank Haflich

    Castings producer SeaCast Inc. has agreed to pay an $18,000 penalty and buy new equipment costing at least $230,000 to settle alleged hazardous waste violations, according to the U.S. Environmental Protection Agency.

  • US trade petition targets China steel shelving

    Aug 26, 2014 | 04:56 PMMichael Cowden

    Edsal Manufacturing Co. Inc., the largest U.S. manufacturer of boltless steel shelving, has filed a trade petition against Chinese producers of the product.

  • Ford shuts plant in prep for F-150 production

    Aug 25, 2014 | 04:51 PMNathan Laliberte

    Ford Motor Co. has temporarily closed its Dearborn, Mich.-based truck assembly plant as the company prepares to install equipment designed to manufacture its aluminum-intensive 2015 F-150 pickup truck.

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