AMMDaily: Established 1882, Published Daily

Issue Date: Sat, Nov 07, 2009
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OCTG imports to fall as US duties imposed

The decision by the U.S. Commerce Department to issue preliminary anti-dumping duties on imports of oil country tubular goods (OCTG) from China could have a significant impact on the import market, sources said, though it might still be some time before domestic producers can think about ramping up output.

Aluminum premiums hit 3-year high in tight mart

A tightening of the North American aluminum spot market has sent premiums to a more than three-year high.

Nucor loses fight as ITC says no to China, Taiwan fastener probe

Nucor Fastener expressed disappointment Friday over a U.S. International Trade Commission (ITC) decision to drop an investigation into imports of fasteners from China and Taiwan.

Former GM aluminum trader pleads guilty on two counts

Former General Motors Corp. aluminum trader Daniel Bealko has pled guilty to a kickback scheme involving bulk aluminum sales that cost the automaker more than $80 million.

Globe asset sale could squeeze silicon

Globe Speciality Metals Inc.’s deal to sell interests in two silicon metal plants to Dow Corning Corp. could tighten the spot market on both sides of the Atlantic, sources said.

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