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