Top Stories

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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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    Market split on Turkey scrap price direction

    Jul 28, 2014

    U.S. bulk ferrous scrap export activity is expected to slow down this week due to religious holidays in Turkey and the Middle East along with tepid demand from Asia. More »

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    USS amends credit agreements for Canada ops

    Jul 28, 2014

    U.S. Steel Corp. may be looking to restructure its operations in Canada and has reached an agreement with lenders to modify some financing terms to allow for possible changes, filings with U.S. securities regulators and sources familiar with the matter indicated. More »

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    PTC locks out workers at Ohio plant

    Jul 28, 2014

    PTC Alliance Corp. locked out unionized workers at its Alliance, Ohio, manufacturing facility July 28 after they voted down a proposed labor deal, AMM has learned. More »

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    Nucor, Gerdau hiking rebar prices $10/ton

    Jul 28, 2014

    Nucor Corp. and Gerdau Long Steel North America have raised prices on reinforcing bar products by $10 per ton (50 cents per hundredweight) effective with new orders July 28. More »

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    Ferrosilicon ruling unlikely to affect prices

    Jul 28, 2014

    The Commerce Department’s decision not to impose anti-dumping duties on U.S. imports of Russian ferrosilicon is not expected to impact the domestic market until 2015 contract negotiations begin later this year, market participants said. More »

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    U.S. Steel, Hamilton union start contract talks

    Jul 28, 2014

    U.S. Steel Corp. and the union representing workers at its operations in Hamilton, Ontario, were scheduled to begin contract negotiations July 28, a union official said. More »

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    Ford’s aluminum F-150 gets price hike

    Jul 28, 2014

    Ford Motor Co. has begun receiving orders from U.S. and Canadian dealers for the 2015 F-150, an aluminum-bodied pickup truck that will be priced slightly higher than the 2014 model. More »

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    ATI sees premium rating for Rowley by '15

    Jul 28, 2014

    Allegheny Technologies Inc. (ATI) expects to wind up its pursuit of a premium-quality rating for titanium sponge products for use in aircraft engines by next year. More »

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    Boeing to reach titanium balance by ’15: ATI

    Jul 29, 2014

    Boeing Co.’s titanium inventory should be "in balance" by next year, according to the top executive at Allegheny Technologies Corp. (ATI) More »

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    Aluminum premium set to fall: Morgan Stanley

    Jul 28, 2014

    The premium paid for removing metal from London Metal Exchange warehouses could fall, driven by a flattening aluminum forward curve that could make finance deals less appealing, Morgan Stanley analyst Joel Crane said. More »

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    Aluminum shipments fall in June

    Jul 29, 2014

    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. More »

Latest News by Category

Steel

  • US raw steel output reaches 25-month high

    U.S. raw steel output totaled an estimated 1,920,000 net tons last week, up 1.4 percent from 1,893,000 tons the previous week, as mills operated at an average capacity utilization rate of 79.8 percent.

  • AK Steel losses narrow in qtr. as sales rise

    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.

  • PTC locks out workers at Ohio plant

    PTC Alliance Corp. locked out unionized workers at its Alliance, Ohio, manufacturing facility July 28 after they voted down a proposed labor deal, AMM has learned.

  • USS amends credit agreements for Canada ops

    U.S. Steel Corp. may be looking to restructure its operations in Canada and has reached an agreement with lenders to modify some financing terms to allow for possible changes, filings with U.S. securities regulators and sources familiar with the matter indicated.

  • Nucor, Gerdau hiking rebar prices $10/ton

    Nucor Corp. and Gerdau Long Steel North America have raised prices on reinforcing bar products by $10 per ton (50 cents per hundredweight) effective with new orders July 28.

Scrap

  • 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.

  • Market split on Turkey scrap price direction

    U.S. bulk ferrous scrap export activity is expected to slow down this week due to religious holidays in Turkey and the Middle East along with tepid demand from Asia.

  • Scrap export prices to India pressured

    Prices for containerized ferrous scrap exported to India are under pressure as poor demand and currency markets sent prices lower over the past few weeks.

  • Pull-A-Part planning to open Pa. retail facility

    Auto parts recycler Pull-A-Part LLC will open a site in West Mifflin, Pa., its first location in the northeastern United States.

  • Downturn squeezes secondary margins

    Secondary aluminum smelters and iron foundries suffered big drops in revenue in 2012, while can manufacturers recorded improved revenue compared with 2007, according to the 2012 Economic Census.

Nonferrous

  • NM finance board to review revenue bonds for CN Wire

    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.

  • Boeing to reach titanium balance by ’15: ATI

    Boeing Co.’s titanium inventory should be "in balance" by next year, according to the top executive at Allegheny Technologies Corp. (ATI)

  • Aluminum premium set to fall: Morgan Stanley

    The premium paid for removing metal from London Metal Exchange warehouses could fall, driven by a flattening aluminum forward curve that could make finance deals less appealing, Morgan Stanley analyst Joel Crane said.

  • Ferrosilicon ruling unlikely to affect prices

    The Commerce Department’s decision not to impose anti-dumping duties on U.S. imports of Russian ferrosilicon is not expected to impact the domestic market until 2015 contract negotiations begin later this year, market participants said.

Supply Chain

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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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