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    Schnitzer logs loss as steel results mixed

    Jun 30, 2015

    Schnitzer Steel Industries Inc. logged a net loss during its fiscal third quarter amid mixed results in its finished steel segment, which recorded lower revenue and average steel selling prices offset by higher steel sales volumes. More »

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    Analysts' views on Alcoa, Constellium dim

    Jun 30, 2015

    Morgan Stanley & Co. LLC analysts are slashing their earnings estimates for major aluminum players Alcoa Inc. and Constellium NV due to a dramatic drop in regional upcharges, such as the Midwest premium. More »

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    Olympic Steel eyes OEMs in Southeast

    Jun 30, 2015

    Olympic Steel Inc. has started up a new cut-to-length stretcher leveler at its Windsor, Ga., facility as it looks to serve original equipment manufacturers in the Southeast. More »

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    USW complains of Century Aluminum discord

    Jun 30, 2015

    Unionized employees at Century Aluminum Co.’s smelter in Hawesville, Ky., are reporting equipment issues and have alleged they face a “hostile work environment from management” following the end of a month-long lockout at the facility. More »

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    Secondary aluminum alloy prices drift lower

    Jun 30, 2015

    Secondary aluminum alloy prices are continuing to slip as some suppliers aggressively lower tags in order to boost sales volumes over the traditionally slower summer. More »

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    Scrap shakeout seen within 2 years

    Jun 30, 2015

    The metals recycling industry likely will experience a shakeout and emerge with fewer players within the next two years, Schnitzer Steel Industries Inc.'s top executive forecast. More »

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    Bill seeks to ease truck driver shortage

    Jun 30, 2015

    Legislation introduced in the U.S. Senate aims to ease the truck driver shortage by creating a federal pilot program to study the impact of allowing truck drivers under the age of 21 to cross state borders. More »

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    Striking HudBay workers reject contract offer

    Jun 30, 2015

    Striking workers at HudBay Minerals Inc.’s copper and zinc facilities in Manitoba have rejected a contract offer from the mining company. More »

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    La. lawmakers call for ship recycling

    Jun 30, 2015

    Louisiana lawmakers have introduced federal legislation in both houses of Congress that calls for transparency in the domestic ship recycling industry. More »

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    Federal metal theft law draws ISRI's ire

    Jun 30, 2015

    A national defense spending bill amendment to address metal theft has drawn the ire of the Institute of Scrap Recycling Industries and the National Conference of State Legislatures (NCSL). More »

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    AZZ expanding galvanizing services in Nev.

    Jun 30, 2015

    AZZ Inc. is building a 50,000-square-foot hot-dip galvanizing facility near Reno, Nev., to tap into rising demand in the up-and-coming region. More »

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    Iron ore seen below $47/T in 3d quarter

    Jun 30, 2015

    Global iron ore prices could fall below $47 per tonne late in the third quarter amid a growing oversupply of material, according to Wolfe Research LLC senior analyst Gordon Johnson. More »

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    Holiday notice

    Jun 30, 2015

    AMM’s offices will be closed Friday, July 3, in observance of Independence Day, and there will be no issue that day. The New York Mercantile Exchange also will be closed Friday. London Metal Exchange prices for July 3 will appear in the July 7 issue. More »

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  • 2015 trucking costs up, intermodal prices may decline

    U.S. truckload costs are expected to continue to rise this year following record highs in late 2014, although declines are anticipated for domestic intermodal rail prices, according to Cass Information Systems Inc. and Avondale Partners LLC.

  • Automotive demand continues to fuel metals sector

    With the year nearly halfway done, it is once again clear that the automotive market is the gem of the fleet, at least as far as steel and aluminum demand are concerned.

  • End games

    From the automotive sector to construction, service centers to the container industry, end-users and their demand for and consumption of steel products have changed with the times, creating headaches and new pathways for steelmakers.

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When will molybdenum prices recover? With prices down almost 50 percent year on year as of mid-June, when do you think they will return to prior levels?

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In 2016
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