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    Imports, inventories not a concern: Reliance

    Oct 24, 2014

    Overall inventory levels at U.S. service centers are healthy despite a recent uptick reported by the Metals Service Center Institute (MSCI) that is largely the result of increased import buying, top executives at Reliance Steel & Aluminum Co. said. More »

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    Nucor eyeing upstream acquisitions

    Oct 24, 2014

    Nucor Corp. continues to weigh acquisition opportunities—especially upstream additions—given the lowest iron ore prices in years and the lowest valuation of iron businesses in about a decade. More »

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    Demand will offset GOES ruling: analyst

    Oct 24, 2014

    Increased global demand for better grades of grain-oriented electrical steel (GOES) means the U.S. International Trade Commission’s (ITC’s) negative injury determination on imports from seven countries should not prove a "major setback" to domestic manufacturers, an industry analyst told AMM. More »

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    Nucor still mulls cold-rolled steel trade case

    Oct 24, 2014

    Nucor Corp. is still mulling a trade petition against cold-rolled and coated steel products and may allege critical circumstance once the time is right, the company’s top executive said. More »

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    Ferrous scrap exports to Taiwan flat

    Oct 24, 2014

    Ferrous scrap export prices into Taiwan rose slightly this past week amid improved demand from some mills, ending a five-week slide. More »

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    Domestic rebar prices hold firm

    Oct 24, 2014

    Domestic rebar prices are holding firm as demand remains robust, but aggressive import offers from Turkey are clouding the pricing outlook for the end of 2014 and early next year, market sources told AMM this past week. More »

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    USW joining line pipe trade complaint

    Oct 24, 2014

    The United Steelworkers union has joined the recently filed anti-dumping and countervailing petitions against imports of American Petroleum Institute (API)-grade welded line pipe from South Korea and Turkey. More »

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    EF mills could lead consolidation: SMA

    Oct 24, 2014

    Electric-arc furnace (EF) steelmakers could lead steel industry consolidation, relying on healthy balance sheets and strong corporate cultures to drive acquisition activity, according to the Steel Manufacturers Association (SMA). More »

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    Falling fuel prices won’t derail aero market

    Oct 24, 2014

    Plunging oil prices will not derail demand for next-generation fuel-efficient airliners, according to top executives from Boeing Co. and Allegheny Technologies Inc. (ATI). More »

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    Alcoa selling Mount Holly stake to Century

    Oct 24, 2014

    Century Aluminum Co. has signed an agreement to acquire Alcoa Inc.’s 50.3-percent stake in the Mount Holly aluminum smelter in Goose Creek, S.C., giving it full ownership More »

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    Clinton touts manufacturing at Wheaton Tube

    Oct 24, 2014

    Manufacturing is the backbone of the North American economy and the United States needs to make sure it protects this industry in trade deals, former President Bill Clinton said in a speech at Wheatland Tube Co.’s Chicago facility. More »

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    Copper premiums steady amid '15 contract talks

    Oct 24, 2014

    Domestic copper spot market activity remains muted as buyers and sellers continue to negotiate 2015 contract premiums, with consumers continuing to assert that contracted premiums should drop. More »

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    Decoupling of US, global steel prices 'harmful'

    Oct 24, 2014

    The impact of elevated steel imports on pricing and orders is typically unclear, retired steel analyst Michelle Applebaum told AMM in an interview Oct. 24. More »

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