AMM Daily

Thursday Jul 31 2014
AMM’s daily issue is a collection of the top stories as selected by our editors. Access is restricted to subscribers and trialists so if you aren’t subscribing, you are missing the benefit of our editors' experience in judging the most critical news items of the day. Subscribe or take a free trial today.

Latest News By Category

Steel RSS

  • TimkenSteel posts strong sales, earnings in 2d qtr.

    Jul 31, 2014 | 02:46 PMNat Rudarakanchana

    TimkenSteel Corp.’s sales and earnings rose in the second quarter ahead of its separation from former parent Timken Co., a positive first sign for its full-year targets.

  • Evraz unveils new semipremium connection

    Jul 31, 2014 | 02:24 PMThorsten Schier

    Evraz Inc. North America has introduced a new semipremium connection for thermal oil and unconventional drilling applications, the company said July 30.

  • OCTG index gain driven by trade case: Tenaris

    Jul 31, 2014 | 02:02 PMThorsten Schier

    A jump in the benchmark Pipe Logix oil country tubular goods (OCTG) index for July was likely spurred by the anti-dumping duties assessed on imports from South Korean, Tenaris SA’s top North American executive said during an earnings call.

Nonferrous RSS

  • Century Aluminum back in the black in 2d qtr. [UPDATED]

    Jul 30, 2014 | 06:57 PMNathan Laliberte

    Higher aluminum prices and lower power rates in the Midwest helped Century Aluminum Co. return to profitability in the second quarter.

  • HudBay completes Augusta Resources purchase

    Jul 30, 2014 | 06:42 PMSaranya Kapur

    Copper and zinc miner HudBay Minerals Inc. has acquired 96 percent of the outstanding shares of Augusta Resource Corp., which owns the Rosemont copper project in Pima County, Ariz.

  • Aluminum supply glut threat said aggrandized

    Jul 30, 2014 | 04:49 PMNathan Laliberte

    A narrowing contango in aluminum futures t could lead to a large amount of the material hitting the physical market, although some industry players said that the threat of a supply glut was being exaggerated by traders at major banks looking to cash in on short-term profits.

Scrap RSS

  • Scrap trading veteran Peterson retires

    Jul 31, 2014 | 11:43 AMLisa Gordon

    Raymond Peterson retired as vice president of trading at Allegheny Raw Materials Inc. (ARM) after 44 years in the industry, effective July 31.

  • Scrap price sentiment seen climbing for Aug.

    Jul 30, 2014 | 04:10 PMSean Davidson

    U.S. steel mills are unlikely to cancel outstanding scrap orders July 31 as market sentiment on August’s price direction improves.

  • Upstate getting parts for Pa. shredder

    Jul 30, 2014 | 02:07 PMLisa Gordon

    Upstate Shredding LLC-Ben Weitsman & Son Inc.’s operations in New Castle, Pa., has begun to receive pieces of the new auto shredder for the site.

Supply Chain RSS

  • Superior Industries to close Ark. facility

    Jul 30, 2014 | 01:36 PMNathan Laliberte

    Superior Industries International Inc. is closing its manufacturing facility in Rogers, Ark., as part of an initiative to reduce costs and enhance its global competitive position.

  • Italian auto parts caster to build Mich. foundry

    Jul 30, 2014 | 11:41 AMLisa Gordon

    An Italian automotive parts casting company plans to construct a €74-million ($99.2-million) melting facility specializing in brake discs in Homer, Mich.

  • Vulcanium taps Peko for new post

    Jul 30, 2014 | 09:58 AMFrank Haflich

    Vulcanium Metals International LLC has hired Kim Peko to fill the company’s new position of aerospace business development manager.

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