AMM Daily

Saturday Aug 23 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.

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Steel RSS

  • Plate prices poised to rise, sentiment mixed

    Aug 22, 2014 | 07:05 PMMichael Cowden

    Plate prices appear poised to move upward after three major domestic producers recently announced increases of $30 to $40 per ton ($1.50 to $2 per hundredweight).

  • Outokumpu's Calvert mill will meet commitments

    Aug 22, 2014 | 06:36 PMRey Mashayekhi

    Outokumpu Stainless USA LLC’s Calvert, Ala., mill will meet “all fourth-quarter customer commitments,” a company spokeswoman told AMM, despite persistent rumors that maintenance issues have affected production and raw materials consumption at the site.

  • Energy plants lift construction index in July

    Aug 22, 2014 | 06:27 PMFrank Haflich

    Energy-related plant construction helped push a key domestic building index up 6 percent in July.

Nonferrous RSS

  • Brazil sales worry US aluminum buyers

    Aug 22, 2014 | 06:01 PMNathan Laliberte

    Several aluminum P1020 consumers are growing concerned about an anticipated supply shortage resulting from a recent uptick in shipments of domestic aluminum to Brazil.

  • Teck to capitalize on zinc shortfall: exec

    Aug 22, 2014 | 05:20 PMSaranya Kapur

    The restart of Teck Resources Ltd.’s Pend Oreille Mine in northern Washington will help meet an expected zinc supply shortfall, with the company forecasting that Chinese production will be unable to keep pace with growing demand.

  • Mercedes swaps aluminum pistons for steel

    Aug 22, 2014 | 03:34 PMNat Rudarakanchana

    German automaker Mercedes-Benz will replace aluminum pistons with high-tech steel pistons in one of its diesel passenger vehicles starting in September.

Scrap RSS

  • Sims Metal Management trims losses

    Aug 22, 2014 | 07:08 PMSean Davidson

    Sims Metal Management Ltd. narrowed its losses in its fiscal year ended June 30 on strong performances in Australia and Europe, which offset a weaker performance in North America and by its electronics recycling division.

  • Sponge iron crimp spurs Indian scrap tags

    Aug 22, 2014 | 04:36 PMSean Davidson

    Tight sponge iron supply in India helped lift some ferrous scrap prices this past week as large producers continued to book supply, although smaller operators remained absent from the marketplace.

  • Salvage yard owner pleads guilty in toxic dumping case

    Aug 22, 2014 | 10:47 AMLisa Gordon

    The owner of a Long Island, N.Y., salvage yard had admitted dumping thousands of gallons of toxic automotive fluids into the ground.

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