AMM Daily

Thursday Apr 17 2014
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  • SDI's net income down 20% in 1st qtr.

    Apr 16, 2014 | 06:33 PMThorsten Schier

    Severe winter weather took a toll on Steel Dynamics Inc. (SDI) in the first quarter, as the company saw net income slide 20 percent despite a 1.9-percent increase in sales compared with the same period last year.

  • Senate staff meet on OCTG case

    Apr 16, 2014 | 05:27 PM

    Staff members of the Commerce Department’s International Trade Administration (ITA) met with staff from 19 U.S. senators to discuss the ongoing anti-dumping and subsidy investigation on imports of oil country tubular goods (OCTG) from nine countries.

  • Stainless hikes to stick, with NAS or not: mart

    Apr 16, 2014 | 04:58 PMRey Mashayekhi

    Stainless steel prices could be in line for further gains, distributor sources said, as others expressed confidence that producer increases announced for May could hold even if North American Stainless Inc. (NAS) fails to jump on board.

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  • Lincoln Electric steel analyst Ron Breese dies

    Apr 16, 2014 | 12:03 PMThorsten Schier

    Ronald George Breese, corporate steel analyst at Lincoln Electric Co., passed away April 10 at the age of 68, the welding and cutting company said in a statement.

  • Future Metals opens 9th facility

    Apr 15, 2014 | 05:52 PM

    Future Metals LLC, an affiliate of pipe and tubing distributor Marmon/Keystone LLC, has opened its ninth metal service center.

  • Steel shipments rise as output falls: MSCI

    Apr 15, 2014 | 05:18 PMMichael Cowden

    North American steel service centers’ shipments rose in March as production problems and lingering weather-related logistic disruptions hampered output from mills.

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