AMM Daily

Wednesday Apr 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.

Latest News By Category

Steel RSS

  • Voestalpine starts output at US auto parts plant

    Apr 22, 2014 | 07:03 PMMichael Cowden

    Voestalpine Group has begun producing high-strength steel auto components at its $70-million Voestalpine Automotive Body Parts Inc. subsidiary in Cartersville, Ga.

  • ATI closing iron casting facility by end of June

    Apr 22, 2014 | 04:50 PMRey Mashayekhi

    Allegheny Technologies Inc. (ATI) will close its iron castings facility in LaPorte, Ind., by the end of June, according to a U.S. Securities and Exchange Commission filing.

  • ATI expects emerging positive trends

    Apr 22, 2014 | 04:31 PMRey Mashayekhi

    ATI expects emerging trends in the form of longer lead times for many of its products, the realization of modest base price increases, and a shift in the direction of raw material surcharges to deliver improved results after a "challenging" first quarter.

Nonferrous RSS

  • ATI’s titanium shipments rise in quarter

    Apr 22, 2014 | 05:40 PMFrank Haflich

    Allegheny Technologies Inc.’s (ATI’s) first-quarter titanium shipments increased compared with the fourth quarter, buoyed by an apparent improvement in aerospace, but were down from the same period last year as "weak demand" in the industrial market also spurred an $8.3-million inventory write-down.

  • Teck posts lower profits, plans job reductions

    Apr 22, 2014 | 05:09 PMSaranya Kapur

    Teck Resources Ltd. said it will reduce its global work force by 5 percent, or 600 jobs, after posting lower sales and earnings in the first quarter.

  • Falling copper prices pinch Mueller's results

    Apr 22, 2014 | 04:35 PMSaranya Kapur

    Mueller Industries Inc. saw its first-quarter net income slip 5.7 percent year on year as declining copper prices offset an increase in net sales, the company said April 22.

Scrap RSS

  • Tampa port gives DJJ OK to Onesteel lease

    Apr 22, 2014 | 06:33 PM

    The Port of Tampa Bay has authorized its president and chief executive officer to execute the port’s consent to a proposed takeover by Trademark Metals Recycling LLC of a lease owned by OneSteel Recycling Inc., subject to review by the port’s chief legal officer.

  • Recyclers eye M&A, new streams in growth

    Apr 22, 2014 | 04:17 PMSean Davidson

    Metal recycling companies struggling to find better margins should focus on increasing their recycling streams and consider mergers and acquisitions to drive growth, according to market participants.

  • Aluminum scrap tags flat following LME holiday

    Apr 22, 2014 | 02:34 PMBhavna Patel

    Aluminum scrap prices remained largely unchanged this week as they continued to follow primary aluminum prices on the London Metal Exchange, which was closed April 21 for a four-day Easter holiday.

Supply Chain RSS

  • Voestalpine starts output at US auto parts plant

    Apr 22, 2014 | 07:03 PMMichael Cowden

    Voestalpine Group has begun producing high-strength steel auto components at its $70-million Voestalpine Automotive Body Parts Inc. subsidiary in Cartersville, Ga.

  • Greenbrier hires rival’s former chief

    Apr 22, 2014 | 06:02 PMFrank Haflich

    Greenbrier Cos. has hired Jim Cowan, former chief executive officer of a rival rail car builder, to fill a key operating post in what some Wall Street observers believe could be the first step on a path to Greenbrier’s chief executive officer post.

  • ATI closing iron casting facility by end of June

    Apr 22, 2014 | 04:50 PMRey Mashayekhi

    Allegheny Technologies Inc. (ATI) will close its iron castings facility in LaPorte, Ind., by the end of June, according to a U.S. Securities and Exchange Commission filing.

Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events