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Brazilian steelmaker Cia. Siderúrgica Nacional (CSN) has closed the sale of 40 percent of iron subsidiary Namisa Iron Ore Mines to consortium Big Jump Energy Participaçoes SA for $3.08 billion, the Rio de Janeiro-based company said in a statement.
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Despite an unprecedented order book for the Boeing 787 Dreamliner that only grew larger as 2008 came to an end, program delays on the new plane continue to cast a cloud over the New Year’s outlook for titanium.
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Atlantic Wire Co. LLC pleaded guilty Tuesday to two counts of violating the federal Clean Water Act and one count of submitting false statements to the Connecticut Department of Environmental Protection (CDEP) with regard to polluting the Branford River.
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Sandvik Materials Technology, Sandviken, Sweden, will modify its alloy surcharge model for seamless tubular products starting Jan. 1 in a bid to reduce time lags.
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To say that 2008 was a year of changed expectations for the aluminum market would be putting it mildly.
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Chinese domestic hot-rolled coil prices climbed by 200 yuan ($29) per tonne this week as supply is finally tightening following production cuts.
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With production slated to begin in less than two years, ThyssenKrupp Stainless USA LLC, Mobile, Ala., has organized the team that will sell and market product made at its new mill.
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Pattison Sand Co.’s $10-million claim against Outotec Oyj, an Espoo, Finland-based metals and minerals processor, has been sustained by Iowa’s arbitral tribunal. Outotec’s counterclaim of $5 million was rejected.
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Specialty Metals Processing Inc. (SMP) has named Thomas R. Schmitt vice president of sales. Schmitt, a veteran of 30-plus years in the U.S. specialty steel industry, most recently served as vice president of sales at North American Stainless Inc. (NAS), Ghent, Ky. He began his industry career in 1975 at Crucible Steel, later moving on to Washington Steel, Main Steel and NAS before joining SMP, the Stow, Ohio-based company said in a statement.
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Hot-rolled carbon steel products from Thailand’s Sahaviriya Steel Industries Public Co. Ltd. (SSI) will be subject to a margin of 9.05 percent, the U.S. Department of Commerce said in a preliminary determination as part of a changed circumstance review.
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The U.S. Department of Commerce is conducting an administrative review of the countervailing duty order on certain hot-rolled carbon steel products from India.
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Brazilian mining and metals company MMX Mineração e Metálicos SA paid a lump sum of $79.1 million in December to receive a discount on the purchase of iron ore miner AVG Mineração SA.
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Atlantic Wire Co. LLC pleaded guilty Tuesday to two counts of violating the federal Clean Water Act and one count of submitting false statements to the Connecticut Department of Environmental Protection (CDEP) with regard to polluting the Branford River.
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With production slated to begin in less than two years, ThyssenKrupp Stainless USA LLC, Mobile, Ala., has organized the team that will sell and market the product manufactured at its new mill.
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The U.S. Transportation Security Administration’s (TSA’s) new Transportation Worker Identification Credential (TWIC) program—which requires port workers and visitors such as truck drivers to have a biometric, chip-imbedded identification card to enter—is not expected to delay inbound or outbound metals shipments, industry sources say.
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Allegheny Technologies Inc. (ATI), Pittsburgh, has laid off 209 workers at its Midland, Pa., stainless steel production plant as part of a plan to reduce its work force by 20 percent in response to a lack of steel orders.
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Trade groups are calling on Customs and Border Protection (CBP) to rethink new security requirements for ports that by one estimate could cost American manufacturers as much as $20 billion annually.
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Hot-rolled carbon steel products from Thailand’s Sahaviriya Steel Industries Public Co. Ltd. (SSI) will be subject to a margin of 9.05 percent, the U.S. Department of Commerce said in a preliminary determination as part of its changed circumstance review.
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The U.S. Department of Commerce is conducting an administrative review of the countervailing duty order on certain hot-rolled carbon steel products from India.
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Specialty Metals Processing Inc. (SMP), Stow, Ohio, has named Thomas R. Schmitt vice president of sales.
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Thomas B. Boklund, a blunt, straight-talking engineer who led the former Oregon Steel Mills Inc. during its initial years of growth as a public company as well as during some of its most rancorous relations with organized labor, died unexpectedly on Dec. 27.
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Chinese pipe makers again find themselves in the line of fire of foreign governments targeting imports of various pipe products from the nation.
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The number of drill rigs running in the United States fell by 43 last week, with the largest decrease in Texas (down 23), while Canadian drilling activity fell by 90 rigs.
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The Federal Reserve Bank of Chicago’s Midwest Manufacturing Index fell 1.6 percent to a seasonally adjusted 96.4 in November vs. a revised drop of 1.2 percent to 98 in October, the bank reported Monday.