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  • Encore's net slides due to tighter wire margins Jul 28, 2014

    Encore Wire Corp.’s second-quarter earnings fell 34.5 percent year on year even as sales rose 6.1 percent.

  • Nexans returns to profit in first half Jul 28, 2014

    Nexans SA returned to the black in the first half despite a weak U.S. construction sector that prompted a drop in first-half cable sales to the North American building market.

  • Odom Industries heading for auction Jul 25, 2014

    Metal fabricator Odom Industries Inc. has filed for Chapter 11 bankruptcy protection as it looks to restructure ahead of an Aug. 21 auction.

  • Ryerson announces terms for public offering Jul 25, 2014

    Ryerson Inc. has announced the terms for an initial public offering (IPO) on the New York Stock Exchange, with holding company Ryerson Holding Corp. set to offer 11 million shares in a price range of $17 to $20 per share.

  • Boeing denies claim of age discrimination Jul 25, 2014

    Boeing Co.’s largest white-collar union has accused the company of age discrimination in a filing with the U.S. Equal Employment Opportunity Commission and the Washington State Human Rights Commission.

  • PCC mulls another $6B in acquisitions Jul 24, 2014

    Precision Castparts Corp. (PCC) could spend another $4 billion to $6 billion on acquisitions during the next three years, chairman and chief executive officer Mark Donegan said.

  • Reliance net jumps; flat shipments a concern Jul 24, 2014

    Reliance Steel & Aluminum Co.’s earnings jumped in the second quarter, but flat shipments vs. the first quarter sparked some concern from analysts.

  • Caterpillar gets construction boost, mining segment weak Jul 24, 2014

    Caterpillar Inc.’s construction segment contributed to a 4.1-percent increase in second-quarter net income, offsetting continued weakness in its mining segment.

  • Boeing’s net jumps 51.9% as deliveries rise Jul 24, 2014

    Boeing Co.’s earnings jumped 51.9 percent year on year in the second quarter as replacements for existing commercial transports accounting for a greater-than-normal share of new orders.

  • Correction: United Performance Metals adding equipment Jul 24, 2014

    United Performance Metals is adding its second high-definition plasma table and first plate shear at its Houston facility. The information was stated incorrectly in a story in the July 21 edition.

  • Greenbrier cheers new rail car standards plan Jul 24, 2014

    The U.S. Department of Transportation (DOT) has proposed new measures for moving oil and hazardous materials via rail, drawing an initial positive response from at least one rail car builder.

  • Ford F-150 pickup sheds more weight Jul 23, 2014

    Ford Motor Co.’s 2015 aluminum-bodied F-150 pickup truck will weigh up to 732 pounds less than the prior-year model, Ford truck communications manager Mike Levine told AMM.

  • Structural steel prices seen stable in 2d half Jul 23, 2014

    North American construction costs rose for the 30th straight month in July amid higher fabricated structural steel prices, although pricing is expected to stabilize for the balance of the year, according to an IHS Inc. research report.

  • Nonresidential starts drive building gains Jul 23, 2014

    The value of U.S. construction starts rose 6.3 percent in June, spurred by an 11.8-percent jump in the nonresidential building sector that was paced by manufacturing projects.

  • TransCanada gets pipeline OK Jul 23, 2014

    TransCanada Corp. has received regulatory approval to build a 56-mile pipeline in Alberta.

  • ITC keeps duties on imports from China Jul 23, 2014

    The U.S. International Trade Commission (ITC) has voted to maintain anti-dumping duties on malleable iron pipe fittings and steel threaded rod from China following separate five-year sunset reviews.

  • Cost cutting boosts Synalloy’s results Jul 22, 2014

    Synalloy Corp. continues to grapple with the closure of its loss-making Bristol Fabrication unit, the company said in its quarterly earnings report.

  • Rail car retrofit venture finalized Jul 22, 2014

    Greenbrier Cos. and Watco Cos. LLC have completed the formation of 50-50 joint venture GBW Railcar Services LLC, which will target the increasing demand for rail car repairs and retrofits.

  • CIT rules for Golden Dragon in copper tube trade case Jul 22, 2014

    The U.S. Court of International Trade (CIT) has dismissed a lawsuit filed by domestic copper tube producers in an anti-dumping trade case involving Golden Dragon Precise Copper Tube Group Inc.

  • Worthington names Rose exec vp Jul 21, 2014

    Worthington Industries Inc. has promoted Andy Rose to executive vice president, the company said July 21.

  • Aircraft, engine backlogs lift aerospace metals Jul 21, 2014

    Backlogs for airliners and engines are providing a "momentum lift" to aerospace metals, according to some industry analysts.

  • JCI earnings slump 68% on divestment charges Jul 18, 2014

    Johnson Controls Inc.’s (JCI’s) earnings plummeted 68 percent in its fiscal third quarter due in part to divestment charges, but results were in line with forecasts.

  • Alcoa’s Firth deal transformative: analyst Jul 18, 2014

    Alcoa Inc.’s $2.85-billion acquisition of U.K. aerospace components manufacturer Firth Rixson Ltd. will transform the company’s aerospace operations by expanding its vertically integrated model as well as opening access to the double-digit growth rates in engine markets, according to an industry analyst.

  • United Performance Metals adding equipment Jul 18, 2014

    United Performance Metals is adding a plate shear and high-definition plasma table at its Houston facility.

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