Supply Chain RSS

  • Empire Resources earnings up sharply on higher sales May 16, 2014

    Empire Resources Inc.’s earnings soared in the first quarter on the back of higher sales, particularly to Latin America.

  • Diez, Steel Technologies team on blanking May 15, 2014

    Diez Group LLC and Steel Technologies LLC have formed a joint venture operating as Delaco Kasle Processing Indiana LLC to sell and process aluminum and steel coils and blanks for the automotive, appliance and agricultural industries.

  • Aluminum extruders eye auto, solar growth May 15, 2014

    U.S. aluminum extruders remain upbeat about the prospects for increased demand in 2014, but concerns persist for sectors that continue to feel the impact of the 2008 economic downturn, including building construction, panelists at AMM’s Aluminum Summit in Philadelphia said.

  • Steel to remain king of hill in automotive: SDMI May 15, 2014

    Steel will remain the material of choice for cars and trucks as advanced high-strength steels increasingly gain traction among automakers, sometimes at the expense of competing materials such as aluminum, Steel Market Development Institute (SMDI) executives said in an interview.

  • Carbon fiber use said benefiting Alcoa May 14, 2014

    Alcoa Inc. expects to benefit from the increased use of composite materials in the aerospace sector due to the company’s strong position in fastening systems and propulsion technology, according to executive vice president and chief financial officer William F. Oplinger.

  • Aerodyne Alloys hires inside sales rep May 14, 2014

    Specialty alloys distributor Aerodyne Alloys LLC has hired Sharon Gantenbein as an inside sales representative.

  • Funding problems stalling infrastructure, Mendez says May 14, 2014

    Uncertainties about federal funding levels are stalling substantial infrastructure projects across the United States, according to a top Transportation Department official.

  • Supply impact of auto’s southern drive eyed May 14, 2014

    The North American automotive supply chain could be rocked by the industry’s changing demographics over the next decade, one industry consultant said.

  • GM design team wins SMDI award May 14, 2014

    The design team for General Motors Co.’s Chevrolet Silverado and GMC Sierra 1500 pickup trucks has won the Steel Market Development Institute’s (SMDI’s) annual Automotive Excellence Award.

  • Former Paragon Steel exec Doug Carpenter dies May 14, 2014

    Douglas A. Carpenter, former president of the Paragon Steel unit of Paragon Plus Inc., died May 6. He was 58.

  • PCC invests $30M to integrate Timet operations May 13, 2014

    Precision Castparts Corp. (PCC) is investing $30 million to facilitate the integration of Titanium Metals Corp. (Timet) melted product into the parent company’s downstream processing operations, according to PCC’s top executive.

  • Wal-Mart backs Noranda’s power rate May 13, 2014

    Wal-Mart Stores Inc. is in favor of Noranda Aluminum Holding Corp.’s push for a lower electricity rate in Missouri, citing the severe economic impact on the region should the company’s New Madrid, Mo., smelter close.

  • Kyle succeeds Griffith as Timken chief May 13, 2014

    Timken Co. has promoted Richard G. Kyle to president and chief executive officer, effective immediately, and John M. Timken Jr. has been named non-executive chairman of the Canton, Ohio-based manufacturer of mechanical components and high-performance steels

  • Great Lakes still troubled by ice in April as shipments fall May 13, 2014

    April may have brought warmer temperatures to much of the United States, but it provided little relief to cargo ships on the Great Lakes.

  • Advanced bonding driving aluminum use in autos: analyst May 13, 2014

    The automotive industry is headed toward an aluminum adoption curve that will exceed current expectations and benefit aluminum producers who utilize advanced bonding technologies, according to an analyst at Sterne Agee Group Inc.

  • BMW expanding carbon fiber facility May 12, 2014

    BMW AG plans to triple the capacity of its carbon fiber plant in Moses Lake, Wash., to meet higher demand for lighter-weight components in automotive production.

  • Great Lakes ice plagues iron ore flow in April May 12, 2014

    Iron ore shipments on the Great Lakes remained well below average in April due to heavy ice formations, according to the Lake Carriers’ Association.

  • Steel ‘in battle’ in automotive: ArcelorMittal May 09, 2014

    Advanced high-strength steels are regaining market share in automotive applications that previously favored aluminum, ArcelorMittal SA executives said.

  • Firm coil prices spur latest HSS increase May 09, 2014

    Hollow structural sections (HSS) producers east of the Rockies are pushing through further price increases in response to rising substrate costs.

  • GBC shipments get boost from housing, auto demand May 09, 2014

    Global Brass & Copper Holdings Inc. (GBC) saw shipment volumes increase in the first quarter on the back of higher demand from end-markets such as building and housing, although demand from the electronic/electrical sector was lower.

  • First Nickel recalls workers after mine accident May 08, 2014

    First Nickel Inc. is recalling its workforce and resuming production at the Lockerby mine near Sudbury, Ontario, in the wake of a May 6 incident that claimed the lives of two workers

  • Airframe acquisitions still attractive for PCC May 08, 2014

    More airframe acquisitions are likely in the cards for Precision Castparts Corp. (PCC), chairman and chief executive officer Mark Donegan suggested during a quarterly earnings conference call this week.

  • Market to see copper deficit: Freeport Mc-MoRan May 08, 2014

    Global refined copper production is expected to reach 22.3 million tonnes in 2014, with consumption estimated at 28.1 million tonnes, one executive at Freeport-McMoRan Copper & Gold Inc. said.

  • New mandate could make trucking woes worse May 08, 2014

    Federal and state regulations have had a negative impact on trucking capacity and freight costs, but the worst isn’t over, according to Chris Shimoda, director of policy at the California Trucking Association.

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