Supply Chain

  • Triple-S Steel opens branch in California focusing on flat-roll Sep 14, 2010

    Triple-S Steel Holdings Inc. has opened its first West Coast branch as the region’s steel distribution industry continues to realign.

  • Correction Samson donates $10M for research Sep 14, 2010

      Macsteel Service Centers USA is a wholly owned subsidiary of Macsteel Global BV. A Sept. 13 story incorrectly identified the company as a unit of Macsteel International, which is 50-percent owned by Macsteel Global. Eric Samson is co-chairman of Macsteel Global and Macsteel Holdings.

  • Canadian fabricator upbeat even as net slides Sep 09, 2010

    Canadian fabricator ADF Group Inc. is optimistic that 2011 will show improvement despite ongoing weakness in the construction arena.

  • Fabricator wins $8.5M in orders Sep 09, 2010

    Diversified Metal Products Inc. (DMP), a metals fabricator and installer, has won a handful of contracts valued at more than $8.5 million from contractor Shaw Areva Mox Services LLC.

  • Former GM chief to head SunCoke Sep 03, 2010

    Sunoco Inc. has turned to a former automotive executive to head its SunCoke Energy Inc. unit.

  • Auto industry M&A activity up in 1st half, but values sink Sep 03, 2010

    The global automotive industry experienced a “cautious uptick” in merger and acquisition (M&A) deal volumes in the first half of the year, although it came against a backdrop of the lowest deal value in five years, according to a report.

  • US auto sales drop 4.3 percent in August Sep 02, 2010

    Automotive sales by the top seven brands sold in the United States fell 4.3 percent in August as automakers said they expected somewhat disappointing month-on-month numbers, although year-to-date sales continued to rise.

  • EMJ opens center in Malaysia Aug 31, 2010

    A unit of Reliance Steel & Aluminum Co. has opened a metals service center in Malaysia.

  • Owner group set up to buy OCTG distributor in Texas Aug 31, 2010

    An ownership group has been formed to acquire the assets of Bourland & Leverich Supply Co., a Pampa, Texas-based distributor of oil country tubular goods (OCTG) to onshore energy exploration and production companies in North America.

  • Reliance division opens center in Malaysia Aug 31, 2010

    A unit of Reliance Steel & Aluminum Co. has opened a metals service center in Malaysia.

  • Ryerson opening second center in Mexico Aug 19, 2010

    Metals processor and distributor Ryerson Inc. is opening its second service center in Mexico, with company executives confident in the move despite a market that’s getting more crowded every year.

  • Caterpillar plans series of expansions across the U.S. Aug 16, 2010

    Caterpillar Inc. has announced three expansion projects during the past few weeks, delivering on a promise made earlier this year to invest more in American manufacturing assets while still growing its operations abroad, especially in China.

  • Toyota lifts 2010 output forecast Aug 05, 2010

    Toyota Motor Corp. has raised its 2010 production and vehicle sales outlook by 16 percent and 6 percent, respectively, vs. its previous forecast.

  • July auto sales reflect slow recovery Aug 04, 2010

    Car and truck sales by the top seven automakers in the United States increased 4.9 percent in July from the previous month, but it was not nearly enough to make up for an 11.9-percent decline in June.

  • Industry cautious on new ATI titanium alloy Aug 02, 2010

    Allegheny Technologies Inc. (ATI) is banking on a new proprietary alloy to serve as a substitute to the aerospace industry’s workhorse titanium 6-4 (6 aluminum-4 vanadium) alloy, although industry sources remain cautious.

  • Anticipated federal tax hike may spur divestitures, Hannah says Jul 22, 2010

    Expectations of higher federal taxes in 2011 might lead some service center owners to sell their businesses this year rather than wait for them to reach a higher market value as the economy recovers further, Reliance Steel & Aluminum Co.’s top executive speculated this week.

  • Moody’s upgrades Shiloh’s credit rating Jul 02, 2010

    Moody’s Investors Service has upgraded the credit ratings of Valley City, Ohio-based Shiloh Industries Inc., due to improving conditions in the automotive markets.

  • Timken jv delivers first bearings Jul 02, 2010

    The Timken Co., Canton, Ohio, said its Timken-XEMC joint venture in Xiangtan, Hunan province, China, recently began delivering its initial production of ultra-large bore bearings to XEMC Windpower Co. Ltd., in Hunan province.

  • June auto sales fall but trucks poised for growth Jul 02, 2010

    Deliveries of cars and trucks by the top seven automakers in the United States fell 11.9 percent last month from May following a 13.6-percent jump from April, according to an AMM analysis.

  • Union urges rejection of Boeing contract Jun 24, 2010

    The union at Boeing Co.’s St. Louis division is urging members to turn down a proposed contract as a strike deadline has been moved back three days.

  • Mediators stop the clock on Boeing strike countdown Jun 16, 2010

    An 11th-hour appeal from federal mediators has stopped the clock ticking on a strike countdown at Boeing Co.’s St. Louis operation.

  • Treasury mulls IPO for GM, but move unlikely until 2011 Jun 11, 2010

    The U.S. Treasury Department is exploring a possible initial public offering (IPO) of General Motors Co.’s common stock, of which it owns 60.8 percent, although the automaker is unlikely to go public until next year.

  • Boeing, C-17 union sit down with mediators Jun 04, 2010

    Boeing Co. and striking workers at the production facility of the C-17 Globemaster III military transport have come to the bargaining table for the first time since a walkout began on May 11.

  • US manufacturing growth slows in May Jun 01, 2010

    Economic activity in the U.S. manufacturing sector expanded in May for the 10th straight month, although growth slowed slightly from the previous month, with the Institute for Supply Management’s purchasing managers index (PMI) slipping to 59.7 percent from 60.4 percent in April. Both the primary metal and fabricated metal products segments reported growth in May.

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