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Steel Dynamics expanding Columbia City mill capacity

April 10, 2006

Steel Dynamics Inc. today announced plans to add additional production capacity at its Columbia City, Ind., mini mill that will allow the plant to produce a higher volume of rail products and add...

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Planned layoffs dropped in March

April 4, 2006

Employent consulting firm Challenger, Gray & Christmas today announced that planned layoffs in the U.S. fell 26 percent in March from February—25 percent lower than March 2005 and the lowest...

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Manufacturing sector activity grew in March

April 3, 2006

Economic activity in the manufacturing sector grew in March for the 34th consecutive month, while the overall economy grew for the 53rd consecutive month, said the nation's supply executives in the...

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U.S. to file trade case against China

March 30, 2006

Business Week Onlinehas reported that the Bush administration today said it is filing a trade case against China before the World Trade Organization (WTO) in a dispute involving auto parts from the...

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GM discussing possible sale of Isuzu shares

March 30, 2006

General Motors acknowledged today that it is discussing the possible sale of Isuzu Motors Ltd. shares owned by GM in a private transaction.GM said Isuzu is a core alliance partner with which it has...

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Whirlpool-Maytag merger approved

March 29, 2006

U.S. antitrust regulators today approved Whirlpool Corp.'s proposed acquisition of rival appliance maker Maytag Corp.Following its months-long investigation, the Justice Department said it would not...

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Dana Corp. to access loan, keep operating

March 29, 2006

Auto parts manufacturer Dana Corp. today received court approval for full access to a $1.45 billion loan that will enable the company to continue to operate. The court also consented to let the...

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Nucor CEO urges Washington action on natural gas

March 28, 2006

"Now I don't expect our government to guarantee us low natural gas prices. I do expect that our government will not withhold natural gas supply that they control," said Dan DiMicco, Nucor Corp. vice...

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Roll-Kraft names vice president, U.S. operations

March 27, 2006

Roll-Kraft has promoted Charles (Chuck) J. Summerhill to the position of vice president of U.S. operations.Summerhill has been with the company for 10 years. He served as engineering manager of roll...

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Mittal Steel USA CEO elected AISI chairman

March 22, 2006

Louis L. Schorsch, president and chief executive officer of Mittal Steel USA, will become chairman of the American Iron and Steel Institute April 1.The board of directors of AISI, the trade...

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Nucor to purchase Connecticut Steel assets

March 21, 2006

Nucor Corp. announced today that it has entered into an agreement to purchase substantially all of the assets of Connecticut Steel Corp. for a cash purchase price of approximately $43 million, subject...

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Legislation to lower small business health care costs introduced

March 20, 2006

March 16, House Small Business Committee Chairman Don Manzullo (R-IL) joined Congresswoman Melissa Hart (R-PA) in introducing legislation to help the U.S.'s 25 million small business owners better...

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AK Steel announces carbon steel price increase, surcharges

March 20, 2006

AK Steel has announced that it is increasing spot market prices for its carbon steel products by $30 per ton for all new orders accepted for shipment May 1, 2006 and later.The company also has advised...

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Kennametal announces divestiture of J&L business unit

March 16, 2006

Kennametal Inc., a tooling, engineered components, and advanced materials supplier, announced today that it has signed a definitive agreement with MSC Industrial Direct Co., Inc. to sell its J&L...

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Prima North America names vice president, general manager

March 16, 2006

Prima North America, the North American subsidiary of Prima Industries S.p.A., Torino, Italy, a manufacturer of industrial laser systems, has announced the promotion of Terry VanderWert to senior vice...

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