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HRB spot prices up in U.S., Western Europe, down elsewhere

March 2, 2011

The bi-monthly SteelBenchmarker™ United States HRB spot price for February 28 surged 3.9 percent to $932 per metric ton, FOB the mill, for the seventh consecutive increase. The Western European HRB price rose 1.6 percent to $815 per ton (on a Euro basis, it slipped 0.5 percent), ex-works, for the...

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Shale-Inland acquires Main Steel Polishing Company Inc.

March 1, 2011

Shale-Inland Chief Executive Officer and Chairman of the Board, Craig T. Bouchard, has announced Shale-Inland's acquisition of 100 percent of the stock of Main Steel Polishing Company Inc., which is based in Tinton Falls, New Jersey. The debt-free transaction provides Shale-Inland with a national...

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ISM February ROB: U.S. manufacturing sector continues strong performance

March 1, 2011

Economic activity in the manufacturing sector expanded in February for the 19th consecutive month, and the overall economy grew for the 21st consecutive month, said the nation's supply executives in the latest Manufacturing ISM Report On Business®. The report was issued March 1 by Norbert J. Ore,...

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Macsteel Service Centers USA acquires Steel Coil Services from U.S. Steel

March 1, 2011

Macsteel Service Centers USA has announced the acquisition of the assets and business of Steel Coil Services in Catoosa, Oklahoma, a subsidiary of United States Steel Corp. Michael Hoffman, President & CEO, Macsteel Service Centers USA said, "We are excited at the prospect of adding to our...

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Mazak Optonics announces Automated Recovery Seminar for Western region

February 28, 2011

Increasing laser-cutting capacity without the burden of added manpower is the driving theme behind the Automated Recovery Seminars presented by Mazak Optonics Corp. As part of its 2011 Spring seminar schedule, the company will conduct an Automated Recovery Seminar in Anaheim, California, on March...

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Samuel, Son & Co. closes Kentucky plant

February 28, 2011

Samuel, Son & Co. Ltd., parent company of Associated Tube Group, has announced plans to close its only remaining U.S. stainless steel tube manufacturing facility, located in Elizabethtown, Ky., by June 30. The closing will eliminate 48 jobs. The company maintains facilities in Markham, Ont.,...

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Ohio Rod Products announces promotions

February 28, 2011

Elgin Fastener Group, Versailles, Ind., has promoted two members of its Ohio Rod Products division. Joe Johannigman has been named accounting manager. He has been with the company six years, previously serving as systems administrator. He oversees all Ohio Rod accounting functions. Mike Hughes...

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Merfish Pipe & Supply hires general manager/vice president

February 28, 2011

Merfish Pipe & Supply, Houston, has announced the appointment of Robert Setzekorn as general manager/vice president. In this position, he provides leadership for several key functional areas of the company, reporting to the owners. Setzekorn has more than 28 years of experience in the building...

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Nanshan America to build aluminum extrusion plant in Indiana

February 28, 2011

Nanshan America Co. Ltd., Chicago, has announced plans to construct an aluminum extrusion plant in Lafayette, Ind. The new plant, to be named Nanshan America Advanced Aluminum Technologies, is expected to create more than 200 new jobs in the next two to three years. It represents a $100 million...

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Seconn Fabrication opens Solar Fabricators

February 28, 2011

Seconn Fabrication has established Solar Fabricators, located down the street from Seconn headquarters in Waterford, Conn. The new company is designed to cater to small, local businesses; inventors; and entrepreneurs. It is equipped with facility upgrades, new equipment, and a staff of experienced...

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Joining Technologies, Fraunhofer partner to manufacture laser additives

February 28, 2011

Joining Technologies, East Granby, Conn., a developer of laser cladding, electron beam welding, and laser welding technology, has launched a new laser additive manufacturing division and entered into a formal cooperation agreement with Fraunhofer Institute for Laser Technology (ILT), resulting in a...

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Aircraft bookings boost durable goods orders in January; excluding transportation, orders show largest decline in two years

February 24, 2011

New orders for manufactured durable goods in January increased $5.3 billion or 2.7 percent to $200.5 billion, the U.S. Census Bureau announced today. This increase followed three consecutive monthly decreases including a 0.4 percent December decrease. Excluding transportation, new orders decreased...

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RIA to present Engelberger Awards

February 22, 2011

The Engelberger Robotics Award, the industry's highest honor, will be presented to Åke Lindqvist and Henrik Christensen during a dinner ceremony on March 22 in Chicago. Each recipient will be presented a commemorative medallion and a $5,000 honorarium. The award, sponsored by Robotic Industries...

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Michigan Seamless Tube changes name, announces staff changes

February 22, 2011

Michigan Seamless Tube, South Lyon, Mich., has changed its name to MST Seamless Tube & Pipe and has launched a renovated Web site to coincide with its new name, logo, and tagline. The Web site, at www.mstube.com, features simplified navigation and a comprehensive overview of products and...

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Ownership group purchases Precision Metal Processing 2005

February 22, 2011

A new ownership group has purchased the assets of Precision Metal Processing 2005 Inc., Cambridge, Ont., and opened the slitting toll processor under the new entity of Superior Metal Processing. The new company focuses on toll processing work in the Canadian market, with an interest in expanding...

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