News

Filter Content

ISRI Convention celebrates 20 years

March 13, 2007

"Momentum" is the theme for the 2007 ISRI Convention and Exposition, the scrap recycling industry's biggest exhibits and networking event of the year. ISRI will celebrate its 20th annual convention...

Continue Reading

Strippit/LVD names sales manager, Canada

March 13, 2007

Strippit/LVD, a manufacturer of metal forming equipment, including turret punch presses, laser cutting machines, press brakes, shears, automated systems and programming software, has promoted Neil...

Continue Reading

NLMK-Duferco, Esmark to Acquire Winner Steel

March 13, 2007

Novolipetsk Steel (NLMK) and Duferco Group have announced that Duferco U.S. Investment Corp. and Esmark have formed a consortium to purchase the assets of Winner Steel, based in Pennsylvania....

Continue Reading

Kobe Steel's U.S. aluminum forging unit to increase production

March 13, 2007

Kobe Steel Ltd. has announced that its U.S. subsidiary, Kobe Aluminum Automotive Products, LLC (KAAP), will further increase production of aluminum forgings to meet the growing U.S. market for...

Continue Reading

Grainger donation to aid welder training

March 12, 2007

Grainger, a national supplier of facilities maintenance supplies to businesses, has donated $5,000 to the Hobart Institute of Welding Technology (HIWT), Troy, Ohio. The contribution will be used to...

Continue Reading

Fortunenames Alcan most admired metals company

March 8, 2007

Alcan has been named the industry champion for metals on Fortune Magazine's "America's Most Admired Companies" list in 2007, and is the only Canadian company to be included on the rankings. In terms...

Continue Reading

Toyota to build SUV plant in Mississippi

February 28, 2007

Toyota Motor Corp. has announced plans to build a new sport-utility vehicle plant dedicated to Highlander production in Blue Springs, Miss., just outside Tupelo.The 1,700-acre plant, the company's...

Continue Reading

HRB spot steel prices move up dramatically

February 28, 2007

SteelBenchmarker™reported that the U.S. hot-rolled band (HRB) spot price for Feb. 26 jumped 2.9 percent to $597 per ton, FOB the mill for the second consecutive rise. The world export HRB price...

Continue Reading

Commerce secretary lauds record exports in 2006

February 28, 2007

U.S. Commerce Secretary Carlos M. Gutierrez issued a statement Feb. 13 in New Delhi, India, praising American companies and workers for making 2006 a record year in exports."In 2006 American workers...

Continue Reading

Rolled Alloys opens new facility in China

February 27, 2007

Rolled Alloys has announced the opening of Rolled Alloys (Suzhou) Co. Ltd., which includes a new warehousing and processing facility in the Suzhou Industrial Park, Jiangsu Province, Peoples Republic...

Continue Reading

Durable goods orders drop helps spur stock selloff

February 27, 2007

Wall Street stock selling accelerated Tuesday afternoon because of falling markets in China and Europe and a steep decline in durable goods orders.Led by a significant drop in demand for commercial...

Continue Reading

AK Steel to move corporate headquarters

February 21, 2007

AK Steel Corp. has announced that it is moving its corporate headquarters into a new, technology-ready building totaling 136,000 square feet currently under construction at Centre Pointe in Union...

Continue Reading

Dofasco integration with Arcelor-Mittal to proceed

February 21, 2007

Dofasco President and CEO Jacques Chabanier has announced that since that the U.S. Department of Justice has required Arcelor-Mittal to divest its Sparrows Point facility, Dofasco's integration with...

Continue Reading

Metal forming companies expect spike in new orders, shipments

February 19, 2007

Metal forming companies expect a substantial spike in new orders and shipments during the next three months, according to the Feb. 1, 2007, Precision Metalforming Association (PMA) Business Conditions...

Continue Reading

Chrysler to cut employees, idle plant, eliminate shifts

February 14, 2007

DaimlerChrysler AG's Chrysler Group today announced a three-year Recovery and Transformation Plan that seeks a return to profitability by 2008, while also taking steps to change its business model for...

Continue Reading