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CITAC cheers Byrd Amendment repeal by Congress

February 2, 2006

In a statement released Feb. 1, the Consuming Industries Trade Action Coalition (CITAC) cheered Congress approving the repeal of the Continued Dumping and Subsidy Offset Act, commonly known as the...

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Manufacturing productivity up; overall productivity down

February 2, 2006

The Bureau of Labor Statistics of the U.S. Department of Labor today reported preliminary productivity data—as measured by output per hour of all persons—for the fourth quarter and for the...

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New study shows no link between welding and Parkinson's

February 2, 2006

The Welding Information Center today announced that a new epidemiological study published in the February 2006 issue of Occupational and Environmental Medicineconcluded that no link exists between...

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USW blasts State of the Union address

February 1, 2006

The United Steelworkers (USW) assailed President Bush's January 31 State of the Union speech as "an exercise in Alice in Wonderland rhetoric.""If everything's going so great, why are millions of...

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ArvinMeritor appoints vice president/treasurer

February 1, 2006

ArvinMeritor, Inc. has appointed Mary Lehmann as vice president and treasurer. Lehmann also will serve as a company officer.In her new position, Lehmann is responsible for the company's global capital...

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Diebold to sell Sumter, S.C., manufacturing facility

January 31, 2006

Diebold Inc. has reached an agreement to sell its Sumter, S.C.-based manufacturing plant to Porter's Fabrications, a current supplier to Diebold. Porter's Fabrications specializes in metal fabrication...

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Steel prices predicted to remain high

January 31, 2006

Rising steel prices have caused pain for many U.S. industries and significant relief is not on the horizon, Roland Berger Strategy Consultants said today.Since 2003 steel prices have climbed by more...

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Story behind the Pittsburgh Steelers logo

January 30, 2006

The Pittsburgh Steelers three-star logo is a familiar symbol. Displayed on the right side of each player's helmet, the logo symbolizes the strength of the Steelers and the Steel City the team...

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AK Steel increases prices for stainless steel products

January 26, 2006

AK Steel has announced that it is increasing transaction prices for all cold-rolled stainless sheet and strip products by approximately 3 percent, effective with shipments on February 19, 2006. The...

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Durable goods orders reach all-time high

January 26, 2006

New orders for manufactured durable goods in December increased $2.8 billion or 1.3 percent to $228.1 billion, the U.S. Census Bureau announced today. This was at the highest level since the series...

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Mass layoffs up in December

January 25, 2006

In December 2005 employers took 1,308 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the...

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Reliance Steel & Aluminum to acquire Earle M. Jorgensen Co.

January 24, 2006

Reliance Steel & Aluminum Co. ("Reliance") and Earle M. Jorgensen Company ("EMJ") have announced a definitive merger agreement in which Reliance will acquire EMJ. The transaction is expected to be...

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DaimlerChrysler management restructuring to cut 6,000

January 24, 2006

DaimlerChrysler today introduced a new management model intended to further integrate the company's functions, focus operations on core processes, and encourage internal collaboration. The plan also...

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Olympic Steel, U.S. Steel to close OLP joint venture

January 23, 2006

Olympic Steel Inc., a national steel service center, and United States Steel Corp. jointly announced plans to close their Olympic Laser Processing (OLP) joint venture facility in Detroit. OLP...

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Ford to idle 14 plants

January 23, 2006

The Ford Motor Co. today announced its "Way Forward" restructuring plan designed to help the company reverse its $1.6 billion loss in 2005 and prepare its North American business for global...

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