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CFOs conservatively hopeful about '05 economy

March 16, 2005

Financial executives appear to be cautious, yet hopeful, in their outlook for the economy, a new nationwide survey suggests. When chief financial officers (CFOs) were asked their opinion on the health...

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Metals exec asks for manufacturing base support

March 16, 2005

A specialty metals executive today emphasized the need for the implementation of public policies that support a strong U.S. manufacturing base, according to testimony presented today on behalf of the...

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Survey finds healthy U.S. job picture through June

March 15, 2005

The strong hiring activity that U.S. employers predicted for the first three months of the year is expected to continue into the second quarter, according to the seasonally adjusted results of the...

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Alcan completes Aluminium de Grece transaction

March 15, 2005

Alcan Inc. announced today that it has completed the sale of its controlling interest in Aluminium de Grece (AdG) to Mytilineos Holdings S.A. and certain affiliated companies (Mytilineos). An...

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Timken to increase aerospace specialty steel prices

March 15, 2005

Timken Latrobe Steel, a subsidiary of The Timken Company, announced it is increasing prices by 5 to 10 percent on all remelted aerospace alloys and air melt stainless steel grades. The price change is...

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AK Steel announces April surcharges

March 15, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $230 per ton surcharge will be added to invoices for products shipped in April 2005, an increase of $16 from March's surcharge of...

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UWM wins design competition

March 14, 2005

A team of architectural students from the University of Wisconsin–Milwaukee (UWM) won the top prize in the design competition at the 93rd Annual Meeting of the Association of Collegiate Schools...

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Wheeling-Pittsburgh announces hot strip mill project

March 14, 2005

Wheeling-Pittsburgh Steel Corp. today announced it will add automatic roll changers at its 80-in. hot strip mill. The $14.5 million project, expected to be completed in the fourth quarter of 2005,...

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China poised to impact global automotive industry

March 14, 2005

China's automotive industry is poised to have a major impact on the global automotive market, providing it can resolve some critical issues, according to a new Ernst & Young report, "China's...

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CITAC applauds bill to end "Byrd Amendment"

March 11, 2005

Members of the Consuming Industries Trade Action Coalition (CITAC) applauded Reps. Jim Ramstad (R-MN) and Clay Shaw (R-FL) for their introduction March 3 of HR 1121 that would repeal the "Continued...

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Record imports boost January trade deficit

March 11, 2005

A surge in imports of consumer products and automobiles pushed the U.S. trade deficit to $58.3 billion in January—the second highest on record—the Commerce Department said today. The...

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Nucor praises SIMA extension

March 10, 2005

Nucor Corp. praised the President and U.S. Commerce Secretary Gutierrez for extending and expanding the Steel Import Monitoring and Analysis (SIMA) system."We're pleased that the President fulfilled...

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U.S. Steel, ISG hail SIMA extension

March 10, 2005

United States Steel Corp. (U.S. Steel) and International Steel Group (ISG) welcomed the news that the Steel Import Monitoring and Analysis (SIMA) system will be extended and soon expanded to cover a...

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CFOs predict 13 percent capital spending increase

March 10, 2005

According to the first quarter "CFO Outlook Survey," conducted by Financial Executives International and Baruch College's Zicklin School of Business, CFOs are forecasting a 13 percent increase in...

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Are your weld procedure specifications relevant?

March 8, 2005

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In fabrication shops that require code or standard compliance, welding sometimes isn't completed within the guidelines of the qualified weld procedure. Weld inspectors often must review finished products that don't make the intended customer happy. Inspectors typically try to answer the following...

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