From AMMDaily Mon, Feb 08, 2010RSS

Snow day. Metal producers seemed largely unaffected by the weekend’s winter storm, but rail firms, distributors and warehouses warned of possible disruption to raw material shipments.

Metals firms brush off snow; distribution hit

The weekend’s “snowmageddon,” which dumped up to 3 feet of snow on the Midwest and East Coast, created power outages, staffing issues and logistical challenges for many metals companies, although most overcame them.

China blatantly violating US trade laws: JMC exec

China is blatantly skirting U.S. trade laws, in some cases as U.S. Customs officials watch the evasions happening “in front of their noses,” according to the top executive at John Maneely Co. (JMC).

West Coast market shuns tubing price hike

The West Coast market for structural steel tubing remains in limbo as the latest increase by mills east of the Rockies has yet to gain acceptance in the region.

‘Buy American’ trade deal gets lukewarm reception in Canada

The United States and Canada have reached a bilateral trade agreement that should permit Canadian companies to bid on projects that had been off limits because of the “Buy American” clause in the U.S. stimulus package.

Inclusion of Canada in ‘Buy American’ drawing cheers, jeers

Many U.S. industry players are applauding a decision that allows Canada to take part in the “Buy American” stipulation in the American Recovery and Reinvestment Act (ARRA), but behind the scenes some U.S. mills are unhappy with the decision.

Copper futures edging higher after downslide

After a week of steep declines, copper futures eked out a small gain Monday as a slightly weaker dollar buoyed prices.

Tin -5.89%
Zinc -4.30%
Lead -3.68%
Silver -2.97%
Gold -2.39%
Cobalt -1.04%
Copper -0.74%
Molybdenum +1.21%
Natural gas +1.80%
Ferrochrome +5.88%
From 02/05/2010
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