AMM Daily

Friday Apr 18 2014
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Steel RSS

  • Plate flat as import fears grip market; demand up

    Apr 18, 2014 | 02:00 PMMichael Cowden

    Plate prices have failed to gain momentum from a pickup in business activity, market sources said, in large part because mills and buyers were said to be on guard about a potential surge in imports.

  • Insteel expects favorable ruling in trade case

    Apr 18, 2014 | 01:04 PMThorsten Schier

    Insteel Industries Inc. expects a favorable ruling in the pending trade case against Chinese wire rod producers and sees no shortages in the U.S. rod market as a result, the company’s top executive said.

  • NW Pipe wins Texas water transmission order

    Apr 18, 2014 | 11:40 AMThorsten Schier

    Northwest Pipe Co. has won an order to provide water transmission pipe for section 15-1 of the Integrated Pipeline Project (IPL) in Texas.

Nonferrous RSS

  • Ferromanganese spot prices rise

    Apr 18, 2014 | 01:46 PMDaniel Fitzgerald

    Medium-carbon ferromanganese spot prices have risen, with reports of tightening supply boosting expectations of further price increases.

  • Ferroalloy contract offtake going strong

    Apr 18, 2014 | 01:40 PMDaniel Fitzgerald

    Ferroalloy contract offtake has remained strong so far in the second quarter, producers and traders said, with spot prices rising across the board as a result.

  • Midwest aluminum premiums inch up

    Apr 18, 2014 | 01:22 PMNathan Laliberte

    Midwest aluminum premiums inched up over the past week, with market participants claiming that rising demand and limited domestic supply will continue to support current premium levels in the near term.

Scrap RSS

  • Recleim wins loan for SC facility

    Apr 18, 2014 | 11:48 AMLisa Gordon

    Recleim LLC has received $20 million in financing under the New Markets Tax Credit program for its appliance and electronic waste recycling facility in Graniteville, S.C.

  • Asia scrap interest rallies, but prices hold

    Apr 17, 2014 | 05:56 PMSean Davidson

    Export prices for ferrous scrap shipped into several Asian markets was relatively steady this week as market participants worked to prepare positions for the summer.

  • Upstate Shredding deal falls through

    Apr 17, 2014 | 05:32 PMLisa Gordon

    Jack’s Recycling is back on the selling block after Upstate Shredding LLC-Ben Weitsman & Son Inc.’s bid to buy the Mount Morris, Pa., company fell through.

Supply Chain RSS

  • Weber press to boost aerospace titanium use

    Apr 17, 2014 | 05:31 PMFrank Haflich

    Weber Metals Inc. will build a new 60,000-ton aerospace forging press in California that will boost its titanium requirement and bring the company into the market for nickel-alloy forging inputs, president and chief executive officer J. Rick Creed confirmed.

  • Stainless shipments continue uptick: MSCI

    Apr 17, 2014 | 04:03 PMRey Mashayekhi

    North American shipments of stainless steel continued to improve last month, according to the latest Metals Service Center Institute (MSCI) data.

  • Lincoln Electric steel analyst Ron Breese dies

    Apr 16, 2014 | 12:03 PMThorsten Schier

    Ronald George Breese, corporate steel analyst at Lincoln Electric Co., passed away April 10 at the age of 68, the welding and cutting company said in a statement.

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