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Sat, Nov 07, 2009

No way in. Preliminary duties of up to 99 percent could keep Chinese OCTG all but locked out of the U.S. market for some time. “This certainly protects the domestic industry,” one source said.

OCTG imports to fall as US duties imposed

by Maria Guzzo

The decision by the U.S. Commerce Department to issue preliminary anti-dumping duties on imports of oil country tubular goods (OCTG) from China could have a significant impact on the import market, sources said, though it might still be some time before domestic producers can think about ramping up output.

Aluminum premiums hit 3-year high in tight mart by Anne Riley

A tightening of the North American aluminum spot market has sent premiums to a more than three-year high.

Nucor loses fight as ITC says no to China, Taiwan fastener probe by Corinna Petry

Nucor Fastener expressed disappointment Friday over a U.S. International Trade Commission (ITC) decision to drop an investigation into imports of fasteners from China and Taiwan.

Former GM aluminum trader pleads guilty on two counts by Anne Riley

Former General Motors Corp. aluminum trader Daniel Bealko has pled guilty to a kickback scheme involving bulk aluminum sales that cost the automaker more than $80 million.

Globe asset sale could squeeze silicon by Tom Jennemann

Globe Speciality Metals Inc.’s deal to sell interests in two silicon metal plants to Dow Corning Corp. could tighten the spot market on both sides of the Atlantic, sources said.

Natural gas	-4.07%
Zinc	-0.67%
Tin	-0.32%
Aluminum	-0.18%
Copper	-0.17%
Nickel	-0.03%
Lead	+0.17%
Gold	+0.71%
Rhodium	+1.23%
Stainless 304 solid	+1.42%

From 11/06/2009

November 2009

AMM goes one-on-one with five women who are making a difference in metals

‘In this industry, gender clearly was a hindrance. I am surrounded by men. And you have to figure out how to be taken seriously. That isn’t always assumed.'

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