Archive for category News

(AMM) Zinc scrap exports jump to 19-month high

A Chinese buying binge spurred U.S. zinc scrap exports in May to their highest level in 19 months.

Read More on this…

No Comments

(AMM) Alcoa names Smith risk manager to replace Serio

Alcoa Inc. has appointed Adam Smith director of metal risk management, AMM understands.

Read More on this…

No Comments

(AMM) Knight to speak at LME dinner

The London Metal Exchange has named Angela Knight, chief executive officer of the British Bankers’ Association, as the guest speaker for its annual dinner in October, the cornerstone event of LME Week, according to a notice to members sent out Friday.

Read More on this…

No Comments

(AMM) Brush narrows sales outlook despite stronger 2d quarter

Brush Engineered Materials Inc. has narrowed its sales outlook for the full year, even as it reported higher second-quarter sales across all business segments.

Read More on this…

No Comments

(AMM) Aluminum distributors welcome market uptick in July

July has proven to be a stronger month for the aluminum distribution sector than market participants had originally feared, with many service centers reporting stable sales volumes in the traditionally sluggish month and some even calling July the best month in recent history.

Read More on this…

No Comments

(AMM) Carpenter looking to grow via acquisition

William A. Wulfsohn took over as president and chief executive officer of Carpenter Technology Corp. on July 1, and in less than a month he has developed a clear vision for the future of the company-clear even though the outlook for some of its markets remains a bit cloudy.

Read More on this…

No Comments

(AMM) Strike deadline looms at Essar Steel Algoma

Essar Steel Algoma Inc. and United Steelworkers union Local 2724 were girding for a strike late Friday, even as workers were voting on the company?s latest contract proposal.

Read More on this…

No Comments

(AMM) Tonawanda Coke, environmental manager facing EPA indictment

Tonawanda Coke Corp., Tonawanda, N.Y., and one of its managers are facing a 20-count federal indictment related to alleged environmental violations.

Read More on this…

No Comments

(AMM) Pa., Ohio labor deals clear path for PTC Alliance sale

PTC Alliance Corp. workers at plants in Pennsylvania and Ohio have ratified new labor deals, clearing the way for the company to emerge from bankruptcy protection and complete a sale to Black Diamond Capital Management LLC.

Read More on this…

No Comments

(AMM) Steel Caucus writes to White House on SDCO concerns

Members of the Congressional Steel Caucus have written a letter to President Obama, requesting a White House investigation into the proposed investment by a Chinese company into Steel Development Co. LLC (SDCO).

Read More on this…

No Comments

(AMM) Carpenter looking to grow via acquisition

William A. Wulfsohn took over as president and chief executive officer of Carpenter Technology Corp. on July 1, and in less than a month he has developed a clear vision for the future of the company-clear even though the outlook for some of its markets remains a bit cloudy.

Read More on this…

No Comments

(AMM) Portland officials parcel out land intended for scrapyards

Officials in Portland, Maine, have parceled out the remaining acreage of a site bought several years ago as part their efforts to move two small scrapyards from an inner-city locale slated for commercial redevelopment.

Read More on this…

No Comments

Alcoa names Smith risk manager to replace Serio

Alcoa Inc. has appointed Adam Smith director of metal risk management, AMM understands.

Read More on this…

No Comments

Strike deadline looms at Essar Steel Algoma

Essar Steel Algoma Inc. and United Steelworkers union Local 2724 were girding for a strike late Friday, even as workers were voting on the company?s latest contract proposal.

Read More on this…

No Comments

(AMM) Mele expanding aluminum foil recycling in Connecticut

Connecticut Metal Industries, which recycles aluminum foil and other packaging, is more than doubling its 20,000 square feet of space in Ansonia, Conn.

Read More on this…

No Comments

Knight to speak at LME dinner

The London Metal Exchange has named Angela Knight, chief executive officer of the British Bankers? Association, as the guest speaker for its annual dinner in October, the cornerstone event of LME Week, according to a notice to members sent out Friday.

Read More on this…

No Comments

Tonawanda Coke, environmental manager facing EPA indictment

Tonawanda Coke Corp., Tonawanda, N.Y., and one of its managers are facing a 20-count federal indictment related to alleged environmental violations.

Read More on this…

No Comments

Brush narrows sales outlook despite stronger 2d quarter

Brush Engineered Materials Inc. has narrowed its sales outlook for the full year, even as it reported higher second-quarter sales across all business segments.

Read More on this…

No Comments

Aluminum distributors welcome market uptick in July

July has proven to be a stronger month for the aluminum distribution sector than market participants had originally feared, with many service centers reporting stable sales volumes in the traditionally sluggish month and some even calling July the best month in recent history.

Read More on this…

No Comments

Pa., Ohio labor deals clear path for PTC Alliance sale

PTC Alliance Corp. workers at plants in Pennsylvania and Ohio have ratified new labor deals, clearing the way for the company to emerge from bankruptcy protection and complete a sale to Black Diamond Capital Management LLC.

Read More on this…

No Comments

Recommended Websites: