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

poster — Sat, 31 Jul 2010 10:45:52 +0000

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

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(AMM) Alcoa names Smith risk manager to replace Serio

poster — Sat, 31 Jul 2010 10:45:48 +0000

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

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(AMM) Knight to speak at LME dinner

poster — Sat, 31 Jul 2010 10:45:46 +0000

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.

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

poster — Sat, 31 Jul 2010 10:45:44 +0000

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.

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(AMM) Aluminum distributors welcome market uptick in July

poster — Sat, 31 Jul 2010 10:45:40 +0000

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.

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(AMM) Carpenter looking to grow via acquisition

poster — Sat, 31 Jul 2010 10:45:39 +0000

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.

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(AMM) Strike deadline looms at Essar Steel Algoma

poster — Sat, 31 Jul 2010 10:45:35 +0000

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.

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(AMM) Tonawanda Coke, environmental manager facing EPA indictment

poster — Sat, 31 Jul 2010 10:45:33 +0000

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

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

poster — Sat, 31 Jul 2010 10:45:30 +0000

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.

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

poster — Sat, 31 Jul 2010 10:45:28 +0000

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).

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