Metals
Auto, Steel Workers Split Over S. Korea Trade Pact
October 14, 2011 5:30 am | by Kathy Barks Hoffman, Associated Press | News | CommentsThe pact will increase exports, but could also help S. Korean businesses undercut American ones, leaving workers leery.
Alcoa's 3Q Finances Disappoint
October 12, 2011 5:57 am | by David Koenig, AP Business Writer | News | CommentsAlcoa got the earnings season off to a disappointing start with a third-quarter net income that fell far short of expectations.
Calif. Limestone Quarry Reopens After 3 Killed
October 11, 2011 5:28 am | News | CommentsPolice say Shareef Allman opened fire on co-workers at the quarry last Wednesday, killing three people and wounding six others.
Miner Shot Dead In Indonesian Strike Violence
October 10, 2011 5:40 am | News | CommentsSeven people were also injured Monday in a clash between police and thousands of striking workers, who want a 25 wage hike.
Commercial Metals To Cut 1,500 Jobs
October 7, 2011 8:03 am | News | CommentsThe Irving, Texas company said the downturn in construction is forcing the closure of nearly 10 facilities nationwide.
Mine Plans Pit Jobs Against Environment
October 6, 2011 5:15 am | by Todd Richmond, Associated Press | News | CommentsProject in Wisconsin could bring hundreds of jobs, but it could also transform the pristine landscape into a noisy, deep-pitted, potentially polluted eyesore.
AK Steel Forms Iron Ore Joint Venture
October 5, 2011 5:24 am | News | CommentsAK Steel said it has acquired a coal company for $36 million and, separately, it has formed a joint venture to produce iron ore concentrate.
Philippine Communist Rebels Raid Mining Companies
October 3, 2011 8:15 am | by Teresa Cerojano, Associated Press | News | CommentsMore than 200 heavily armed communist rebels stormed three mining companies as a "show of force" in the 42-year-old rebellion.
Toshiba Forms Joint Venture For Rare Metals
September 29, 2011 5:16 am | News | CommentsToshiba Corp. has established a joint venture for rare metals with JSC NAC Kazatomprom, Kazakhstan's state-owned company for nuclear-related business.
Jewelers Want States To Drop Cadmium Limits
September 27, 2011 8:51 am | by Justin Pritchard, Associated Press | News | CommentsThe U.S jewelry industry is saying stricter rules against the toxic metal in several states creates chaos for manufacturers and importers.
Jewelry Industry To Self-Regulate On Toxic Cadmium
September 26, 2011 5:51 am | by Justin Pritchard, Associated Press | News | CommentsThe CPSC will allow jewelry makers and importers to adhere to voluntary standards, but still has the power to enforce recalls.
Ex-W.Va. Miner Sentenced For Fake Credentials
September 22, 2011 9:17 am | News | CommentsA former Massey Energy employee was sentenced to 10 months in prison for faking a foreman's license and lying to federal authorities.
Honeywell To Boost Copper, Tin Refining Capacity
September 16, 2011 5:40 am | News | CommentsElectronic materials division will more than double its refining and casting capacity for high-purity copper and tin to meet rising demand from semiconductor industry.
Alcoa To Add 150 Jobs At Iowa Plant
September 16, 2011 4:40 am | by Michael J. Crumb, Associated Press | News | CommentsAlcoa will invest $300 million to expand and add 150 jobs to its Davenport plant to meet the growing demand from the automotive industry.
Canada Balks At 'Buy American' Jobs Provisions
September 15, 2011 5:59 am | by Rob Gillies, Associated Press | News | CommentsObama's proposed $447 billion package states that all "iron, steel, and manufactured goods" used in public works be supplied by American firms.
U.S. Steel Converting Vehicles To Run On Natural Gas
September 9, 2011 5:07 am | News | CommentsThe steelmaker saves 61 cents for every mile driven using natural gas instead of gasoline or diesel fuel, according to U.S. Steel CEO John P. Surma.
Alcoa Plant To Close Without Lower Power Rate
September 8, 2011 5:14 am | by Bruce Smith, Associated Press | News | CommentsAluminum smelting plant in South Carolina consumes $4 million a week in power and will close at a loss of more than 600 jobs if it can't negotiate a lower rate.
Macarthur Coal Backs Bid From Peabody, ArcelorMittal
August 30, 2011 5:31 am | News | CommentsMacarthur's board had previously rejected a $5.12 billion joint bid from St. Louis-based Peabody and steelmaker ArcelorMittal.
Chavez Formalizes Nationalization Of Gold Industry
August 24, 2011 5:43 am | News | CommentsThe decree hopes to give the Venezuelan government total control over the gold produced, and gives them the power to evict wildcat miners from illegal mines.
Indiana Steals Manufacturer Away From Illinois
August 23, 2011 9:46 am | News | CommentsOfficials of Blue Island, Ill.-based Modern Forge cited a "positive business environment" for choosing to move its foundries across state lines.
U.S. Steel, Minnesota Reach Pollution Deal
August 22, 2011 5:14 am | News | CommentsDeal permits U.S. Steel to expand production at one Iron Range plant while capturing polluted wastewater at another, state officials said.
Universal Stainless Completes Patriot Purchase
August 22, 2011 5:07 am | News | CommentsCompany completes purchase of Patriot Special Metals, including a state-of-the-art forge and other equipment for heat treating and finishing metal products.
BlueScope Steel To Cut 1,000 Jobs
August 22, 2011 4:25 am | News | CommentsAustralia's largest steel maker will shut two production facilities and cut 1,000 jobs as part of a restructure aimed at turning around a $1.09 billion annual loss.
Energy Dept.: Copper Thefts On The Rise
August 19, 2011 6:20 am | by Matthew Daly, Associated Press | News | CommentsWith copper prices at a near record, thieves across the country have been stealing copper wiring from power lines, construction sites and warehouses.
Gold Reaches Yet Another Record High
August 18, 2011 8:00 am | News | CommentsGold prices have more than doubled since the recession began in the winter of 2007, and are up about 19 percent since the beginning of June.
