Alcoa earnings hit by declining metal prices
Alcoa, the world’s largest aluminum producer, said on Monday third-quarter net profit dropped 38 percent from the previous quarter, confirming earlier warnings of a squeeze between rising energy costs and falling metals prices.
Austin Looking Good For New $3.5 Billion Samsung Plant
There’s a buzz in the business world today that the Samsung electronics company has zeroed in on where to locate a new $3.5 billion dollar chip plant. And the winner could be Austin. Samsung already has a strong presence in Northeast Austin and has plenty of land for possible expansion. A spokesman for Samsung Austin … Continue reading “Austin Looking Good For New $3.5 Billion Samsung Plant”
Year-to-Date Steel Imports Down
Steel-consuming companies should be concerned by the 14-percent decline in imports of hot- and cold-rolled steel for 2005 compared to 2004 YTD figures, “especially since service-center inventories are now at or below normal levels,” says PMA President William E. Gaskin. Add in the possible boost in demand from hurricane-rebuilding efforts and the result could be … Continue reading “Year-to-Date Steel Imports Down”
Copper Rises to a Record, Heads for Third Weekly Gain in London
Oct. 7 (Bloomberg) — Copper rose to a record in London, heading for its third consecutive weekly gain, as smelter closures and dwindling stockpiles curbed supplies of the metal used to make wiring and plumbing. Glencore International AG’s Mufulira smelter in Zambia closed Oct. 3 because of a shortage of fuel. On Oct. 2, Asarco … Continue reading “Copper Rises to a Record, Heads for Third Weekly Gain in London”
Manufacturing Sector Expands in September
Manufacturing Sector Expands Despite Impact of Katrina; Construction Spending Hits New High By EILEEN ALT POWELL AP Business Writer The Associated Press NEW YORK Oct 3, 2005 — The nation’s manufacturing activity expanded strongly in September, lifted by a surge in new orders that allowed the industrial sector to at least temporarily shake off the … Continue reading “Manufacturing Sector Expands in September”
Hydrogen gas deficit may affect steel firms
Fort Wayne Journal Gazette Sep 3, 2005 Fort Wayne-based Steel Dynamics Inc. announced Friday that it is no longer accepting orders for some steel products that require the use of hydrogen gas. Supplies of hydrogen gas have been hit by killer Katrina. Air Products Corp., one of the primary suppliers of hydrogen gas to the … Continue reading “Hydrogen gas deficit may affect steel firms”
EVS Metal is a full service precision sheet metal fabricator specializing in contract manufacturing. We serve the electronic, computer, telecommunications, audio and medical industries. We offer high tech solutions from design to fabrication, including finishing, assembly and packaging.Conveniently located in Riverdale, New Jersey near routes 287, 23 and 80 and in Pflugerville, Texas near route … Continue reading “EVS Metal”
Precision Sheet Metal is a site dedicated to sheet metal manufacturing published by the staff of EVS Metal. In the future, articles will deal with all aspects associated with this subject. Subjects will range from raw material to full custom integration.