Goldman Sachs starts MUSA at Neutral
Goldman Sachs has initiated coverage on recent IPO Metals USA Holdings Corp. (MUSA) with a Neutral rating and USD 18 price target. Vale and strikers ordered back to bargaining table
The Ontario Labour Relations Board has 'directed' both sides in the 10 month strike at Vale Inco back to the bargaining table. Electralloy price increase on stainless grades
Effective with Stainless Bar new order placements of 15 May 2010, for Electralloy’s “FIRM” Bar Program Pricing and 1 July 2010, shipments for “FLEX” Bar Program Pricing, the company will increase base prices on selected air melted and all remelted grade stainless approximately 2- 4%. Allied Fitting acquires Warren Alloy
GulfStar Group has announced that Warren Alloy Inc. has been acquired by Allied Fitting L.P. GulfStar served as exclusive financial advisor to Warren throughout the transaction. Prior to the transaction, Warren was a portfolio company of The CapStreet Group LLC. Daekyung Machinery supplys Canadian plant
South Korea's Daekyung Machinery & Engineering Co. has won a total of USD 10.8 million in orders to provide oil refinery equipment to plants in Canada and Turkmenistan. 
Vale SA will raise output at its Clydach nickel refinery in Wales to full capacity by 7 May 2010, taking semi-processed metal from a Canadian facility that has been hit by a labour strike. 
The Minor Metals Trade Association (MMTA) has announced that Earth Metals LLC of the US has applied to join their membership. 
LLOG Exploration Co. LLC, of Covington, Louisiana, US, has made several new hires, appointments, and promotions. 
A Pembroke court has fined Sandvik Canada Inc. USD 115,000 for a violation of the Ontario Occupational Health & Safety Act after a worker severely injured his hand at the company's Arnprior plant. 
A recent addition to the Roll-Kraft blog is an article on methods to use to identify and avoid the problems related to roll failure.