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Woman-Owned Stamper Earns Recognition

Tuesday, December 12, 2006
 
Universal Die & Stampings (UDS), Prairie du Sac, WI, has received four state and national awards from DiversityBusiness.com, a multicultural-business internet site. UDS was named 5th in the category of Top Women Owned Businesses in Wisconsin; 10th among the Top Diversity Owned Businesses in Wisconsin; and 16th among the Top Small Businesses in Wisconsin. It also placed in the Top 500 in the category Top Women Owned Businesses in America. The firm produces high-speed stampings such as transfer belts, electrodes, washers, motor laminations and clipper blades.

Mazak Optonics has New Southern Rep

Tuesday, December 12, 2006
 
Capital Machine Technologies, Tampa, FL, has been named exclusive distributor for Mazak Optonics Corp.’s line of laser-cutting machines in Florida, Georgia, Alabama, Mississippi, Tennessee, Louisiana, Arkansas, Oklahoma and Texas. Capital operates technology centers in Tampa, Atlanta, GA, and in Dallas and Houston, TX. Together with Mazak it will establish Regional Demonstration Centers in the Atlanta and Dallas showrooms.

Stainless Prices Remain High, as Hot-Rolled Prices Slip

Friday, December 08, 2006
 
An Associated Press article blames high import levels from China and Russia, slashed production by automakers and a housing-market slowdown for bulging inventories at steel wholesalers and service centers. The result, it says, was an average spot market price for hot-rolled steel sheet of around $565 per ton in November, a drop of around 6 percent from October prices. Inventory levels are at 3.6 months. Some steelmakers—Arcelor Mittal USA and U.S. Steel to name two—have cut production as a result of the high inventories, either by taking prolonged maintenance outages or by idling furnaces altogether. Steel analyst Michelle Applebaum, quoted in the article, expects the inventory issue to be resolved by February. Meanwhile, stainless-steel sheet prices, already at near-record high levels, may move even higher by January, due to skyrocketing nickel prices on the London Metal Exchange in October and November, according to MEPS Intl. However, thinking a bit longer term, MEPS expects nickel consumption as well as prices to decline through the first quarter of 2007, and sheet prices for stainless steel to trend downward as well.

 

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