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Domestic Steel Shipments, Prices Drop in December

Monday, February 18, 2002
 
Domestic steel-mill shipments totaled 99,448,000 net tons in 2001, down 8.8 percent from 2000, according to the American Iron and Steel Institute (AISI). Through December 2001, the capability-utilization rate was 75.6 percent, down from 84.4 percent in 2000. For December alone, mills shipped 6,872,000 net tons, a decrease of 9.1 percent as compared to December 2000 shipments. U.S. prices for hot- and cold-rolled sheet in December 2001 were down 11 and 14 percent, respectively, as compared to December 2000. AISI cited steel imports as the cause for slumping shipments and depressed prices. For more data, visit www.steel.org.

Website Formed for Turret-Punch-Press, Shear Parts

Monday, February 18, 2002
 
Automated Machinery, Inc., Cincinnati, OH, has launched a website to serve customers seeking replacement parts, retrofits, rebuilds, field service and technical support for turret punch presses and right-angle shears. In addition, the site, www.ami-service.com, offers information on AMI Borliner, AMI scheduled-maintenance programs and Recora Switchmats pressure-sensitive perimeter controls. Also offered through the website are new, obsolete and reconditioned control parts; a line of parts for table, turret and punching-mechanism rebuilds; clutch/brake parts; and workholder assemblies for Wiedemann, Amada and Strippit equipment. Automated Machinery offers maintenance, technical assistance, rebuilds, retrofits and parts for fabricating equipment.

Cold Metal Products Transfers CMI Division

Friday, February 15, 2002
 
Cold Metal Products, Pittsburgh, PA, has begun processing strip steel and rod-and-bar stock for its CMI division at the Cold Metal Products plant in Indianapolis, IN. This follows transfer of processing equipment to that location. CMI had been based in New Britain, CT, but that location was shuttered last year. A pivotal piece of equipment at the new CMI location is an 18-in. slitter. Previously CMI work was done on a 25-in. slitter at the Indianapolis plant. Also installed is an automatic band saw for cutting specialty electrical core iron rod and bar. Cold Metal Products provides a range of steel-strip products for precision-parts manufacturers.

 

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