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Hot Off the Press


May Steel Imports Steady, Prices Falling

Thursday, July 3, 2003
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reports that the United States imported 1.9 million net tons of steel in May, an increase of 2.9 percent over April . Through May, total steel imports are 10.1-million net tons, down 16.3 percent as compared to the same period last year. The May spot price for hot-rolled sheet dropped to $260 from a peak of $400 in July 2002, according to AISI, citing a report in Purchasing Magazine. The May spot price, reports AISI, is down 23 percent from the 21-year average of $339. The May spot price for cold-rolled sheet dropped to $380from a peak of $525 in July 2002, and is down 15 percent from the 21-year average of $449. For more, visit the AISI website at

Linear Establishes Turnkey Solutions Company

Wednesday, July 2, 2003
To assist metalforming companies with integration, project management and turnkey pressroom-automation solutions, Linear Transfer Systems Ltd., Barrie, Ontario, Canada, has formed a sister company, Integem Technologies Inc. Integem personnel will research and analyze potential suppliers, to identify the most suitable equipment needed to satisfy individual applications. Linear, a global supplier of servo-transfer systems and destack feeders, and Integem are divisions of Aurtas Intl.

Clips & Clamps Earns Supplier Award

Wednesday, July 2, 2003
Clips & Clamps Industries, Plymouth, MI, recently received a Supplier for the Year award, for 2002, from Bates, LLC, Lobelville, TN. The award recognizes the firm’s receipt of perfect scores in PPMs, delivery and service. Clips & Clamps has also received ISO 14001:1996 certification for its environmental management program. The firm produces metal stampings, wireforms and assemblies.


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