by Joseph S. Pete, Northwest Indiana Times, March 30, 2016 Lake freighters can again haul iron ore from Minnesota’s Iron Range to Northwest Indiana’s steel mills after the Soo Locks in Michigan reopened for the season. “When it comes to first pour steel, this country’s stronghold is the Great Lakes basin,” said Vanta Coda, executive…
Read more »by Mark O’Hara, Market Realist, March 28, 2016 Steel importsUS steel companies filed a series of trade cases last year to stem the flow of imported steel products into the United States. State support to steel mills in countries such as China and India has been cited often as a reason US steel companies are finding…
Read more »by Joseph S. Pete, Northwest Indiana Times, March 22, 2016 ArcelorMittal USA plate was used to make the USS Illinois submarine, a 377-foot-long vessel that can travel at more than 25 knots while submerged. The $2.7 billion Virginia-class submarine, which weighs 7,835 tons, was commissioned in December and can be used against submarines, surface ships…
Read more »Posted by the Duluth News Tribune, March 21, 2016 First came the engine department and kitchen crews reporting for duty about 10 days ago. A few days later came the conveyor and deck crews. Now, it’s time for the 2016-17 Great Lakes shipping campaign to get underway. The first two of several ships wintering in…
Read more »By Todd Spangler, Detroit Free Press, March 16, 2016 A U.S. Department of Homeland Security report indicates a six-month shutdown of the Poe Lock in Sault Ste. Marie, Mich., if one occurred, would plunge the nation into recession, closing factories and mines, halting auto and appliance production in the U.S. for most of a year…
Read more »by Bernie Woodall, Reuters, March 1, 2016 U.S. February auto sales soared to a 15-year high for the month, carmakers reported on Tuesday, in the latest sign of continued consumer confidence. Auto sales last month rose about 7 percent, helped by low gasoline prices, available and low-interest credit and higher wages. WardsAuto said February sales…
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