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Industry News

Food Beverage Industry thriving in Great lakes area

Instead of waiting for calls to come in to generate business, go to where the business is! Here’s an article from a company that tracks projects in a number of industries. This article outlines capital projects in the food and beverage industry about to kick off...

Crude oil export ban lifted in U.S.

The U.S. overturned its longstanding ban on crude-oil exports. It included an extension of tax credits to support renewable energy. Lifting the crude-oil export ban was a top priority for crude-oil producers and the U.S. Chamber of Commerce. There is some possibility...

Stainless scrap prices continue to drop

AMM reported that stainless scrap prices continued to fall this month. 316 scrap is down 2.1% versus October while 304 is down 3.3%. 400 series scrap down up to almost 10%. Weak demand continues as well as lower nickel prices (LME nickel down 12.8% over October)