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The ability to strengthen and develop the U.S. manufacturing base could be hampered by the high costs of regulations. That was one conclusion drawn from a recent study commissioned by the National Association of Manufacturers.

Universal Stainless & Alloy Products Inc., has named Christopher M. Zimmer the new president and CEO, effective Nov. 1. He succeeds Dennis M. Oates, who will become the newly established executive chairman.

The aerospace industry is flying high with strength in all sectors.

The UAW has reached a tentative agreement on a new contract with General Motors, potentially bringing to close the 40-plus day strike against the Big 3 automakers. The tentative agreement follows similar deals with Ford and Stellantis.

The UAW has followed up its tentative agreement with Ford with a similar deal with Stellantis. The strike remains in place against General Motors.

Inventories have been worked off throughout the aluminum space. Will demand force distributors to restock?

Reliance Steel & Aluminum Co. reported net sales of $3.6 billion in the third quarter, a decline of 6.6 percent from the same period in 2022. For the year to date, sales for North America’s largest service center company were down 14.56 percent to 11.5 billion.

World crude steel production for the 63 countries reporting to worldsteel totaled 149.3 million metric tons in September, a 1.5 percent decrease compared with the same month last year.

The U.S. imported 2.2 million net tons of steel in August, a decline of 4.1 percent compared with the prior month, the American Iron and Steel Institute reported. Finished steel imports showed an even bigger decline, falling 15.1 percent to 1.6 million tons compared with August.

President Joe Biden welcomed European Commission President Ursula von der Leyen and European Council President Charles Michel for a trade discussion that focused heavily on steel.