Armco Steel Co. said it will postpone...

Armco Steel Co. said it will postpone scheduled construction of a production facility in Middletown, Ohio, because of declining demand from U.S. auto makers . . . Retired Eastern Airlines pilots and non-contract workers agreed to extend their health insurance coverage for the rest of the year while talks continue on long-term benefits . . . Fries Entertainment Inc., Hollywood, confirmed that it has had preliminary talks with prospective buyers about business alliances and/or transactions . . . SFE Technologies reported that the Defense Logistics Agency has terminated debarment proceedings against the San Fernando-based company.