Steel News

North America

All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.

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Steelworkers Accept Three-Year Labor Agreement with ArcelorMittal

23 Jun 2016 - The United Steelworkers union has ratified a three-year labor deal with ArcelorMittal USA, the union announced on Thursday.

U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds

22 Jun 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.

U.S. Steel Canada, Essar Algoma Mills Won't Shut in Proposed Merger, Says Investment Firm

22 Jun 2016 - The investment firm planning to buy Canada’s Essar Steel Algoma has confirmed that it also is bidding on U.S. Steel Canada and intends to merge the two steelmakers, reports The (Toronto) Globe and Mail newspaper.

Nippon Steel Marks Start of Construction on U.S. Processing Plant

22 Jun 2016 - Nippon Steel & Sumitomo Metal Corp. has broken ground on a US$50 million wire rod processing plant in the state of Indiana.

U. S. Steel Investigating Incident at Edgar Thomson Plant

21 Jun 2016 - Firefighters were summoned to a fire at United States Steel Corp.’s Edgar Thomson plant on Monday evening, according to reports.

Report: Investment Firm Hopes to Merge the former Stelco, Essar Steel Algoma

20 Jun 2016 - A New York-based private equity firm has plans to acquire two ailing Canadian steelmakers and merge the businesses, reports The Hamilton Spectator newspaper.

Essar Steel Algoma Accepts Sale Bid From Investment Firm, Lenders

17 Jun 2016 - A consortium made up of an American private equity firm and a group of lenders has reached an agreement to acquire Essar Steel Algoma, the Canadian steelmaker announced on Friday.

New Texas Tube Mill Commissions Processing Facilities

17 Jun 2016 - OCTG maker Axis Pipe and Tube has started up a heat treatment facility and pipe threading line at its new mill in Texas.

Columbus Castings to be Put on Auction Block in July

16 Jun 2016 - Constellation Enterprises LLC, the bankrupt parent of Ohio-based Columbus Castings, is planning to sell the business through an auction after a proposed private sale was called off, reports the Columbus (Ohio) Business First newspaper.

Two Potential Buyers Said to Have Bids on U. S. Steel Canada

15 Jun 2016 - A private equity firm and an industrial conglomerate have entered the final stage of bidding for U. S. Steel Canada, which is operating under creditor protection as it seeks a buyer, reports The Hamilton Spectator newspaper.

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