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North America

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

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Essar Algoma Seeks Wage Cut From Steelworkers Union

23 Jan 2017 - Canada’s Essar Steel Algoma, which continues to operate under creditor protection, might now headed toward a showdown with the United Steelworkers union.

Harsco Extends, Expands Role at Two Overseas Mills

23 Jan 2017 - Mill services contractor Harsco Corp. has signed agreements worth more than US$100 million to provide services to mills in China and Brazil, the company announced on Monday. 

Evraz Sees North American Production Fall in 2016

19 Jan 2017 - Weak demand for rail and tube, along with extended outages, led to a 24 percent decline in crude steel production at Evraz’s two North American mini-mills. 

Former U.S. Steel Executive Will Oversee Federal Reserve Bank

19 Jan 2017 - Retired U. S. Steel Corp. chairman and chief executive John P. Surma has been named chairman of the Federal Reserve Bank of Cleveland.

Ross: 'I Am Not Anti-Trade. But I Am Pro Sensible Trade.'

18 Jan 2017 - NAFTA ought to be change and that the U.S. should trade freely with countries that play by the rules while punishing those that don't, Commerce Secretary nominee Wilbur Ross said during a confirmation hearing Wednesday, reports The Washington Post. 

Great Lakes Iron Ore Shipments Increased in 2016

17 Jan 2017 - The Soo Locks, which are a vital link between Lake Superior and the other Great Lakes, have closed for annual maintenance, marking the end of the 2016 shipping season. And while overall cargo volumes were down, iron ore shipments increased 7.8 percent, reports the MLive news site. 

ArcelorMittal Wins Long-Term Supply Deal for Coke Byproduct

17 Jan 2017 - ArcelorMittal’s U.S. division has struck up long-term agreements to sell coal tar to Koppers Inc., a manufacturer of wood-treatment chemicals and carbon compounds.

TMK Forecasts Improving Conditions in 2017

16 Jan 2017 - Oil country tubular goods maker TMK said it expects the U.S. oil and gas market will continue to recover this year on the back of global rebalancing, spurring increased pipe consumption. 

Custom Refractory Linings Maker Expands Operation

16 Jan 2017 - U.S.-based ArmorMax Engineered Products, which sells custom ceramic fiber and refractory products, has opened a new manufacturing and repair facility in eastern Pennsylvania. 

Essar Minnesota Sues Parent for US$1 Billion and Hopes to Restart Project

13 Jan 2017 - The former Essar Steel Minnesota, which hopes to complete its half-finished taconite mine and pellet plant in Minnesota, has filed a lawsuit against parent Essar Global, alleging “a myriad of damaging actions” that helped starve it of cash, according to news reports.  

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