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North America

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

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Newly Acquired Long Products Business Names Three to Executive Team

04 May 2016 - Black Diamond Capital Management, the private equity firm that acquired much of ArcelorMittal’s U.S. long carbon business earlier this year, is assembling its new executive team and has appointed industry veteran Robert Simon to its helm.

U. S. Steel Issuing Nearly US$1 Billion In New Bonds

03 May 2016 - United States Steel Corporation is nearly doubling the amount of new debt it plans to issue to repay maturing borrowings.

Canadian Pipe Mill Undertakes Short-Term Layoffs

03 May 2016 - Evraz North America is laying off 90 employees at its 24-inch pipe mill in Regina, Canada, and may send home 49 others at its mill in Calgary, reports the Regina Leader-Post newspaper.

Cliffs Natural Resources, Essar Steel Reach Settlement

29 Apr 2016 - Canada’s Essar Steel Algoma has settled its dispute with iron ore miner Cliffs Natural Resources over their pellet supply agreement, the steelmaker has announced

Commercial Metals Marks Start of Oklahoma Mill Construction

29 Apr 2016 - U.S.-based Commercial Metals Co. broke ground on its new micro-mill in Oklahoma on Friday, kicking off a project that will help the company expand into five states.

ArcelorMittal, Steelworkers Union Come to Terms on New Labor Agreement

29 Apr 2016 - The United Steelworkers union has reached a tentative, three-year labor agreement with ArcelorMittal USA, the union has announced.

Restructuring Costs, Production Disruptions Contribute to Allegheny Technologies' First-Quarter Loss

27 Apr 2016 - Specialty metals producer Allegheny Technologies Inc. posted a net loss of US$101.2 million due to the ongoing market downturn, restructuring costs and the disruption caused by its now-ended lockout of the United Steelworkers union.

Steel Manufacturers Association Announces Winners of Safety, Innovation Awards

27 Apr 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.

Losses Continue to Mount for United States Steel Corp.

26 Apr 2016 - United States Steel Corp. posted a first-quarter net loss of US$340 million on Tuesday and announced that it filed a Section 337 petition seeking to bar unfairly traded, Chinese-made steel products from entering the country.

Founder of EAF Supplier EMPCO Ltd. Dies at 85

26 Apr 2016 - Edgar R. Wunsche, an engineer who founded Ontario-based EMPCO Ltd. and an AIST Life Member, died Friday, 22 April 2016, at Toronto General Hospital in Canada. He was 85.

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