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North America

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

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Nucor, SDI Say Lower Steel Prices Likely to Weigh on Q3 Profits

18 Sep 2019 - Steel Dynamics Inc. and Nucor Corp. are forecasting lower third-quarter profits on account of declining steel prices.

Stelco Cuts the Ribbon on CA$30 Million Batch Anneal Plant

17 Sep 2019 - Stelco on Monday marked the opening of its new CA$30 million batch anneal facility, a project that has expanded the range of cold-rolled products the Canadian steelmaker is able to offer.

New Caster Planned for Nucor Bar Mill

17 Sep 2019 - Nucor Corp. has unveiled plans to invest an additional US$40 million in it is Kankakee bar mill in Illinois, where it already is installing a new merchant bar mill.

Timken to Acquire BEKA Lubrication

17 Sep 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.

Triple-S Steel Buys Shamrock Steel to Expand Customer Base

12 Sep 2019 - Houston-based structural steel supplier and fabricator Triple-S Steel Holdings Inc. has acquired the assets of Shamrock Steel Sales for an undisclosed amount.

Danieli to Supply New Quench and Self-Temper Line to Nucor Bar Mill

12 Sep 2019 - Danieli will be installing a new quenching and self-tempering system at Nucor Steel’s Marion, Ohio, USA, facility, the supplier reports.

O’Neal Industries Acquires Tubing Manufacturer

11 Sep 2019 - Service center operator and components maker O’Neal Industries Inc., has acquired the assets of a specialty tube maker for an undisclosed amount.

This Building Has No Rebar. But It Has Plenty of Steel. 

10 Sep 2019 - A newly constructed 58-floor skyscraper in Seattle has been completed using a unique core wall system with no conventional rebar, reports the trade publication Concrete Products. 

Autumn Will Be a Busy Season — For Maintenance Outages

09 Sep 2019 - Most of the biggest U.S. flat-rolled producers have maintenance outages planned for the remainder of the year, removing between 630,000 and 700,000 tons of capacity from service, reports commodities news and pricing serivce S&P Global Platts.

Nucor CEO John Ferriola Announces December Retirement

06 Sep 2019 - Nucor Corp. chairman and chief executive officer (CEO) John Ferriola will retire at the end of this year and will be succeeded by executive vice president Leon J. Topalian, the company announced Friday.

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