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North America

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

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U. S. Steel Corp. Moving Non-Union Employees To Defined Contribution Retirement Plans

24 Aug 2015 - United States Steel Corp. is freezing pension benefits for non-union employees and intends to move them onto a 401(k) plan, the Pittsburgh Business Times reports.

Canam Group Wins Record Order For Structural Steel Components

24 Aug 2015 - The bridge division of structural steel fabricator Canam Group Inc. has been awarded its largest contract ever, a CAD$225 million order to supply the superstructure for the approaches to a new Canadian bridge, the company has announced.

Firms Buy Up Bankrupt Lee Steel Assets

21 Aug 2015 - A private equity firm with a portfolio of metals service centers has acquired bankrupt Lee Steel Corp., the firm has announced.

Steel Processor Pushes Back Plant Closure

21 Aug 2015 - Cold-finished steel bar manufacturer Niagara LaSalle Corp. has postponed the closure of its Buffalo, N.Y., USA, facility until the end of August.

Obituary: John D. Correnti

21 Aug 2015 - John David Correnti, age 68 of Blytheville, passed from this life Tuesday, August 18, 2015 in Chicago, Illinois.

Big River Steel Names New Chairman, CEO

20 Aug 2015 - Big River Steel, the new company building a US$1.3 billion mill in Arkansas, has named a new board chairman and appointed a new CEO following the sudden death of founder John Correnti, who held both of those positions. It also has named a new board director, the company has announced.

Judge Declines To Carve Out Objections To U. S. Steel Debt Claims In Creditor Protection Case

20 Aug 2015 - United States Steel Corp.'s Canadian operation, U. S. Steel Canada, has been under creditor protection since September 2014. Its largest creditor? U. S. Steel, which says it is owed more than US$2.2 billion.

Funeral Arrangements Set For Big River Steel CEO John Correnti

20 Aug 2015 - Funeral arrangements for Big River Steel CEO John Correnti, who died suddenly on 18 August, have been announced.

UAE's Emirates Steel Wins Rebar Order for Power Plant Project

19 Aug 2015 - Rebar and structurals producer Emirates Steel is among the companies that are sharing in Dh9.15 billion worth of construction contracts for the United Arab Emirates' first nuclear power plant, according to The National newspaper.

Steel Industry Veteran Executive John Correnti Dies Suddenly

19 Aug 2015 - Steel industry leader and visionary John Correnti, who was instrumental in establishing several new steel mills in the U.S., died suddenly in Chicago on 18 August. He was 68.

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