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North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Commerce Preliminarily Finds Subsidization of PC Wire Strand from China
28 October 2009 - The U.S. Department of Commerce announced on October 27 its affirmative preliminary determination in the countervailing duty investigation on imports of prestressed concrete steel wire strand from P.R. China.
Preliminary Steel Imports Increase 23% in September
28 October 2009 - The U.S. imported a total of 1,204,000 net tons of steel in September 2009, an increase of 23% compared to August final data, according to the latest report from the American Iron and Steel Institute.
AISI Urges USTR, Commerce to Address China Trade Concerns
27 October 2009 - AISI submits letter to United States Trade Representative Ron Kirk and Secretary of Commerce Gary Locke detailing concerns over China’s steel industry and its trade-related actions.
Allegheny Technologies Completes Acquisition of Crucible Powder Metals
27 October 2009 - Allegheny Technologies completes the purchase of the assets of Crucible Compaction Metals and Crucible Research for $40.95 million. The business has been renamed ATI Powder Metals.
World Crude Steel Production Still Down 16% Through YTD September 2009
26 October 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 107,030 million tonnes in September 2009 — 0.5% higher than the previous month (August 2009) but still 0.6% lower than September 2008.
Reliance Reports Profitable 3rd Quarter, Nine Month Results
23 October 2009 - For the 2009 third quarter, Reliance Steel & Aluminum Co. reports net income of $41.8 million, or $.57 per diluted share. For the 2009 second quarter, Reliance had a net loss of $5.8 million, or $0.08 per diluted share.
New Tenova Pipe Heat Treatment Furnaces for TenarisTamsa
23 October 2009 - TenarisTamsa and Tenova LOI Italimpianti sign a contract for one Austenitizing Furnace and one Tempering Furnace for pipes to be installed in the new pipe mill of TenarisTamsa Plant in Veracruz, Mexico.
OSHA Levies $82,500 Fine on Republic Engineered Products
23 October 2009 - The U.S. Department of Labor's Occupational Safety and Health Administration cites steel mill Republic Engineered Products in Lorain, Ohio, with one alleged willful and one alleged repeat citation of federal workplace safety and health standards.
Nucor Reports 3rd Quarter Results
23 October 2009 - Nucor reports a consolidated net loss of $29.5 million on consolidated net sales of $3.12 billion for the third quarter and a consolidated net loss of $352.5 million on consolidated net sales of $8.25 billion for the first nine months of 2009.
AISI Stresses that AHSS Can Help Auto Industry Meet Stringent Standards
22 October 2009 - Ron Krupitzer of AISI's Steel Market Development Institute and Jody Shaw of U.S. Steel address the EPA and the National Highway Traffic Safety Administration at a recent hearing on proposed rulemaking held in Romulus, Mich.
Allegheny Technologies Announces 3ird Quarter Results
22 October 2009 - Allegheny Technologies reports net income of $1.4 million on sales of $697.6 million for the third quarter, and a net loss of $6.1 million on sales of $2.24 billion for the nine months ended September 30, 2009.
Nucor CFO to Retire at Year-End
21 October 2009 - Nucor Chief Financial Officer Terry S. Lisenby announces plans to retire at the end of this year, after 24 years of service with Nucor.
Metals USA Reports 3rd Quarter 2009 Results
20 October 2009 - Metals USA Holdings reports a net loss of $1.8 million on sales revenues of $255.4 million for the third quarter and net income of $7.9 million on sales revenues of $853.4 million for the nine months ended September 30, 2009.
AISI Disappointed by Stance on China as Currency Manipulator
20 October 2009 - American Iron and Steel Institute President and CEO Thomas J. Gibson issues a statement reacting to the Obama Administration’s recent decision not to name China a currency manipulator in the Treasury Department’s semiannual report.
Steel Shipments, Inventories Increase at U.S., Canadian Metal Centers
20 October 2009 - Shipments of steel and aluminum from metals service centers in the U.S. and Canada rose slightly in September, as did steel inventories, according to the latest Metals Activity Report from the Metals Service Center Institute. Inventories of aluminum, however, continued to decline in both countries.
Steel Dynamics Reports Sharp Increase in Q3 Profitability
20 October 2009 - Steel Dynamics reports net income of $69 million on net sales of $1.2 billion for the third quarter, and a net loss of $35 million on net sales of $2.8 billion for the first nine months of 2009.
AK Steel Honors Women for Strength, Courage, Compassion, Leadership
19 October 2009 - The AK Steel Foundation is underwriting the inaugural Steel Magnolia Awards, which recognize eight women who have overcome obstacles to make a difference in others’ lives.
Timken and Union Agree on Proposed Contract
19 October 2009 - Timken and USW Local 1123 reach agreement on a new four-year contract covering associates at the company's facilities in Canton, Ohio.
Second Phase of Cleanup Underway at Former Gulf States Steel Site
16 October 2009 - EPA’s Superfund removal action at the Gulf States Steel Site recently entered into the second phase of cleanup.
Tube City IMS Receives 31 NSA Safety Awards
16 October 2009 - Tube City IMS sites receive 31 Safety Awards from the National Slag Association for 2008. The awards recognize superior performance as measured against OSHA recordable injury rates.
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