North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
ALJ Reports 1st Quarter Results for Kentucky Electric
17 January 2008 - ALJ, the parent of Kentucky Electric Steel, posts revenue of $37.4 million for the three months ended December 31, 2007.
AK Steel to Increase Carbon Steel Prices
17 January 2008 - AK Steel will increase spot market prices for all new carbon steel product orders accepted for shipment on March 1, 2008 and later.
Tube City IMS Achieves ISO 9001:2000 Certification at Granite City Operation
17 January 2008 - Tube City IMS receives ISO 9001:2000 Quality Management System certification for its Granite City, Ill., operation from Steel Related Industries Quality System Registrar, Inc.
Steelworkers Ratify Landmark Agreement with Canadian National Railway
17 January 2008 - Members of USW Local 2004 ratify a four-year labor agreement with the Canadian National Railway that includes a number of noteworthy benefits.
Nucor Breaks Strip-Casting Record with Castrip Process
16 January 2008 - Nucor sets a new record for sequence casting -- 24 ladles of steel, cast continuously, over a 38-hour period -- at the world's first commercial Castrip-based strip-casting facility for plain-carbon steel sheet.
PTC Alliance Investments Support Changing Customer Needs
15 January 2008 - Following its February 2006 acquisition of Pennsylvania Cold Drawn, PTC Alliance has invested approximately $7 million to establish a dedicated components facility in Beaver Falls, Pa.; the facility is intended to serve the tubular component needs of the hydraulic cylinder market.
Industry Group Promotes the Growing Recyclability of Cars
15 January 2008 - U.S. automakers are bringing an educational message to consumers at this year's North American International Auto Show through the United States Council for Automotive Research LLC's Vehicle Recycling Partnership LLC.
Mesabi Trust Declares Distribution
14 January 2008 - Trustees of Mesabi Trust have declared a distribution of fifty-one and one-half cents per Unit of Beneficial Interest payable on February 20, 2008, a twenty cents per Unit increase compared to the year-ago quarter.
Severstal NA Halts Production at Blast Furnace Pending Investigation
14 January 2008 - Severstal North America confirms that it has halted production at Blast Furnace B, its smaller blast furnace, as a result of a January 5 accident at that facility.
GE Provides Facility for NLMK-Duferco Acquisition of Winner Steel
11 January 2008 - GE Commercial Finance Corporate Lending provides a $115-million asset-based credit facility to a joint venture between Novolipetsk Steel (NLMK) and Duferco Group for their acquisition of Winner Steel, now operating as Sharon Coating.
Steel Import Totals Still High Through the End of 2007
11 January 2008 - Steel import applications totaled 2,107,000 net tons for the month of December 2007, for a projected full-year steel import total of 33.3 million net tons that is 4% higher than 2005 import totals.
Nucor, Duferco to Form Joint Venture to Produce, Distribute Beams
11 January 2008 - Nucor signs Memorandum of Understanding with the Duferco Group to establish a 50/50 joint venture for the production of beams in Italy and the distribution of beams in Europe and North Africa.
AK Steel Announces Carbon Steel Price Increase
10 January 2008 - AK Steel will increase spot market prices by an additional $50 per ton for its carbon steel products for new orders accepted for shipment on February 1, 2008 and later.
Severstal North America Announces New Chief Operating Officer
10 January 2008 - Severstal North America names Thomas J. Cera to the position of Chief Operating Officer, replacing Jim Hrusovsky, who was recently appointed CEO of Columbus, Miss., based SeverCorr.
Canadian Tribunal Issues Orders on Hot-Rolled Plate from Three Countries
10 January 2008 - Canada will continue its antidumping duties on hot rolled carbon steel plate from P.R. China, but will eliminate antidumping duties on the same product from the Republic of South Africa and the Russian Federation, following an expiry review of its January 2003 orders on these products.
Northwest Pipe Announces Casings Contract
09 January 2008 - Northwest Pipe is awarded an approximately $30-million contract to manufacture tubing for steel casings that will be used for centrifuge machines in USEC's American Centrifuge Plant in Piketon, Ohio.
North American Galvanizing & Coatings Opens Tulsa Technical Center
09 January 2008 - North American Galvanizing & Coatings officially opens a new Technical Center in Tulsa that will house the company’s expanding Engineering Department.
ITC to Revoke Duties on Stainless Steel Bar from Five Countries
09 January 2008 - Based on its Sunset Review findings, the U.S. International Trade Commission will revoke existing orders on stainless steel bar from France, Germany, Italy, Korea, and the United Kingdom.
Esmark Announces New Management for Core Business Segments
09 January 2008 - As it aligns management responsibilities with its two business segments—Mill Operations and Downstream Operations—Esmark announces several executive appointments that take effect immediately.
AK Steel Recognized for 2007 Stock Performance
08 January 2008 - CNNMoney.com names AK Steel Holding as one of the ten best performing Fortune 500 stocks for 2007, noting the company’s "solid 174% increase in stock performance" in 2007.
