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North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Hanwha Ocean to Contribute up to US$250 Million to Algoma Steel For New Facility, Canadian Steel
29 January 2026 - Shipbuilding and submarine manufacturer Hanwha Ocean announced it has signed a memorandum of understanding (MOU) with Algoma Steel Inc. to contribute up to US$250 million between the potential development of a structural steel beam mill and the purchase of steel for its products.
Tariffs, End-Market Shifts Fuel Global Metals Industry’s Expansion Into the U.S.
28 January 2026 - Experts estimate there will be rising momentum in 2026 for global metals industry companies to invest or expand into the U.S. using mergers and acquisitions, reported Manufacturing Dive.
Nucor's Newest Sheet Mill in Final Year of Construction
28 January 2026 - Construction of Nucor’s West Virginia sheet mill remains on pace for year-end completion, Nucor chairman and chief executive officer Leon Topalian said on Tuesday.
Millett: SDI Would Maximize Value of BlueScope’s North American Business
28 January 2026 - Steel Dynamics Inc. (SDI)’s offer to buy BlueScope Steel’s North American business was not an opportunistic attempt to gobble up assets on the cheap, but rather an honest and sincere proposal to unlock value and grow the operation, SDI chairman Mark Millett has said.
Alton Steel Announces Closure as Industry Pressures Mount
28 January 2026 - Alton Steel Inc. has confirmed plans to end operations after almost 25 years of steel production, reported the Illinois Business Journal.
Mutares Acquires Greer Steel Co.
22 January 2026 - Mutares SE & Co. KGaA announced it has acquired Greer Steel Co., a cold-rolled strip steel provider based in Dover, Ohio, USA.
GSCC Announces Record: 12 Nucor Mills Receive Certification for Green Hot-Rolled Steel Products
21 January 2026 - The Global Steel Climate Council (GSCC) announced it has certified hot-rolled steel products from a record-breaking 12 Nucor Corp. mills under the Steel Climate Standard.
Worthington Steel to Purchase Kloeckner & Co. for US$2.4 Billion
16 January 2026 - Worthington Steel announced it has entered into a business combination agreement to purchase German service center and processing company Kloeckner & Co. for US$2.4 billion.
Tenaris Restarts Heat Treatment, Finishing Operations
15 January 2026 - Tenaris announced today that the OCTG heat treatment and finishing operations at its Koppel, Pa., USA, plant are being restarted.
Algoma Steel Shuts Down Cokemaking, Looks to Green Steel Future
15 January 2026 - As Algoma Steel nears completion of its switch to electric arc furnace steelmaking, the Canadian producer has shut down its coke plant, reported SooToday.
Taylor-Winfield Technologies Purchases George A. Mitchell Company
14 January 2026 - Taylor-Winfield Technologies Inc. announced its successful acquisition of the George A. Mitchell Company.
RINGSPANN to Produce AGMA Standard Gear Couplings
13 January 2026 - RINGSPANN Corp., North American producer of power transmission solutions and exclusive licensee of RINGSPANN GmbH products, announced it will begin full-scale production of gear couplings at its facilities in Franklin Park, Ill., USA, and Oconto Falls, Wis., USA.
All Assets of ISB Acquired by Wintriss Controls Group
13 January 2026 - Wintriss Controls Group LLC announced it has acquired all assets of ISB in Montreal, Que., Canada, as of 1 October 2025, forming a new company named Wintriss Controls Group ULC, DBA Wintriss ISB.
U. S. Steel Board Approves Funding for US$350 Million Gary Works Project, Advances Other Projects
08 January 2026 - United States Steel Corporation's board of directors has approved funding for a US$350 million blast furnace reline at its Gary Works.
U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property
08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.
SMS group Tapped to Supply Haynes With Hydraulic Radial Forging Line
06 January 2026 - Indiana-based subsidiary of the Acerinox Group and part of North American Stainless, Haynes International Inc., has tapped SMS group to deliver a hydraulic radial forging line.
Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers
06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.
BlueScope Confirms Receipt of Bid to Acquire All Shares
05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.
POSCO to Invest US$582 Million in Hyundai Steel’s Louisiana Steel Mill
17 December 2025 - POSCO will invest US$582 million for a 20% stake in Hyundai Steel’s new electric arc furnace plant in Louisiana, according to GMK Center.
SSAB Americas Appoints New Leadership
16 December 2025 - SSAB Americas announced Tom Cox will succeed Chuck Schmitt as its head and become a member of the SSAB Group executive committee, effective 1 February 2026.
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