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North America

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

Latest News

SDI Looks for New Paint Line to Start in Early 2017; Wins Quality Certification for Premium Rail

19 July 2016 - Construction of a new paint line at Steel Dynamics Inc.’s Columbus, Miss., plant is on budget and on schedule, chief executive Mark Millet said on Tuesday.

U.S. Commerce Department Affirms Structural Tubing Duties

19 July 2016 - The U.S. Commerce Department has signed off on anti-dumping duties on carbon structural tubing from three countries.

Report: Overseas Bidder Looking at U.S. Steel Canada, Essar Algoma

18 July 2016 - A metals trading firm that seems to have lost out on its bid to acquire all of Tata Steel’s U.K. business is turning its attention to overseas targets, reports The (London) Financial Times.

Improving Flat Rolled Market Lifts Profits at Steel Dynamics

18 July 2016 - Steel Dynamics Inc. saw its second-quarter profits more than double due in part to improving conditions in the flat rolled sector, the company said on Monday.

Tenaris to Open Canadian Service Center By Year's End

18 July 2016 - Oil country tubular goods manufacturer Tenaris plans to open a service center in Alberta, Canada, late this year in support of oil and gas drillers operating in the Duvernay and Montney shales, the company has announced.

Rotek Expands Seamless Ring Capacity

18 July 2016 - Thyssenkrupp’s Rotek Inc. said the installation of a new ring mill at its Aurora, Ohio, plant is on schedule and expects to put it into service on 1 September.

Essar Minnesota Names New Chief Executive

15 July 2016 - Essar Steel Minnesota has named a new chief executive to help guide the company through Chapter 11 bankruptcy and to help it complete its US$1.9 billion taconite mine and pellet plant, reports the Minneapolis Star Tribune.

Sullivan Steel Given Exclusive Distribution Rights to Three Specialty Stainless Grades

15 July 2016 - New Jersey-based Sullivan Steel, a niche stainless distributor serving the bearings industry, has signed an agreement to be the exclusive North American distributor for three premium steels made by France’s Aubert & Duval, the company has announced.

NAFTA Panel Mostly Rejects Mexican Challenge to U.S. Duty Order on Rebar

14 July 2016 - A North American Free Trade Agreement review panel has generally upheld a finding that U.S. producers had been harmed by unfairly traded Mexican rebar exports.

Investment Firm Drops Plan to Acquire Canadian Steelmakers

14 July 2016 - A New York-based private equity firm has backed out of a deal to buy Canada’s Essar Steel Algoma and reportedly has dropped a separate bid for another major Canadian steelmaker, U. S. Steel Canada.

Bull Moose Invests in Additional Sprinkler Pipe Capacity

13 July 2016 - Bull Moose Tube Co. is expanding its sprinkler pipe manufacturing capabilities, announcing that it will be adding assets from two newly acquired mills to its facilities in Georgia and Arizona.

Northwest Pipe to Curtail Water Pipe Capacity, Announces Plant Closure

13 July 2016 - Washington-based Northwest Pipe Co. is closing its Denver, Colo., facility in an effort to reduce its steel water pipe production capacity, the company has announced.

Steelworkers Union Rebuffs Would-Be Acquirer of Essar Algoma, Backs Competing Offer

12 July 2016 - The United Steelworkers union said it will not support Essar Steel Algoma’s tentative sale to a private equity firm and instead is pushing for an alternate deal, one with the steelmaker’s former owner.

Essar Minnesota Still Plans to Complete Minnesota Taconite Mine

12 July 2016 - Essar Steel Minnesota, which last week lost the public mineral leases related to the taconite mine and processing plant it has been building and filed for Chapter 11 bankruptcy, isn’t throwing in the towel.

Forecast: Basic Oxygen Furnaces May Lose More Ground to Their Electric Counterparts

11 July 2016 - The American steel industry’s energy consumption likely will decline over the next 25 years, and steelmaking will tip even more toward electric arc furnaces, according to a long-range forecast from the U.S. Energy Information Administration.

Tenaris Announces Job Cuts at Arkansas Mill

11 July 2016 - Oil country tubular goods maker Tenaris is laying off approximately 100 people at its welded pipe mill in Arkansas, the company has announced.

Essar Steel Minnesota Loses Mineral Leases, Files for Bankruptcy

08 July 2016 - Essar Steel Minnesota, which had been building Minnesota’s first new taconite facility in years, filed for Chapter 11 bankruptcy on Friday, according to reports.

Acquisition Adds Couplings, U-Joints to Timken Co.'s Product Lineup

08 July 2016 - The Timken Co. has acquired family-owned Lovejoy Inc., a maker of industrial couplings and universal joints, for US$66 million, Timken has announced.

Royal Tractor Sold to Wisconsin Manufacturer

08 July 2016 - Royal Tractor Co. Inc., a Kansas-based manufacturer of materials handling equipment, has been sold for an undisclosed amount.

A Few Key Investments Allowed TimkenSteel's Return to High-Pressure Tubing Market, Company Says

07 July 2016 - TimkenSteel, which is re-entering the market for a type of high-pressure tubing necessary to make a plastic, says the move was made possible by a few key investments over the last 10 years.

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