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North America

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

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Essar Steel Minnesota Mineral Leases in Jeopardy

06 July 2016 - Essar Steel Minnesota has missed a deadline to reimburse the state of Minnesota US$66 million in incentives related to its stalled taconite mining project and now could lose its public mineral leases, reports the Minneapolis Star Tribune.

Nucor Awards US$900M Material Handling Contract

06 July 2016 - Kinder Morgan Inc. has signed a US$900 million agreement to provide bulk material handling services at five Nucor Corp. facilities, the company has announced.

German Authorities Search Auto Manufacturers' Offices in Steel-Price Collusion Investigation

05 July 2016 - German antitrust regulators have opened an investigation into whether the country’s leading automakers and two of the world’s biggest parts suppliers were fixing prices for the steel they bought, according to reports.

SMS Company Tapped to Upgrade HDGL Line at Alabama Plant

01 July 2016 - SMS group’s Drever International has won a contract for upgrades to a steel finishing plant in Alabama, the company has announced.

Illinois Pipemaker Adopts a New Name

01 July 2016 - Chicago-based pipe and tube maker JMC Steel Group Inc. has changed its name to Zekelman Industries Inc., the company has announced.

Electric Metal Makers Guild Names New President, Officers

01 July 2016 - Tom Kantor, the general manager of primary operations at Carpenter Technology Corp.’s Latrobe, Pa., facility, has been named president of the Electric Metal Makers Guild.

Steelworkers Union Calls for More Action on Unfair Steel Trading

01 July 2016 - The United Steelworkers union said that while it welcomes a commitment to coordinating trade enforcement efforts throughout North America as a means to curbing the world’s excess steel capacity, more aggressive action is needed.

Steel Dynamics Expands SBQ Finishing Capabilities Through US$126M Deal

30 June 2016 - U.S.-based Steel Dynamics Inc. is acquiring America’s largest maker of threaded rod for US$126 million, the company announced on Thursday.

Report: USSC Rejects Essar Global Offer, Two Remain in the Running

28 June 2016 - Essar Global, which last month was disqualified to bid on Canada’s Essar Steel Algoma, reportedly has been dropped as a U.S. Steel Canada suitor as well, according to The Hamilton Spectator newspaper.

Workers Return to Idled U.S. Steel Corp. Mill

28 June 2016 - Steadily improving market condtions have allowed United States Steel Corp. to recall most of the laid-off employees at its East Chicago tin mill in northwest Indiana, reports The Times newspaper.

U.S. Trade Commission Upholds Duties on Corrosion-Resistant Steel

27 June 2016 - The U.S. International Trade Commission has affirmed that domestic producers are being harmed by imports of corrosion-resistant steel from five countries, including China.

Steelworkers Accept Three-Year Labor Agreement with ArcelorMittal

23 June 2016 - The United Steelworkers union has ratified a three-year labor deal with ArcelorMittal USA, the union announced on Thursday.

U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds

22 June 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.

U.S. Steel Canada, Essar Algoma Mills Won't Shut in Proposed Merger, Says Investment Firm

22 June 2016 - The investment firm planning to buy Canada’s Essar Steel Algoma has confirmed that it also is bidding on U.S. Steel Canada and intends to merge the two steelmakers, reports The (Toronto) Globe and Mail newspaper.

Nippon Steel Marks Start of Construction on U.S. Processing Plant

22 June 2016 - Nippon Steel & Sumitomo Metal Corp. has broken ground on a US$50 million wire rod processing plant in the state of Indiana.

U. S. Steel Investigating Incident at Edgar Thomson Plant

21 June 2016 - Firefighters were summoned to a fire at United States Steel Corp.’s Edgar Thomson plant on Monday evening, according to reports.

Report: Investment Firm Hopes to Merge the former Stelco, Essar Steel Algoma

20 June 2016 - A New York-based private equity firm has plans to acquire two ailing Canadian steelmakers and merge the businesses, reports The Hamilton Spectator newspaper.

Essar Steel Algoma Accepts Sale Bid From Investment Firm, Lenders

17 June 2016 - A consortium made up of an American private equity firm and a group of lenders has reached an agreement to acquire Essar Steel Algoma, the Canadian steelmaker announced on Friday.

New Texas Tube Mill Commissions Processing Facilities

17 June 2016 - OCTG maker Axis Pipe and Tube has started up a heat treatment facility and pipe threading line at its new mill in Texas.

Columbus Castings to be Put on Auction Block in July

16 June 2016 - Constellation Enterprises LLC, the bankrupt parent of Ohio-based Columbus Castings, is planning to sell the business through an auction after a proposed private sale was called off, reports the Columbus (Ohio) Business First newspaper.

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