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North America

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

Latest News

Essar Steel 'Confident' It Can Finish New Iron Ore Mine, Pellet Plant

12 April 2016 - Essar Steel Minnesota chief executive Madhu Vuppuluri said he and the company are “optimistic” that they’ll raise the rest of the money needed to finish building a new taconite mine and processing facility in northern Minnesota, according to the Duluth News Tribune newspaper.

Steel of West Virginia Awarded Specialty Manufacturing Certification

08 April 2016 - Maritime standards maker Lloyds Register has certified Steel of West Virginia Inc. as a producer of steel “bulb flats,” a specialty product used in shipbuilding, the company has announced.

Midrex Names New President, COO

08 April 2016 - Midrex Technologies Inc. veteran Stephen Montague has been named president and chief operating officer, the company has announced.

U. S. Steel Is Letting Go of One-Fourth of its Nonunion Workforce in U.S.

06 April 2016 - United States Steel Corporation is cutting 25 percent of its nonunion payroll in the U.S., the steelmaker has confirmed.

Nucor Plans Upgrades to Alabama Sheet Mill

05 April 2016 - Nucor Corp. is spending approximately US$4.4 million to upgrade the pickling line at its Decatur, Ala., sheet mill, according to reports.

'Several' Bids Made for Essar Steel Algoma

04 April 2016 - Canada’s Essar Steel Algoma said it is entering the second phase of its sales process with “several” preliminary bids on the table.

AK Steel Wins Safety Honors from Ohio Workers' Compensation Bureau

04 April 2016 - The state of Ohio has recognized AK Steel Corp.’s Zanesville Works for its safety performance during the previous 13 years, the company has announced.

Voestalpine Signs Another Customer for its Texas HBI

04 April 2016 - Voestalpine has found another taker for the hot briquetted iron it will be producing at its new direct reduction plant in Texas.

Could Two of Canada's Biggest Steelmakers Join Forces? Possibly, Newspaper Says

01 April 2016 - Preliminary bids are due today, 1 April, from investors interested in Essar Steel Algoma, a Canadian plate and sheet producer that entered creditor protection last year.

ArcelorMittal Idles Indiana Hot Strip Mill

01 April 2016 - In the latest of it capacity-cutting efforts, ArcelorMittal has shut down the 84-inch hot strip mill at its Indiana Harbor facility in Indiana, a union official tells The Times newspaper of northwest Indiana.

Steel Technologies Expands Footprint, Announces New Tennessee Facility

31 March 2016 - Flat rolled processor Steel Technologies LLC plans to invest US$18 million in a new facility housing a slitting line and a 1,000-ton blanking press, the company has announced.

Tubemaker Snags Record OCTG Order

30 March 2016 - French tubemaker Vallourec has won an order for nearly 100,000 tons of oil country tubular goods (OCTG) from Abu Dhabi National Oil Co., Vallourec has announced.

Nine Years and Billions of Dollars Later, Tata Steel Calls it Quits in the United Kingdom

30 March 2016 - After spending billions to buy Anglo-Dutch steelmaker Corus in 2007, and then losing millions more on the investment, India’s Tata Steel has announced plans to sell its U.K. business, leaving thousands of jobs at risk.

Steel Industry Vets Investing Nearly US$37 Million in North America's 'Most Advanced' Cold Finished Bar Mill

29 March 2016 - A start-up company has selected Valparaiso, Ind., as the home of what it says will be North America’s most advanced cold drawn bar mill and plans to begin operations in 2017.

Commercial Metals' Second-Quarter Sales Drop, But Profits Increase

28 March 2016 - U.S. recycler and long products producer Commercial Metals Co. saw its second-quarter profits increase despite a decline in sales, the company reported.

Further Investigation into Stainless Imports from China Warranted, U.S. Trade Commission Rules

28 March 2016 - The U.S. International Trade Commission has issued a preliminary ruling in a trade case involving stainless steel sheet and strip from China, saying that it appears overseas producers are undercutting prices and have harmed the U.S. industry.

Builder of Unfinished Taconite Facility Looks to Restructure Millions in Debt

28 March 2016 - Essar Steel Minnesota, the company building Minnesota’s first new taconite facility in years, owes approximately US$1 billion and has hired advisers to help it restructure its debt, reports the Reuters news service.

What's in a Name? For This Business, Its Purpose

28 March 2016 - Nalco, an Illinois-based water and process services business, has changed its name to Nalco Water, the company has announced.

Investment Firm Acquiring ArcelorMittal Long Products Facilities (Updated)

24 March 2016 - ArcelorMittal is selling three of its U.S. long products mills to a private investment firm for an undisclosed amount, the company has announced.

AISI: Steel Industry is in Critical Time

23 March 2016 - Leaders at the American Iron and Steel Institute have called upon the U.S. government to vigorously enforce its trade laws and to deny China market economy status as a member of the World Trade Organization.

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