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North America

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

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Minnesota Officials Urge White House to Act Quickly on Steel Dumping

23 December 2015 - Steel industry executives, legislators and laid-off union miners in Minnesota’s Iron Range told the White House chief of staff that quick and decisive action is needed to stop what they called the national steel-dumping crisis.

Cliffs Divests Remaining Met Coal Assets

23 December 2015 - Iron ore producer Cliffs Natural Resources Inc. has exited the coal business, closing on a deal to sell its remaining metallurgical coal mines, the company has announced.

Maker of Combustion Monitoring System Finds Footing in Steel Industry

22 December 2015 - Colorado-based Zolo Technologies has reached a new milestone, having installed more than 25 of its ZoloSCAN tunable diode laser absorption spectroscopy (TDLAS) systems on steel industry furnaces, the company has announced.

U.S. Steel Hits the Pause Button on Its New EAF

22 December 2015 - United States Steel Corporation is halting work on its new electric arc furnace (EAF), saying that the steel and energy markets are simply too weak to support the project.

Cascade Steel Upgrades Oregon Rolling Mill

21 December 2015 - Danieli has won a contract to modernize the finishing end of Cascade Steel Rolling Mill’s Oregon rebar facility, the company has announced.

U. S. Steel, Steelworkers Shake Hands On New Labor Deal

21 December 2015 - United States Steel Corporation and the United Steelworkers union have tentatively agreed to a new, three-year labor deal.

AK Steel, Steel Dynamics Expecting Low-Cost Imports to Weigh Down Fourth-Quarter Results

18 December 2015 - AK Steel Corp. said it expects to report a greater-than-anticipated net loss of between 33 cents and 38 cents per share in the fourth quarter, due in part to costs associated with idling its Kentucky blast furnace.

Cable Manufacturer Reaches Deal to Distribute Some Pfisterer Electrical Equipment

18 December 2015 - U.S.-based TPC Wire & Cable Corp. has formed a partnership with Germany's Pfisterer, giving TPC the ability to stock select Pfisterer products in the United States, the company has announced.

Weak Demand Forces Nucor To Halt Production at DRI Plant

17 December 2015 - Nucor Corp. is temporarily halting production at its direct reduced iron (DRI) plant in Louisiana due to market conditions, the U.S.-based steelmaker has announced.

Outokumpu Finalizes Divestment of Mexican Joint Venture

17 December 2015 - Stainless manufacturer Outokumpu has closed on a deal to sell its stake in its tubular joint venture in Mexico to partner F.E.R. Fischer Edelstahlrohre GmbH.

Overseas Cold Rolled Producers Benefiting From Unfair Subsidies, U.S. Commerce Department Rules

17 December 2015 - The U.S. Department of Commerce has preliminarily ruled that cold-rolled flat steel products from China, India, Brazil and Russia are benefiting from unfair government subsidies and set duties ranging from zero to 227.3 percent.

Nucor Awards Contract for Rod Mill Upgrades

17 December 2015 - Primetals Technologies has won a contract to upgrade coil handling equipment at Nucor Corp.'s Norfolk, Neb.,USA, coiled bar and wire rod mill, the company has announced.

Consolidated Systems Carves Up Processing Business

16 December 2015 - North America’s largest independent coil coater has acquired the coating and processing assets of Consolidated Systems Inc.’s Consolidated Metal Products unit.

ArcelorMittal Americas CEO Stepping Down in February

16 December 2015 - ArcelorMittal Americas CEO Lou Schorsch has announced that he will retire in February 2016, prompting the world’s largest steelmaker to reorganize its top management in the two continents.

AK Steel to Begin Winding Down Ashland Works

14 December 2015 - AK Steel Corp. is to begin sending home employees at its Ashland, Ky., USA, works Christmas week, according to the Dayton Daily News.

Union Reviewing New U. S. Steel Contract Proposal

14 December 2015 - Leaders of the United Steelworkers union are meeting in Pittsburgh, Pa., USA, this week to discuss a new comprehensive proposal from United States Steel Corporation.

U. S. Steel's Granite City Works To Close in Mid-February, Union Official Says

11 December 2015 - United States Steel Corporation will begin winding down its Granite City Works in Illinois later this month, with workers beginning to be sent home on 27 December, according to the Belleville News-Democrat newspaper.

High Imports and Low Prices Prompt Allegheny Technologies to Idle Two Mills

11 December 2015 - Citing the abundance of low-cost imports and depressed steel prices, stainless and specialty steel producer Allegheny Technologies Inc. is indefinitely idling two of its western Pennsylvania plants.

Canadian Ore Producer Delists Shares on OTCQX Exchange

10 December 2015 - Canada’s New Millenium Iron Corp. is voluntarily delisting its common shares on the OTCQX International exchange, the company has announced.

Window Screen Manufacturer Acquires New York Wire for US$8.8 Million

10 December 2015 - A mesh and screen manufacturer is acquiring the U.S. assets of bankrupt New York Wire in a cash deal, the company has announced.

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