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North America

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

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Steelworkers Taking ATI To Court Over Canceled Insurance Benefits

31 August 2015 - The United Steelworkers union is suing a unit of Allegheny Technologies Inc. (ATI), accusing it of violating a labor agreement by prematurely terminating insurance benefits for 95 office and technical employees.

Low Prices Drive Down Essar Steel Algoma's First-Quarter Earnings

28 August 2015 - Essar Steel Algoma Inc. posted a CAD$28.9 million operating loss in the first quarter of its fiscal year on account of low prices, the Canadian steelmaker reported.

Leeco Steel Preparing To Open New Midwest Distribution Center

28 August 2015 - Plate distributor Leeco Steel LLC expects to open a new center in South Dakota, USA, in October, according to the Sioux Falls Business Journal.

U. S. Steel Corp. Moving Non-Union Employees To Defined Contribution Retirement Plans

24 August 2015 - United States Steel Corp. is freezing pension benefits for non-union employees and intends to move them onto a 401(k) plan, the Pittsburgh Business Times reports.

Canam Group Wins Record Order For Structural Steel Components

24 August 2015 - The bridge division of structural steel fabricator Canam Group Inc. has been awarded its largest contract ever, a CAD$225 million order to supply the superstructure for the approaches to a new Canadian bridge, the company has announced.

Firms Buy Up Bankrupt Lee Steel Assets

21 August 2015 - A private equity firm with a portfolio of metals service centers has acquired bankrupt Lee Steel Corp., the firm has announced.

Steel Processor Pushes Back Plant Closure

21 August 2015 - Cold-finished steel bar manufacturer Niagara LaSalle Corp. has postponed the closure of its Buffalo, N.Y., USA, facility until the end of August.

Obituary: John D. Correnti

21 August 2015 - John David Correnti, age 68 of Blytheville, passed from this life Tuesday, August 18, 2015 in Chicago, Illinois.

Big River Steel Names New Chairman, CEO

20 August 2015 - Big River Steel, the new company building a US$1.3 billion mill in Arkansas, has named a new board chairman and appointed a new CEO following the sudden death of founder John Correnti, who held both of those positions. It also has named a new board director, the company has announced.

Judge Declines To Carve Out Objections To U. S. Steel Debt Claims In Creditor Protection Case

20 August 2015 - United States Steel Corp.'s Canadian operation, U. S. Steel Canada, has been under creditor protection since September 2014. Its largest creditor? U. S. Steel, which says it is owed more than US$2.2 billion.

Funeral Arrangements Set For Big River Steel CEO John Correnti

20 August 2015 - Funeral arrangements for Big River Steel CEO John Correnti, who died suddenly on 18 August, have been announced.

UAE's Emirates Steel Wins Rebar Order for Power Plant Project

19 August 2015 - Rebar and structurals producer Emirates Steel is among the companies that are sharing in Dh9.15 billion worth of construction contracts for the United Arab Emirates' first nuclear power plant, according to The National newspaper.

Steel Industry Veteran Executive John Correnti Dies Suddenly

19 August 2015 - Steel industry leader and visionary John Correnti, who was instrumental in establishing several new steel mills in the U.S., died suddenly in Chicago on 18 August. He was 68.

MSCI: July Steel Shipments Fall, Inventories Rise

18 August 2015 - U.S. and Canadian steel shipments declined 7 percent in July, dropping to 3.44 million tons, according to the Metals Service Center Institute.

U.S. Steel To Shut Down Alabama Blast Furnace, Finishing Operations

17 August 2015 - United States Steel Corp. intends to shut down -- permanently -- the blast furnace and halt most of the finishing operations at its Fairfield Works in Alabama on account of the new electric arc furnace being installed there, the Pittsburgh-based company has announced.

Institute: Recent Trade Cases Could Have Broader Impacts on U.S. Economy

17 August 2015 - The American Institute for International Steel is weighing in with a few thoughts regarding the spate of trade cased filed by U.S. producers, saying the cases come with a few pitfalls that merit consideration.

With Contract Deadline Looming, Steelworkers Plan A Week of Rallies

17 August 2015 - Members of the United Steelworkers union are planning a week of rallies at U.S. Steel Corp. and ArcelorMittal facilities as it tries to negotiate a new labor deal with the companies by Sept. 1.

New U.S. OCTG Mill Begins Ramping Up Production

17 August 2015 - Seamless tubes have begun rolling off the line at Benteler Steel/Tube GmbH's new OCTG mill in Shreveport, La., USA, AMM reports.

Thai Rod Mill Awards Contract For Furnace Modifications

17 August 2015 - Primetals Technologies has won an order for electric arc furnace upgrades at a rod and wire mill in Thailand, the company has announced.

Allegheny Technologies To Lock Out Workers

14 August 2015 - Specialty steelmaker Allegheny Technologies Inc. has given notice that it will lock out 2,200 workers at its plants beginning 15 August, a move that was immediately blasted by the United Steelworkers union.

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