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North America

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

Latest News

U. S. Steel Elects Two New Members to Board of Directors

03 November 2014 - United States Steel Corporation announced that Patricia Diaz Dennis and Robert J. Stevens have been elected to the company's board of directors effective 1 January 2015 to serve as directors until the next Annual Meeting of Stockholders, which is expected to be held on 28 April 2015.

SteelBenchmarker: HRB Price Fall Arrested

03 November 2014 - In its 206th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 27 October 2014:

Oerlikon Leybold to Deliver Record-Sized Vacuum System for Siemens VAI for AHMSA Degassing Plant

31 October 2014 - Siemens Metals Technologies has ordered another mechanical vacuum system from Oerlikon Leybold Vacuum which will be used by end customer AHMSA in Mexico.

Universal Stainless Has Positive Outlook for Its End Markets

31 October 2014 - Universal Stainless & Alloy Products Inc. provided a short term outlook as it posted solid third quarter results.

CMC Reports Quarterly Earnings, Sees Continued Market Growth

31 October 2014 - As it reported its earnings for the quarter ended 31 August 2014, Commercial Metals Co. said that, while macroeconomic and geopolitical concerns remain, all indications suggest continued market growth in fiscal 2015.

APEM Introduces FR Series Hall Effect Thumb Control

31 October 2014 - APEM Inc., a manufacturer of joysticks, trackballs and pushbutton switches, has introduced the new FR Series, a single axis three position Hall effect thumb control designed for material handling and construction applications requiring a reliable device for “change direction” and “gear switching” functions.

Sandvik Materials Technology to Divest Power Spring Business in U.S. and Mexico

31 October 2014 - Sandvik Materials Technology is divesting its power spring business in Scranton, U.S., and Nogales, Mexico, to Lesjöfors AB, a subsidiary of Beijer Alma.

ArcelorMittal Moves to Ensure Continued North American Industry Leadership

30 October 2014 - ArcelorMittal has announced important organizational moves to enhance performance in North America, where operations represent one quarter of the company’s steel shipments and profits.

Schnitzer Steel Reports Strong Quarterly Performance

30 October 2014 - Schnitzer Steel Industries said its fourth quarter improvement reflects its strong focus on executing productivity improvements and maximizing market opportunities in a still challenging environment.

TMW to Open Toll Processing Center at Big River Steel

29 October 2014 - The Material Works Ltd. (TMW) has committed to build an advanced flat rolled toll processing center adjacent to the new Big River Steel mill in Osceola, Ark.

U. S. Steel Reports Highest Segment Operating Results Since Q3 2008

29 October 2014 - While reporting its quarterly earnings results, U. S. Steel said progress on its Carnegie Way initiative has so far exceeded expectations in its multi-year journey.

Alan Cramb to Become Next President of Illinois Institute of Technology

29 October 2014 - The Board of Trustees of Illinois Institute of Technology (IIT) has unanimously elected Alan W. Cramb to be the ninth president of the university.

SunCoke Reports Strong Q3 Operational Results

29 October 2014 - As it reported its third quarter earnings results, SunCoke Energy said it believes it can continue to sustain solid performance in its coke and coal logistics segments.

Cliffs Reports Q3 Earnings, Outlook for Remainder of 2014

29 October 2014 - As it reported its third quarter earnings, Cliffs Natural Resources said it expects domestic steel production and the corresponding demand for steelmaking raw materials to be supported directly by construction activity, energy extraction and motor vehicle production in the near term.

AK Steel Announces Price Increase for Carbon Steel Products

29 October 2014 - AK Steel said on 28 October that it will increase current spot market base prices for all carbon flat rolled steel products by a minimum of US$20 per ton, effective immediately with new orders.

Saldotecnica Ligure Establishes Americas Unit

28 October 2014 - One of Europe’s manufacturers of equipment for steel mills and metal producers has established a marketing arm for the Americas.

AIIS: U.S. Steel Imports Continue to Grow

28 October 2014 - U.S. steel imports continued their upward trend in September, increasing 5.2% over their August level, the American Institute for International Steel (AIIS) reports.

Reliance Pleased by Q3 Demand Growth Despite Seasonal Headwinds

28 October 2014 - Reliance Steel & Aluminum Co. reported its financial results for the third quarter ended 30 September 2014.

Carpenter Reports Difficult Start to Q3 but Improvement Seen

27 October 2014 - Carpenter Technology Corp. announced financial results for the quarter ended 30 September 2014.

USW Joins Petition for Duties on Welded API Line Pipe Imports

27 October 2014 - The United Steelworkers (USW) union has joined a petition calling on the U.S. Commerce Department (DOC) and International Trade Commission (ITC) to impose antidumping and countervailing duties on welded API line pipe imports from South Korea and Turkey.

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