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North America

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

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U.S. Electrical Steel Producers Pleased with Dumping Margins Set in Trade Case

25 September 2014 - The US Department of Commerce (DOC) announced the final antidumping margins on grain oriented electrical steel (GOES) imported into the U.S. from the Czech Republic, as follows:

Mill Steel Strengthens Executive Staff, Reorganizes Sales Management Team

25 September 2014 - Mill Steel Co., a flat-rolled steel service center, announced three promotions, consistent with the company's commitment to build and maintain its dynamic executive and management teams, in support of an expanding presence in the marketplace.

Air Products Announces Major Company Restructuring

25 September 2014 - Air Products’ chairman, president and CEO, Seifi Ghasemi, announced a major company restructuring, with the goal of regaining industry leadership by providing excellent service to customers as the safest and most profitable industrial gas company in the world.

Plattco Awarded Patent for Industrial Valve Seal

24 September 2014 - Plattco Corporation, producer of the most advanced material handling valves for industrial applications, has been awarded a patent for a unique high pressure mechanical shaft seal that dramatically improves the performance and maintenance-free operation of industrial valves in high velocity, high pressure conveying systems.

EVRAZ Considering IPO of EVRAZ North America

23 September 2014 - In response to certain market rumors, EVRAZ plc announced that it is currently considering a registered initial public offering of ordinary shares of its North American subsidiary, EVRAZ North America.

North American Service Center Shipments Stagnant in August

23 September 2014 - Steel and aluminum shipments were essentially flat or declined by small percentages at both U.S. and Canadian service centers, the Metals Service Center Institute (MSCI) reports. Inventory increased across the board.

Big River Steel Breaks Ground on Arkansas Steel Mill

22 September 2014 - Big River Steel today broke ground on its US$1.3 billion steel mill and recycling facility in Osceola, Ark., the single largest private investment in the state’s history.

Global Steel Production Rose 1.4% Y-o-Y in August

22 September 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 135 million metric tons in August 2014, an increase of 1.4% compared to August 2013.

Electrical Steel Producers Appeal ITC Decision in Trade Case

22 September 2014 - U.S. producers of grain-oriented electrical steel (GOES) have filed an appeal of the negative decision on “material injury” by the U.S. International Trade Commission (ITC).

Siemens Boosts Capacity of AHSMA’s Plate Heat Treatment Line

19 September 2014 - Mexican steel producer Altos Hornos de México S.A.B de C.V. (AHMSA) has commissioned Siemens Metals Technologies to expand the annual capacity of its planned normalizing line at its Monclova plant to 300,000 metric tons of plate per year.

SDI Provides Q3 2014 Earnings Guidance

19 September 2014 - Steel Dynamics Inc. provided third quarter 2014 earnings guidance, noting that demand trends for key steel-consuming end markets is expected to remain favorable, as strength in automotive, manufacturing, energy and construction markets continue to improve.

AK Steel Introduces New Stainless Steel Product

19 September 2014 - AK Steel has introduced CHROMESHIELD™ 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers.

Cliffs Natural Resources Appoints Olympic Steel CEO to Board of Directors

19 September 2014 - Cliffs Natural Resources Inc. has appointed Michael D. Siegal to its Board of Directors, effective immediately.

Air Products Recognized for Sustainability Leadership by Dow Jones Indexes

19 September 2014 - Air Products has again achieved a leadership position among the top 10% of companies in its industry as a component of the Dow Jones Sustainability World Index (DJSI) 2014/2015, a gold standard benchmark for corporate sustainability performance.

Nucor Announces Guidance for Q3 Earnings

18 September 2014 - Nucor Corporation announced guidance for its third quarter ending 4 October 2014.

Ontario Court Approves Essar Steel Algoma’s Recapitalization and Refinancing Plan

18 September 2014 - The Ontario Superior Court of Justice has approved Essar Steel Algoma Inc.’s Plan of Arrangement, granting a final order deeming the plan to be fair and reasonable pursuant to the Canada Business Corporations Act.

U. S. Steel Canada Announces Initial Order Under CCAA

18 September 2014 - U. S. Steel Canada Inc. announced on 16 September 2014 that it is initiating a Court-supervised restructuring in order to create a restructured business that can compete in the North American steel market for the long term.

U. S. Steel Announces Strategic Actions to Strengthen Company; Updates Q3 Outlook

17 September 2014 - United States Steel Corporation announced three key strategic actions that support its transformation:

ArcelorMittal and NSSMC Announce Further Investments in AM/NS Calvert

17 September 2014 - ArcelorMittal, in partnership with joint venture partner Nippon Steel & Sumitomo Metals Corporation (NSSMC), announced two important investment projects that will further enhance the capabilities of AM/NS Calvert, the advanced steel finishing facility in Calvert, Ala.

Steel Dynamics Completes Acquisition of Severstal Columbus

17 September 2014 - Steel Dynamics Inc. announced the completion of the acquisition of Severstal Columbus LLC, one of the newest and most technologically advanced mini-mills in North America.

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