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North America

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

Latest News

Danieli Cheers Nucor Corp. Plate Mill Start

10 January 2023 - Along with Nucor Corp, Danieli is celebrating the rolling of the first plate at the steelmaker’s new US$1.7 billion Kentucky plate mill and calling attention to the role its equipment will play there. 

Healthy Demand Pushes Up CMC’s Q1 Profits 

09 January 2023 - Long products maker Commercial Metals Company (CMC) saw its fiscal first quarter profits rise 12% due in part to strength in North American demand, the company said on Monday. 

U. S. Steel Announces Two Executive Appointments 

05 January 2023 - United States Steel Corporation has added two new executives to the C-suite, naming Christian Gianni as senior vice president and chief technology officer and John Gordon as senior vice president, raw materials and sustainable resources. 

United Steelworkers Approve Four-Year Labor Contracts with U. S. Steel  

05 January 2023 - The United Steelworkers (USW) union has ratified four-year labor agreements covering approximately 11,000 workers at United States Steel Corporation. 

Nucor Plate Mill Reaches Start-Up Milestone: Its First Plate

03 January 2023 - Nucor Corp.’s new US$1.7 billion plate mill has rolled its first plate and is undergoing final commissioning, the company announced Tuesday morning. 

Olympic Steel Expands Through US$131 Million Acquisition

03 January 2023 - Olympic Steel Inc. has acquired steel venting and filtration products fabricator Metal-Fab Inc. for US$131 million, the company has announced.

Nucor Announces New Continuous Galvanizing Line for California Steel Industries

20 December 2022 - The 400,000-tons-per-year line to be constructed in Fontana, Calif., USA, will bring California Steel Industries’ (CSI) total hot-dip capacity to 1.2 million tons per year.

Steel Dynamics Expects Q4 Earnings to Decline

16 December 2022 - Steel Dynamics Inc. (SDI) is forecasting its fourth-quarter earnings to fall roughly 39% over the prior year due in part to tightening metal spreads, especially at its flat-rolled operations. 

Nucor Expects Q4 Earnings to Slide, Announces Expansion of Steel Towers Business

16 December 2022 - Nucor Corp. expects its fourth-quarter earnings to fall roughly 45% due in part to lower volumes and lower average selling prices, the company said on Thursday. 

HarbisonWalker Agrees to Be Acquired by Private Equity Firm

16 December 2022 - Refractories maker HarbisonWalker International is being acquired by a private equity firm that plans to expand the manufacturer's reach by combining it with a refractories producer in Europe. 

LIBERTY Steel USA Refinances Debt

16 December 2022 - LIBERTY Steel USA has refinanced a term loan and raised an existing asset-based lending facility to US$150 million, moves that will provide the wire rod producer with additional liquidity, the company has announced. 

Nucor Names New Executive Vice President 

15 December 2022 - Nucor Corp. vice president and AIST member Noah Hanners is being promoted to executive vice president, the company said on Tuesday. 

U. S. Steel Starts Pig Iron Caster 

14 December 2022 - United States Steel Corporation’s US$60 million pig iron caster has produced its first batch and is beginning to ramp up, reports The Times newspaper of northwest Indiana.

Cleveland-Cliffs Introduces Electrical Steel for High-Frequency Motors 

13 December 2022 - Cleveland-Cliffs Inc. is bringing to market a branded line of non-oriented electrical steels designed for high-frequency motors and generators, the company has announced. 

Ternium Orders Push Pickling Line for Mexican Mill  

13 December 2022 - ANDRITZ has received an order for a high-end push pickling line (PPL) that will process advanced high-strength steel grades, the company has said. 

WTO Rejects Section 232 Steel and Aluminum Tariffs

09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration. 

BlueScope Names New North American CEO 

09 December 2022 - BlueScope Steel has tapped its chief human resources officer to lead its North American operations and is making other changes to its executive leadership team, the company has announced. 

CMC Selects West Virginia for New Micro-Mill

08 December 2022 - Commercial Metals Co. will build its fourth micro-mill in Berkeley County, W.Va., USA, the long products maker said on Thursday. 

Nucor Invests in Green Ironmaking Startup 

08 December 2022 - Nucor Corp. has made an equity investment in a startup company developing a process that can produce iron from low-grade ores and renewable electricity. 

Cleveland-Cliffs Signs for 180 MW of Wind Power, Advances Carbon Capture Project

07 December 2022 - Cleveland-Cliffs Inc. will buy 180 megawatts of wind energy under a long-term agreement and is developing a large-scale carbon capture project, the company announced on Wednesday. 

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