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North America

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

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Carpenter Technology Reports Strong Quarter, Sees Positive Signs of Growth

30 January 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2013.

Timken Predicts Its Steel Sales to Increase 12–17% This Year

30 January 2014 - As it reported its 2013 earnings results, The Timken Company said the spinoff of its steel business into a separate company should be complete by the middle of 2014.

AIIS: U.S. Steel Imports Decline Again in December; "Disappointing" 2013

29 January 2014 - U.S. steel imports declined 3.5% in December 2013 compared to the previous month, based on preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

ATI Names Chief Commercial and Marketing Officer

29 January 2014 - Allegheny Technologies Inc. announced that Kevin B. Kramer has been named senior vice president, chief commercial and marketing officer, effective 3 February 2014.

POSCO Completes Construction of Second Continuous Galvanizing Line in Mexico

28 January 2014 - On 28 January 2014, POSCO completed construction of a second continuous galvanizing line (2CGL) with an annual capacity of 500,000 tons, in Altamira, Tamaulipas state, Mexico.

Nucor Reports Improvements in Sheet as Longs Segment Performance Decreases

28 January 2014 - Nucor Corporation announced consolidated net earnings of US$488.0 million for the full year 2013, compared with consolidated net earnings of US$504.6 million for the full year 2012.

U. S. Steel Reports Results, Continues "Multi-Year Journey" to Profitability

28 January 2014 - United States Steel Corporation reported a fourth quarter 2013 net loss of US$122 million compared to a third quarter 2013 net loss of US$1,791 million and fourth quarter 2012 net loss of US$50 million.

SDI Optimistic for 2014 as It Reports 2013 Results

28 January 2014 - Steel Dynamics, Inc. announced fourth quarter net income of US$55 million on net sales of US$1.9 billion.

Ron O'Malley Named F. Kenneth Iverson Chair of Steelmaking Technologies at Missouri S&T

28 January 2014 - Dr. Ronald J. O’Malley, the former chief metallurgist at Nucor Steel Decatur in Trinity, Ala., has joined Missouri University of Science and Technology as the new F. Kenneth Iverson Endowed Chair of Steelmaking Technologies.

AK Steel Says It Continues to Make Progress, "Add Value"

28 January 2014 - AK Steel reported net income of US$35.2 million for the fourth quarter of 2013, compared to a net loss of US$230.4 million for the fourth quarter of 2012.

Gatto Industrial Plates Names New Transportation Manager

28 January 2014 - Gatto Industrial Platers, Inc., a leading high-production metal finishing company specializing in zinc plating, zinc-nickel plating and aluminum chromate, has hired Darron Kirkman to be the company’s transportation manager.

SMA Names New Leadership on Board of Directors

27 January 2014 - The Steel Manufacturers Association (SMA) Board of Directors announced that Richard Teets, Jr., executive vice president for steelmaking and president and COO of steel operations for Steel Dynamics, Inc., has been named chairman of the SMA Board of Directors for 2014–2015.

Insteel Reports Fire at Gallatin, Tenn., Manufacturing Facility

27 January 2014 - Insteel Industries, Inc. announced that a fire occurred at its Gallatin, Tenn., prestressed concrete strand (PC strand) manufacturing facility on 21 January 2014.

U. S. Steel Canada Announces Management Appointments

24 January 2014 - U. S. Steel Canada, a subsidiary of United States Steel Corporation, announced several management appointments effective 1 February 2014.

GrafTech Gives Update on Initiatives to Drive Operating Efficiencies, Global Competitiveness

24 January 2014 - GrafTech International Ltd. provided an update and reconfirmed the savings targets on its previously announced global rationalization initiatives.

PennDOT Approves MMFX2 Uncoated Corrosion-Resistant Rebar for Use in Bridges

24 January 2014 - MMFX® Steel Corporation of America has received approval from the Pennsylvania Department of Transportation (PennDOT) for MMFX2® (AASHTO MP 18) Grade 100 reinforcing steel bar for use in bridge structures.

SSAB and Ruukki Announce Merger Plans

23 January 2014 - Swedish steelmaker SSAB and Finnish steel company Rautaruukki (Ruukki) announced plans to merge into one company.

World Crude Steel Output Increased by 3.5% in 2013

23 January 2014 - World crude steel production reached 1,607 million tonnes for the year 2013, up by 3.5% compared to 2012, with the growth coming mainly from Asia and Middle East while production in all other regions decreasing year-on-year, according to the World Steel Association.

Shell Awards TMK IPSCO Two Long-Term Pipe Contracts

23 January 2014 - TMK IPSCO has been awarded two three-year contracts to provide both oil country tubular goods (OCTG) and line pipe to Shell for onshore and offshore applications.

GrafTech Announces Engineered Solutions Leadership Change

23 January 2014 - GrafTech International Ltd. announced that Lionel Batty, age 54, has been named president of Engineered Solutions.

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