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North America

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

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Leeco Steel's Eastern Region Relocates Sales Office

03 September 2013 - Leeco Steel, a leading global supplier of carbon, HSLA, heat-treated and alloy plate steel, has moved its Eastern Region sales office to a new location at 9500 Brooktree Drive in Wexford, Pa.

PTC Seamless Tube Corp. to Establish Manufacturing Operations in Kentucky

03 September 2013 - Kentucky Governor Steve Beshear announced PTC Seamless Tube Corp., a subsidiary of PTC Group Holdings Corp., plans to create up to 283 jobs in Hopkinsville, Ky., where the company expects to invest more than US$102 million to establish a manufacturing operation.

Paolo Rocca Announces US$225 Million in Investments for Ternium Plant in Guerrero, Mexico

02 September 2013 - Paolo Rocca has announced investments of US$225 million in safety and environmental areas for its Ternium plant in Guerrero, Mexico.

Platts: Russia's Severstal Opts Out of Two Iron Projects to Cut Capex

02 September 2013 - Russian steel and mining group Severstal has withdrawn from further participation in Amapa, its iron ore mining joint venture in northern Brazil with SPG Mineracao, and an iron plant project in North America to cut capital expenditure, chief financial officer Alexei Kulichenko, told a press conference Thursday, Platts reports.

U.S. Agency Votes to Continue Trade Case on Ferrosilicon from Russia and Venzuela

30 August 2013 - The United States International Trade Commission has determined that there is a reasonable indication that the U.S. industry is materially injured by reason of imports of ferrosilicon from Russia and Venezuela that are allegedly sold in the U.S. at less than fair value.

Cliffs Natural Resources and USW Reach New Labor Agreement for Bloom Lake Mine

30 August 2013 - Cliffs Natural Resources Inc. announced that the United Steelworkers Union local membership have ratified a three-year labor contract agreement for its Bloom Lake Mine in Fermont, Quebec.

Worthington Signs Agreement with WISCO for Majority Owernship of TWB

29 August 2013 - In late July 2013, Worthington Industries announced that it closed on an agreement with Wuhan Iron and Steel Company (WISCO) to become the majority member in Tailor Welded Blanks (TWB), its laser welded blanking joint venture.

Esmark Announces Management Changes; Delays Restart of Ohio Mill Operations

29 August 2013 - Esmark Inc. announced management changes for its Esmark Steel Group subsidiary to better serve its diverse customer base and streamline service center and mill operations in Chicago and Ohio, respectively. As part of the management realignment, Esmark Inc. chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group.

Canada Agency Says Removing Import Duties on Hot Rolled Plate Would Lead to More Dumping

28 August 2013 - In an expiry review, the Canada Border Services Agency has determined that allowing antidumping duties on hot rolled steel plate imports from Bulgaria, the Czech Republic and Romania to expire would be likely to lead to continued dumping.

Cliffs Natural Resources Reports on Sustainability Progress

28 August 2013 - Cliffs Natural Resources Inc. announced the release of its 2012 sustainability report, entitled "Embracing our Past, Securing our Future." The sustainability report is a comprehensive look at Cliffs' global operations and outlines the company's progress in key areas of its sustainability strategy.

UAW Members Ratify Labor Agreement for AK Steel's Rockport Works

28 August 2013 - AK Steel said that members of the United Auto Workers Local 3044 have ratified a four-year labor agreement covering about 195 hourly production employees at the company's Rockport, Ind., Works.

Cliffs Announces Long-Term Pellet Supply Contract with AK Steel

28 August 2013 - Cliffs Natural Resources Inc. has entered into a new agreement with AK Steel to supply iron ore pellets from 2014 through 2023.

Schnitzer Steel Provides Outlook for Fourth Quarter of Fiscal 2013

27 August 2013 - Schnitzer Steel Industries, Inc. announced its outlook for its fourth quarter of fiscal 2013 ending 31 August 2013, nothing that export demand for recycled metals weakened versus the third quarter as reflected by lower shipped volumes and lower average sales prices.

AIIS: Imports Inch Up in July as Market Remains Weak Compared to 2012

27 August 2013 - U.S. steel imports increased in July compared to June by 0.6% according to preliminary data released by the government and analyzed by the American Institute for International Steel (AIIS).

Northwest Indiana Steel Fabrication Company Acquires Imperial Steel Tank

27 August 2013 - Refax, Inc., a leading steel fabricator in northwest Indiana for more than three decades, announced its acquisition of Imperial Steel Tank Co. Imperial Steel Tank (IST) fabricates pressure vessels, storage tanks, reactors, heat exchangers and other weldments.

AIST Foundation Announces Junior Faculty Award to Honor Dr. Kent D. Peaslee

26 August 2013 - The Association for Iron & Steel Technology (AIST) Foundation has announced a new award to honor the legacy of the recent AIST president who passed away unexpectedly in May 2013.

TMS International Corp. to Be Acquired in US$1 Billion Transaction

26 August 2013 - TMS International Corp. and The Pritzker Organization, LLC (TPO) announced a definitive merger agreement under which business interests of certain members of the Pritzker family will acquire TMS in an all‐cash transaction valued at approximately US$1 billion, including refinanced third‐party debt.

Preliminary U.S. Steel Imports Increase 1% in July

26 August 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,475,000 tons of steel in July 2013, including 1,956,000 tons of finished steel (up 0.6% and down 0.9%, respectively, vs. June final data).

AISI: Preliminary U.S. Steel Imports Increase 1% in July

26 August 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,475,000 tons of steel in July, including 1,956,000 tons of finished steel (up 0.6% and 0.9%, respectively, vs. June final data).

MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturer

23 August 2013 - Abakan Inc., an emerging leader in the advanced coatings and metal formulations markets, announced that its portfolio company, MesoCoat Inc., has been recognized by Inc. Magazine as one of the fastest-growing companies in the U.S. and has been ranked 15th in the top 100 fastest-growing manufacturing companies in the U.S. on the annual Inc. 500|5000 list.

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