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North America

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

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TMK Announces Financial Results and Outlook

04 September 2012 - OAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announced its financial results for the six months ending 30 June 2012 and outlook for the remainder of the year.

Bushwick Metals Acquires Tarco Steel

04 September 2012 - Bushwick Metals has announced the acquisition of Tarco Steel and Metal Fab, a steel service center and fabrication shop located in Binghamton, N.Y., effective 4 September.

Severstal Reports Financial Results and Outlook

04 September 2012 - OAO Severstal announced its second quarter and first half 2012 financial results, as well as its outlook for the remainder of the year.

Severstal Seeks to Expand U.S. Sales to BMW, Nissan by 2016

04 September 2012 - OAO Severstal plans to expand the share of its U.S. unit’s sales to automakers such as Nissan Motor Co. to as much as 42% by 2016 to benefit from an industry revival, Bloomberg Businessweek reports.

U. S. Steel Reaches Tentative Agreement with USW

04 September 2012 - United States Steel Corporation announced a tentative agreement with the United Steelworkers (USW) on a successor three-year collective bargaining agreement covering approximately 17,000 USW-represented employees at its domestic operations.

USW Issues Labor Day Statement on Negotiations with ArcelorMittal

03 September 2012 - The United Steelworkers (USW) on 3 September issued a statement regarding the status of negotiations with ArcelorMittal USA on behalf of nearly 14,000 workers at 15 U.S. locations.

WTO to Probe U.S. Duties on Some Indian Steel Products

03 September 2012 - The World Trade Organization agreed to investigate the legality of U.S. countervailing duties on certain Indian hot-rolled carbon-steel flat products, Bloomberg Businessweek reports.

CMC Alabama Appoints New Director of Operations

03 September 2012 - Greg Brandon is joining CMC Steel Alabama as director of operations on 1 September.

Arch Coal SVP Announces Plan to Retire in 2014

03 September 2012 - Arch Coal, Inc.’s senior vice president of marketing, David N. Warnecke, announced his plans to retire from the corporation in May 2014 after more than 30 years with the company.

Cliffs and USW Agree to Short-term Labor Contract Extension

31 August 2012 - Cliffs Natural Resources Inc. announced a short-term extension of its labor contract with the United Steelworkers (USW) since both parties have not reached a new agreement.

AK Steel Announces Stainless Steel Price Increase

31 August 2012 - AK Steel said it will increase transaction prices for all Type 201, 301, 430, 430 ULTRA FORM®, 409, and 409 ULTRA FORM® flat rolled stainless steel products, effective with shipments on 4 September 2012.

Carpenter to Consolidate Specialty Wire Production to Wauseaon, Ohio

31 August 2012 - Carpenter Technology Corporation announced it will relocate its Carpenter Specialty Wire Products business from Orangeburg, S.C., to an advanced precision wire manufacturing facility in Wauseon, Ohio.

The North American Coal Corp. Acquires the Reed Companies

31 August 2012 - The North American Coal Corporation announced that it acquired four related companies involved in the mining of bituminous coal from members of the Reed family for approximately $62.5 million.

Wisconsin Honors Chicago Steel Company for Tree Planting Program

31 August 2012 - To improve and beautify the environment, Chicago steel manufacturer A. Finkl & Sons has extended its partnership with the Wisconsin Department of Natural Resources and will provide 400,000 tree seedlings annually for the next 10 years, valued at almost $600,000.

Universal Stainless Announces Resignation of Senior VP of Operations

31 August 2012 - Universal Stainless & Alloy Products, Inc. announced the resignation of William W. Beible Jr. from his position with the company in order to pursue other interests.

Russel Metals to Acquire Alberta-Based Apex Distribution

30 August 2012 - Russel Metals Inc. has entered into an agreement with Apex Distribution Inc. pursuant to which Apex has agreed to deal exclusively with Russel Metals until 31 October 2012 and the parties have agreed to negotiate in good faith to enter into a definitive agreement for the acquisition by Russel Metals of Apex Distribution and related companies.

Carpenter to Establish Manufacturing Facility in China

30 August 2012 - Carpenter Technology Corporation announced it plans to construct a bar finishing facility in China to meet increased customer demand in Asia.

Integrated Mill Systems Upgrades ArcelorMittal Cleveland TCM

30 August 2012 - Integrated Mill Systems recently finished its drives & automation upgrade of the ArcelorMittal Cleveland Works TCM, on time and budget.

AHSS Help Automakers Achieve Critical Mass Reduction to Meet New Fuel Standards

29 August 2012 - Responding to the Obama Administration’s release of aggressive new fuel economy rules this week, the Steel Market Development Institute said that the steel industry, with its newest generation of advanced high-strength steels (AHSS), is committed to providing the leading material solution that will help automakers achieve the latest fuel efficiency, performance and safety standards.

Union Contract with U.S. Steel Expected; ArcelorMittal Contract Uncertain

29 August 2012 - With three days left to negotiate a new contract involving about 26,000 unionized workers at U.S. plants operated by U.S. Steel and ArcelorMittal, industry analysts say the most likely scenario is that the Pittsburgh steelmaker will make peace with the United Steelworkers union -- but ArcelorMittal may not.

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