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North America

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

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Steel Joist Institute Issues Call for Entries for 2012 Design Awards

02 July 2012 - The Steel Joist Institute is excited to announce call for entries for the 2012 Design Awards. Winning entries will receive a $2000 scholarship created in their company's name for the school of their choice.

U.S. Steel Announces New Executive Appointments

02 July 2012 - The United States Steel Corporation's Board of Directors has elected Mario Longhi to the position of executive vice president and chief operating officer. The company also announced the appointments of George F. Babcoke, Douglas R. Matthews and Michael S. Williams to the company's executive management committee.

Konecranes Acquires Ameratronic Industries

02 July 2012 - Konecranes, a global leader in the manufacturing and servicing of overhead cranes and lifting equipment, has acquired Ameratronic Industries, Inc., a crane and hoist service company of Northwest Indiana.

MMFX Steel Appoints Technical Sales Manager

02 July 2012 - MMFX Steel Corporation of America has hired Recto (Jon) Colinares to serve as Technical Sales Manager. Mr. Colinares will provide engineering support as well as direct sales of MMFX2 corrosion-resistant and high-strength concrete reinforcing steel products.

Ryerson Names Edward J. Lehner as CFO

02 July 2012 - Ryerson, a leading processor and distributor of metals in North America, announced the appointment of Edward J. Lehner to the position of Executive Vice President and Chief Financial Officer (CFO), effective 1 August 2012.

Leavitt Tube Renamed Maruichi Leavitt Pipe & Tube

02 July 2012 - Leavitt Tube Company has been renamed Maruichi Leavitt Pipe & Tube, LLC.

Oates of Universal Stainless Wins 2012 E&Y Entrepreneur of the Year Award

29 June 2012 - Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced that Dennis M. Oates, Chairman, President and Chief Executive Officer, has received the Ernst & Young Entrepreneur of the Year® 2012 Award.

ThyssenKrupp Mandates Two Firms to Examine Strategic Options for Steel Americas Unit

27 June 2012 - ThyssenKrupp AG has mandated Goldman Sachs and Morgan Stanley to examine strategic options for its Steel Americas plants in Brazil and the U.S.

Cargill Exiting Pig Iron Market

27 June 2012 - Cargill Inc. has decided to transition out of the pig iron market over the next several months.

SDI Plans to Add Hot Band Leveling Line at Butler Plant

27 June 2012 - Steel Dynamics Inc. (SDI) is planning to expand its product line in Butler, Ind., with the addition of a hot band leveling line.

Commerical Metals Reports Third Consecutive Profitable Quarter

27 June 2012 - Commercial Metals Company reported net earnings of $40.7 million on net sales of $2.0 billion for the third quarter ended 31 May 2012.

Investments in Technology Drive Customer Satisfaction at Michigan Seamless Tube

27 June 2012 - Michigan Seamless Tube continues to provide customers with unparalleled value by investing in new technologies that enhance the quality of its products, shorten lead times and save customers money over the long term.

U.S. Steel Imports Dropped 6% in May

27 June 2012 - The U.S. imported a total of 2,945,000 tons of steel in May, including 2,323,000 tons of finished steel (down 6% each, respectively, from April final data). The 2.3 million tons of finished steel imports in May was the second highest monthly total in 2012, below only the April tonnage.

SDI Selects Tenova Core New Walking Beam Furnace

27 June 2012 - Tenova Core has been contracted by Steel Dynamics, Inc., for the design and supply of a 100 ton/hour walking beam reheating furnace at its Pittsboro, Ind., facility.

Canadian International Trade Tribunal Initiates Expiry Review of Seamless Well Casing

27 June 2012 - The Canadian International Trade Tribunal initiated an expiry review of its finding made on 10 March 2008, in Inquiry No. NQ-2007-001, concerning the dumping and subsidizing of seamless carbon or alloy steel oil and gas well casing from China.

Sutor Technology Receives Nasdaq Notification of Non-Compliance with Minimum Bid Price Rule

26 June 2012 - Sutor Technology Group Limited, a leading China-based non-state-owned manufacturer and distributor of high-end fine finished steel products and welded steel pipes received notification that it is not in compliance with the $1.00 minimum closing bid price requirement under the NASDAQ Listing Rules.

Nucor-Yamato Steel Plans Hot Rolled Sheet Piling Production Expansion

26 June 2012 - Nucor-Yamato Steel Company, a joint venture between Nucor and Yamato Kogyo Co. Ltd., has approved a US$115 million plan to expand the production of hot rolled sheet piling.

U.S. Stainless Steel Consumption Declined in YTD March 2012

25 June 2012 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for the first quarter of 2012.

Vale Breaks Ground on Historic C$2 Billion Clean AER Project in Canada

25 June 2012 - Vale officially broke ground on 22 June on its C$2 billion "Clean AER Project," one of the largest single environmental investments in Ontario’s history, at its Sudbury nickel mine.

Optima Specialty Steel Appoints Industry Veteran John Goodish to Board of Directors

25 June 2012 - Optima Specialty Steel, Inc., one of North America’s leading independent manufacturers of high quality cold drawn seamless tubes and cold finished steel bars, announced that it has appointed John H. Goodish as an independent director of the company, effective 5 June 2012.

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