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North America

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

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Preliminary Steel Imports Up 7% in March

26 April 2012 - The U.S. imported a total of 2,899,000 net tons of steel in March, up 7% from February final data according to the latest report AISI. Finished steel imports were up 4% through the same period.

AK Steel Reports Financial Results for First Quarter of 2012

26 April 2012 - AK Steel reported a net loss of $11.8 million on net sales of $1,508.7 million for the first quarter of 2012.

Grand Blanc Processing Contracts Tenova Core for STC® Furnace

26 April 2012 - Tenova Core has recently been contracted to provide the turnkey supply of a STC® (Short Time Cycle) furnace at Grand Blanc’s wire processing facility located in Holly, Mich.

United States Steel Reports 2012 First Quarter Results

25 April 2012 - United States Steel Corp. reported a net loss of $219 million on net sales of $5.172 billion for the first quarter of 2012.

AK Steel's Coshocton Works Recognized for Outstanding Safety Performance

25 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Coshocton Works for operating 2,952,729 hours without a lost-time injury between February 20, 2008 and August 5, 2011.

Timken Breaks Ground on Faircrest Expansion

24 April 2012 - The Timken Co. celebrated the start of work on a $225 million expansion of its Faircrest Steel Plant that will feature the addition of a new ladle refiner and large-bloom continuous caster.

SMS Concast to Supply Vertical Bloom Caster for Timken Faircrest

23 April 2012 - SMS Concast AG has been awarded jointly with SMS Concast America Inc. of Pittsburgh, Pa., a major contract from The Timken Co. to supply a three(four)-strand UHQ vertical bloom casting facility for Timken’s Faircrest steel plant in Canton, Ohio.

World Steel Association Reports March 2012 Crude Steel Production

23 April 2012 - Crude steel production for the 62 countries reporting to the World Steel Association was 132 million tonnes (Mt) in March 2012, an increase of 1.8% compared to March 2011. Production for the first quarter of 2012 was 377 Mt, 1.1% higher than the first quarter of 2011.

Metals USA Reports First Quarter 2012 Results

20 April 2012 - Metals USA Holdings Corp. reported net sales for the first quarter of 2012, ended March 31, of $525.3 million, up 22% from net sales of $432.3 million recorded for the first quarter of 2011. Net income was $16.3 million, compared to first quarter 2011 net income of $12.4 million.

Praxair to Supply Industrial Gases for New Deacero Plant at Coahuila

20 April 2012 - Praxair Mexico has signed a new contract with Mexican steel company Deacero to supply oxygen, argon, and nitrogen to a new plant being built in Ramos Arizpe, Coahuila, in north Mexico.

Steel Dynamics Reports First Quarter 2012 Results

20 April 2012 - Steel Dynamics, Inc. announced first quarter net income of $46 million, or $0.20 per diluted share, on net sales of $2.0 billion. By comparison, prior-year first quarter net income was $106 million, or $0.46 per diluted share, and sequential fourth quarter 2011 net income was $30 million, or $0.14 per diluted share.

Nucor Reports First Quarter 2012 Results

20 April 2012 - Nucor Corp. announced consolidated net earnings of $145.1 million, or $0.46 per diluted share, for the first quarter of 2012, compared to net earnings of $159.8 million, or $0.50 per diluted share, for the first quarter of 2011 and net earnings of $137.1 million, or $0.43 per diluted share, in the fourth quarter of 2011.

Ryerson to Open New Illinois Service Center

19 April 2012 - Ryerson Inc. announced that it will open a new bar processing depot and full line service center in DeKalb, Ill. The 150,000-square-foot facility is expected to begin operations in June 2012.

SSINA Releases Market Data for January 2012

19 April 2012 - Imports of total stainless steel in YTD January 2012 were 70,107 tons, a 4.7% increase compared to a year ago, according to recently released statistical data from the Specialty Steel Industry of North America (SSINA).

Reliance Increases 2012 First Quarter Outlook

19 April 2012 - Reliance Steel & Aluminum is updating its guidance regarding the company’s earnings estimates for the first quarter ended March 31, 2012.

February Steel Shipments Down 1.1% from January

18 April 2012 - U.S. steel mills shipped 8,407,343 net tons for the month of February 2012, a 1.1% decrease from the 8,497,932 net tons shipped in the previous month, according to the latest release from AISI.

Metals Service Center Growth Levels Off in March

18 April 2012 - March service center shipments of aluminum and steel were only slightly changed in both the United States and Canada, with inventory positions also remaining nearly constant in both countries, according the latest report from the Metals Service Center Institute.

CMC President and CEO to Address AISTech 2012 Attendees

17 April 2012 - Joseph Alvarado, President and CEO of Commercial Metals Company, has been announced as the keynote speaker for the AIST President’s Award Breakfast, part of AISTech 2012, North America’s largest gathering of steel industry personnel.

USW Requests Investigation into Incident with Picketer, Cascade Steel Security Guard

16 April 2012 - The United Steelworkers has demanded an investigation of the Cascade Steel security guard who struck and injured a USW member who was picketing early Thursday morning, April 12, at Cascade Steel in McMinnville, Ore.

OSHA Reaches Settlement with Republic to Include Additional Safety Measures, Training at Mills

13 April 2012 - The U.S. Department of Labor has reached a settlement agreement with Republic Steel Inc. resolving citations issued by the department's Occupational Safety and Health Administration in May 2011 for violations found at the company's facility in Lorain, Ohio.

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