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North America

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

Latest News

Siemens Installs Drive System for SSAB’s Montepelier Steckel Mill

13 April 2012 - Siemens recently commissioned a new drive system at the SSAB Americas’ plate and Steckel mill in Montpelier. The order included two Siemens Sinamics SM150 drive systems and synchronous motors to replace the mill’s existing equipment.

ALJ Releases Second Quarter Revenue Performance

12 April 2012 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenue of $44.6 million for the second quarter and revenue of $83.4 million for the six months ended March 31, 2012.

ITC to Conduct Sunset Review of Corrosion-Resistant Carbon Steel Products

10 April 2012 - The U.S. International Trade Commission has voted to conduct full five-year (sunset) reviews concerning the countervailing duty order on corrosion-resistant carbon steel flat products from Korea and the antidumping duty orders on such products from Germany and Korea.

Schnitzer Reports Second Quarter Fiscal 2012 Results

06 April 2012 - Schnitzer Steel Industries, Inc. reported diluted earnings per share from continuing operations of $0.35 for its fiscal 2012 second quarter ended February 29, 2012, compared to $0.25 in the first quarter of fiscal 2012.

SunCoke Energy Reports First Quarter Production

06 April 2012 - SunCoke Energy, Inc. reported preliminary first quarter 2012 U.S. coke production of 1,072 thousand tons, an estimated increase of 211,000 tons, or 25%, compared to the same period in 2011. Its total U.S. coke-making capacity utilization was 100% in first quarter 2012 versus 95% a year ago.

Finished Steel Imports up 13% in March

05 April 2012 - The U.S. imported a total of 3,144,000 net tons of steel in March, up 22% from February final data, according to the latest report from AISI. Finished steel imports were up 21% over the same period.

Severstal NA, UAW Reach Tentative Agreement on New Labor Agreement

04 April 2012 - Severstal North America and United Auto Workers (UAW) Local 600 have reached a tentative agreement on a new five-year labor pact. The company expects ratification of the agreement to be completed shortly.

Steel Technologies to Expand Operations in Mexico

04 April 2012 - Steel Technologies LLC has secured land in the municipality of Celaya, Mexico, to construct its recently announced flat-rolled steel processing operation. The new 125,000-square-foot facility will be equipped with two slitting lines as well as space for additional equipment.

Timken Launches New Ultrasonic Inspection Line at Faircrest

03 April 2012 - The Timken Co. has completed its ultrasonic test (UT) inspection line at its Faircrest Steel Plant in Canton, Ohio. This $5 million investment increases Timken’s large-bar finishing capacity and helps ensure large-bar sound-center quality.

JMC Steel Completes Acquisition of Lakeside

02 April 2012 - JMC Steel Group, Inc. and Lakeside Steel Inc. have completed Lakeside's statutory plan of arrangement under the Business Corporations Act (Ontario). The Ontario Superior Court of Justice issued a final order approving the arrangement on March 29, 2012.

AK Steel's Zanesville Works Recognized for Outstanding Safety Performance

02 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Zanesville Works for Outstanding Safety Performance.

Worthington Reports Third Quarter Fiscal 2012 Results

30 March 2012 - Worthington Industries, Inc. reported net sales of $611.3 million and net earnings of $25.9 million, or $0.37 per share, for its fiscal 2012 third quarter ended February 29, 2012. In last year's third quarter, the company reported net sales of $569.4 million and net earnings of $26.3 million, or $0.35 per share.

Commercial Metals Reports Improved Second Quarter Earnings

29 March 2012 - Commercial Metals Co. reported net earnings of $28.9 million, or $0.25 per diluted share, on net sales of $2.0 billion for the second quarter ended February 29, 2012. This earnings performance is a significant improvement over the net loss of $46.2 million, or $0.40 per share, reported in last year's second quarter with sales of $1.8 billion.

Severstal North America Debuts New Culvert Mobile App

29 March 2012 - Severstal North America introduced its new Culvert mobile application, which is designed to help corrugated steel pipe professionals work faster and smarter. It is available for Apple iOS and Android devices.

AK Tube Plants Recognized for Safety Performance

29 March 2012 - The Columbus, Ind., and Walbridge, Ohio, plants of AK Tube LLC have each received the "Safety Award of Merit" from the Fabricators and Manufacturers Association, International (FMA), a leading trade organization that serves the metal forming and fabricating industry.

Shale-Inland Completes Industrial Pipe, Valves and Fittings Acquisition

29 March 2012 - Shale-Inland Holdings, LLC has completed its acquisition of the Industrial Pipe, Valves and Fittings business (IPVF) of HD Supply, Inc., and the IPVF companies have been combined with Main Steel and Shale-Inland Stamping & Fabricating.

Commerce Delivers Mixed Preliminary Ruling on Welded Steel Pipe from Multiple Countries

28 March 2012 - The Department of Commerce announced its affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of circular welded carbon-quality steel pipe from India and Vietnam, and its negative preliminary determinations in the CVD investigations of imports of such steel pipe from Oman and the United Arab Emirates.

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