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North America

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

Latest News

U. S. Steel Provides First Quarter Earnings Guidance

21 March 2022 - United States Steel Corporation last week provided earnings guidance for the first quarter 2022 with adjusted diluted earnings per share expected in the range of US$2.96 to US$3.00.

Nucor Steel–Arkansas Issues FAC on Hot Strip Mill Drives Upgrade From Primetals Technologies

21 March 2022 - The final acceptance certificate (FAC) for the F5 and F6 main drive upgrade completes the third phase of the full replacement of Nucor Steel–Arkansas’ six main mill stand drives at its hot strip mill.

Nucor, SDI Share Q1 2022 Earnings Guidance

17 March 2022 - Both companies reported strong quarters throughout 2021 and in Q1 of 2022, they are expecting a quarter similar to their last quarters in 2021.

Commercial Metals Company Reports Record Second Quarter Earnings

17 March 2022 - Commercial Metals Company (CMC) earned US$383.3 million in revenue on net sales of US$2 billion in its fiscal second quarter, its second-best performance in the company’s history, according to an official press release.

U.S. Commerce Department Sets Preliminary Duties on Russian OCTG Imports

15 March 2022 - On Monday, the U.S. Department of Commerce issued a preliminary determination that affirms Russian exporters of oil country tubular goods (OCTG) received countervailable subsidies.

DeSHAZO Acquires Integrated Machinery Solutions

08 March 2022 - Integrated Machinery Solutions (IMS), located in Azle, Texas, USA, was acquired by DeSHAZO, according to a press release.

Advanced Gauging Technologies Receives First Order

08 March 2022 - Metals USA has placed an order with Advanced Gauging Technologies for their AGT Mult-Width™ Gauge.

Schnitzer Steel Launches Line of Net-Zero Carbon Products

08 March 2022 - The manufacturer of recycled metal products announced yesterday the launch of a line of net-zero carbon products from its Cascade Steel operation in McMinnville, Ore., USA

AZZ Buys Precoat Metals in US$1.28 Billion Deal

08 March 2022 - AZZ Inc. will acquire Sequa Corp.’s Precoat Metals division for approximately US$1.28 billion, the company announced yesterday.

Ryerson Acquires Sheet Metal Fabricator

02 March 2022 - Industrial metals processor and distributor Ryerson Holding Corp. announced today its acquisition of sheet metal fabricator Apogee Steel Fabrication Inc.

SDI, Rio Tinto, Nippon Steel Trading Back Renewable Biocarbon Producer

02 March 2022 - Aymium announced yesterday that it has secured Series B funding to support capacity expansion and increased deployment of its environmental technologies, with Steel Dynamics Inc., Rio Tinto and Nippon Steel Trading on board.

AZZ Inc. Acquires DAAM Galvanizing Co. Ltd.

02 March 2022 - AZZ Inc. announced yesterday that it has entered into an agreement to acquire Edmonton, Alta., Canada-based DAAM Galvanizing Co. Ltd.

U. S. Steel to Boost Pig Iron Production With US$60 Million Investment

28 February 2022 - United States Steel Corporation revealed this morning that it will spend US$60 million to scale up ironmaking capacity at its Gary Works facility in Indiana.

Tenova Tapped to Supply STC Furnace

23 February 2022 - Tenova has been contracted to supply a roller-hearth-type STC® (Short Time Cycle) furnace to Grand Blanc Processing.

Cleveland-Cliffs Shutters Indiana Harbor Blast Furnace #4

22 February 2022 - Cleveland-Cliffs Inc. will indefinitely idle blast furnace #4 at its Indiana Harbor integrated mill, the steelmaker announced yesterday.

Ternium Announces US$1 Billion Expansion to Mexican Operations

21 February 2022 - Ternium will invest US$1 billion to expand its rolling mill in Pesquería, Mexico, reports the Reuters news service.

Bill Gates-Backed Startup Aims to Power Heavy Industry With Renewable Thermal Batteries

18 February 2022 - Antora Energy, an energy startup committed to decarbonizing industries like steel through thermal battery technology, has received the financial backing of Bill Gates’ Breakthrough Energy Ventures, CNBC reports.

ArcelorMittal Dofasco Decarbonization Project Gets Additional Government Investment

16 February 2022 - The Government of Ontario is investing CA$500 million in the decarbonization project at ArcelorMittal Dofasco, the company announced yesterday.

Biden Administration Unveils Plans to Accelerate Clean Hydrogen Production

16 February 2022 - The White House yesterday announced the Biden administration is undertaking new actions to support American leadership on clean manufacturing, which will include ramping up the production of clean hydrogen.

Report: Follansbee Coke Plant to Close

15 February 2022 - In line with its corporate strategy to reduce its carbon footprint across its operations, Cleveland-Cliffs announced last week it is closing its Mountain State Carbon plant in Follansbee, W.Va., USA.

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