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North America

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

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First Heat in 100 Years Acutely Significant for Southside Chicagoland Steel

11 November 2011 - A. Finkl & Sons, with the help of Great Lakes Mechanical Services in Crete, Ill., and SMS Siemag, recently celebrated the first heat of steel from a new steel forging furnace on the southside of Chicago.

Essar Steel Algoma Reports Positive Quarterly Results

10 November 2011 - Essar Steel Algoma reported a net income of $73.7 million on revenue of $555.3 million and shipments of 673,640 tons for the three-month period ending September 30, 2011.

Stainless Imports up 35% Through YTD August 2011

10 November 2011 - Total stainless imports reached 557,407 tons through YTD August 2011, a 34.4% increase compared to YTD August 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 704,798 tons through the same period, a 33.7% increase.

AK Steel Announces Carbon Steel Price Increase

09 November 2011 - AK Steel announces plans to increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders.

Olympic Steel Reports Record Third Quarter Net Sales

09 November 2011 - Olympic Steel, Inc. reported net income of $6.1 million on record net sales of $348.5 million for the third quarter, and net income of $24.4 million on net sales of $941.9 million for the nine months ended September 30, 2011.

Horsehead Announces Third Quarter 2011 Earnings

08 November 2011 - Horsehead Holding Corp. reported consolidated net earnings of $23.1 million ($0.52 per diluted share) for the third quarter of 2011.

MSA to Develop Process Benchmarker Platform for AIST

08 November 2011 - Management Science Associates Inc.’s Metals and Advanced Manufacturing Division has received a contract to design and implement a Web-based platform and service for benchmarking operational performance metrics for the Technology Committees of the Association for Iron & Steel Technology.

Air Liquide Starts Up New Air Separation Unit at Rancho Cucamonga

08 November 2011 - Air Liquide Industrial U.S. LP celebrated this week the start-up of new Air Separation Unit at its facility in Rancho Cucamonga, Calif.

Cliffs Natural Resources Reports on Sustainability Progress

04 November 2011 - Cliffs Natural Resources has released its third sustainability report, which provides a comprehensive look at Cliffs' business and describes the company's goals, progress and outcomes in four key areas of corporate responsibility: corporate governance, environment, community and economic value.

Russel Metals Announces Third Quarter Results

04 November 2011 - Russel Metals announced earnings of $26 million on revenues of $705 million for the third quarter, and net earnings of $90 million on revenues of $2.0 billion for the nine months ended September 30, 2011.

Canadian Auto Workers Local Ratifies Contract with Lakeside Steel

04 November 2011 - Members of the Canadian Auto Workers, Local 523, the union representing employees at the Welland, Ont., facilities of Lakeside Steel Corp. have ratified a new three-year collective agreement.

Don B. Daily Memorial Fund Selects Recipients

03 November 2011 - The Steel Manufacturers Association (SMA) and the Association for Iron & Steel Technology (AIST) Foundation are proud to announce the first-year recipients of the newly established Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.

First Heat in 100 Years for Southside Chicagoland Steel

03 November 2011 - A. Finkl & Sons, with the help of Great Lakes Mechanical Services and SMS Diemag, recently celebrated the first heat of a new steel-forging furnace in over 100 years on the southside of Chicago.

Steel Import Market Share Still at 22% in October Despite 3% Dip in Import Permits

03 November 2011 - Steel import permit applications totaled 2,192,000 net tons for the month of October, a 3% decrease from the 2,269,000 permit tons recorded in September according to the latest report from AISI.

Lakeside Reaches Tentative Agreement with Canadian Auto Workers

02 November 2011 - Lakeside Steel Inc. has reached a tentative agreement with the Canadian Auto Workers, Local 523 representing approximately 350 employees of Lakeside Steel Corp.

FeMET Grants for 2011-2012 Awarded

02 November 2011 - The AIST Foundation and the American Iron and Steel Institute’s “Ferrous Metallurgy Education Today,” or FeMET Initiative has awarded its grants for the 2011–2012 academic year.

Carpenter Technology Reports First Quarter Results

01 November 2011 - Carpenter Technology Corp. reported net income attributable to Carpenter of $23.8 million ($0.53 per share) on net sales of $414.1 million for the quarter ended September 30, 2011.

U.S. Steel Chairman Elected to National Safety Council Board

01 November 2011 - The National Safety Council announced the election of U.S. Steel Chairman and CEO John P. Surma and three other new members to its Board of Directors.

Commerce Preliminarily Finds Dumping of Galvanized Wire from China, Mexico

31 October 2011 - The Department of Commerce preliminarily determined that Chinese and Mexican producers/exporters have sold galvanized steel wire in the United States at margins ranging from 76.34 to 235.00%, and 37.87 to 61.54%, respectively.

Reliance Steel & Aluminum Reports Third Quarter Results

31 October 2011 - Reliance Steel & Aluminum reported net income of $84.9 million on sales of $2.14 billion for the third quarter and net income of $275.9 million on sales of $6.10 billion for the nine months ended September 30, 2011.

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