North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Nucor Announces Guidance for Its Second Quarter Earnings
13 June 2012 - Nucor Corporation announced guidance for its second quarter ending June 30, 2012. Nucor expects second quarter results to be in the range of US$0.35 to $0.40 per diluted share. This performance, excluding an expected impairment charge, is somewhat below the qualitative guidance presented in its first quarter earnings release and conference call.
Canacero Monitoring Unfair Steel Imports into Mexico
13 June 2012 - Mexico's steel and iron ore association, Canacero, has started to monitor steel imports through a new program which aims to detect and fight unfairly undervalued transactions.
Outokumpu Faces In-Depth EU Antitrust Review of Inoxum Deal
13 June 2012 - Outokumpu Oyj faces an in-depth review by European Union regulators of its bid for ThyssenKrupp AG’s Inoxum stainless steel division in a deal that would create Europe’s largest maker of the alloy.
SSAB Starts Production at Axis Expansion
13 June 2012 - SSAB announced that the US$220 million expansion of its Axis, Ala., steel mill is nearly complete and recently began production.
2011–2013 FeMET, StEEL and Premier Scholarships Awarded
12 June 2012 - The American Iron and Steel Institute (AISI) and the Association for Iron & Steel Technology Foundation's "Ferrous Metallurgy Education Today," or FeMET Initiative, and "Steel Engineering Education Link," or StEEL Scholarship program, both aimed at attracting top talent to the North American steel industry, have awarded scholarships of US$5,000 to third-year students from leading North American colleges for the 2011–2013 academic years.
AISI Receives US$7.1 Million for Research on Breakthrough Technologies
12 June 2012 - An American Iron and Steel Institute (AISI) project proposal to be conducted in collaboration with the University of Utah has been selected by the Department of Energy’s Innovative Manufacturing Initiative for a US$7.1 million award.
Posco, GE Sign Pact to Cooperate in Energy Development
12 June 2012 - Posco has signed an initial agreement with General Electric Co. to cooperate in energy development overseas and power plant business.
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11 June 2012 - This story is still great.
Essar Steel Algoma Reports Positive Results for Fiscal Year 2012
11 June 2012 - Essar Steel Algoma reported net income of C$38.1 million for the fiscal year ended March 31, 2012. For the three month period ending March 31, 2012, the company reported a net loss of C$18.0 million. The improvement over fiscal year 2011 was primarily attributable to increased volumes, higher selling prices, a favorable product mix, and lower costs.
RG Idles Coke Batteries at Mountain State Carbon
09 June 2012 - Three coke batteries have been put on hot idle at Mountain State Carbon LLC, and about 200 unionized workers at the joint venture of RG Steel LLC and Severstal North America Inc. are being laid off, according to a local union official.
AK Steel Receives "Metallic Supplier of the Year" Award from Chrysler Group LLC
08 June 2012 - AK Steel has received the Metallic "Supplier of the Year" award from Chrysler Group LLC. The award recognizes AK Steel for extraordinary performance in 2011, and positions AK Steel among an elite group of Chrysler's top suppliers.
Harsco Announces Executive Appointments
07 June 2012 - Global industrial services and engineered products company Harsco Corp. announced the appointment of Mark E. Kimmel as Harsco senior vice president and president of the company's global Harsco Infrastructure business group.
Finished Steel Imports in May Were Near 2012 Peak Monthly Level; Import Market Share Remains at 24%
06 June 2012 - Based on the U.S. Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of May totaled 2,895,000 net tons (NT).
Stockholders Re-Elect Seven Incumbents to TMS International Corp. Board of Directors
06 June 2012 - The stockholders of TMS International Corp., the parent company of Tube City IMS Corp., re-elected seven incumbents to the company's Board of Directors at its annual stockholder meeting today in Pittsburgh, Pa.
RG Steel Begins Shutdown
05 June 2012 - A total of 263 union workers at RG Steel's Warren steel mill have been laid off as the plant finishes filling customer orders before being shut down, a union leader said Monday, 4 June.
American Metal Market Steel Awards for Excellence Dinner and Hall of Fame Celebration
05 June 2012 - American Metal Market has announced the finalists for the 2012 Awards for Steel Excellence, as well as the newly launched Steel Hall of Fame and its inductees.
Commercial Metals Company Announces Completion of Sale of Croatian Pipe Mill
04 June 2012 - Commercial Metals Company announced the completion of the sale of its Croatian Pipe Mill and wholly owned subsidiary, CMC Sisak, d.o.o., pursuant to a definitive purchase agreement whereby CMC sold all of the outstanding shares of CMC Sisak to the Danieli Group – Steel Making Division.
AK Tube Plant Recognized for Outstanding Safety Performance
03 June 2012 - The Walbridge, Ohio, plant of AK Tube LLC, a subsidiary of AK Steel, has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.
Michael Wallis Succeeds Ulrich Albrecht-Frueh as Chief Executive Officer of ThyssenKrupp Stainless USA
03 June 2012 - ThyssenKrupp Stainless USA LLC announced the appointment of Michael Wallis as chief executive officer of the company in Calvert, Ala., effective 15 June 2012.
Republic Steel Breaks Ground on New EAF at Lorain
02 June 2012 - Republic Steel announced that contracts have been awarded and construction is under way for the new electric arc furnace and related equipment at its Lorain, Ohio, steelmaking facility. The company expects the first heat of steel from the new facility to be tapped during the second quarter of 2013.
