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North America

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

Latest News

World Crude Steel Utilization Dips in July 2011

23 August 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 127.48 million tonnes for July 2011, 0.2% lower than the previous month (June 2011) and 11.5% higher in comparison with July 2010.

Universal Completes Purchase of Patriot Special Metals

22 August 2011 - Universal Stainless & Alloy Products has completed its purchase of Patriot Special Metals, a nearly completed Greenfield facility located in North Jackson, Ohio.

Severstal NA Starts up New Cold Mill Complex at Dearborn

19 August 2011 - Severstal North America has successfully launched a new five-stand, six-high, 72-in-wide coupled pickle line tandem cold mill at its plant in Dearborn, Mich. The new facility is expected to ramp up to full capacity of 2.1 million net tons within six months.

TMS International Announces New Board Chairman

18 August 2011 - TMS International Corp., the parent company of Tube City IMS Corp., announced the election of Joseph Curtin to serve as Chairman of the TMS Board of Directors effective August 16, 2011.

EMCOR to Upgrade Electrical System for Indiana Harbor HSM

18 August 2011 - ArcelorMittal has awarded a contract to EMCOR Group subsidiary EMCOR Hyre Electric to upgrade the electrical systems for the company’s Indiana Harbor facility in East Chicago, Ind.

Keystone to Withdraw Registration Statement for Subscription Rights Offering

18 August 2011 - Keystone Consolidated Industries has decided not to proceed with its proposed subscription rights offering following the purchase of 1.55 million shares of Keystone common stock in a private transaction by majority shareholder Contran.

June Steel Shipments up 3.5% From May

18 August 2011 - U.S. steel mills shipped 7,639,108 net tons for the month of June 2011, a 3.5% increase from the previous month’s shipments according to the latest report from AISI.

PBGC Negotiates Pension Funding for Sand Springs Workers

17 August 2011 - The Pension Benefit Guaranty Corporation has reached an agreement with Gerdau that will add $18.6 million in additional pension funding covering more than 780 workers and retirees in Sand Springs, Okla.

Enviance to Provide Environmental System for ArcelorMittal USA

17 August 2011 - ArcelorMittal USA has selected Enviance, Inc.’s cloud-based software to manage data for air emissions, greenhouse gas (GHG) inventory, material safety data sheets (MSDS), water and waste.

Growth in Metal Shipments Continues to Slow

17 August 2011 - Service center shipments increased from year-ago levels, but growth rates continue to slow from earlier this year for both steel and aluminum in Canada and for steel in the U.S., according to the latest Metals Activity Report from the Metals Service Center Institute. Aluminum shipments in the U.S. declined slightly from July 2010.

NDC Infrared Engineering Acquires IRM Group SA

16 August 2011 - NDC Infrared Engineering has acquired the IRM Group, a leading manufacturer of high-technology measuring systems for the metals industries.

ALJ Reports Third Quarter Results

16 August 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported net income of $2.5 million on revenue of $43.2 million for the third quarter and net income of $5.5 million on revenue of $116.1 million for the nine months ended June 30, 2011.

Essar Steel Algoma Reports 1st Quarter Net Income

12 August 2011 - Essar Steel Algoma reported net income of $33.2 million on revenue of $566.0 million for the fiscal first quarter ended June 30, 2011.

Essar Steel Algoma Reports 1st Quarter Net Income

12 August 2011 - Essar Steel Algoma reported net income of $33.2 million on revenue of $566.0 million for the fiscal first quarter ended June 30, 2011.

AK Steel Announces Carbon Steel Price Increase

11 August 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products.

Steel Technologies to Expand Operations in Mexico

11 August 2011 - The Pesqueria Municipality in Mexico has authorized for industrial use a Greenfield site previously announced by Steel Technologies LLC as the location for its new flat-rolled steel processing and pickling operation in Monterrey.

Horsehead Reports Second Quarter 2011 Earnings

10 August 2011 - Horsehead Holding Corp. reported that consolidated net earnings were $6.3 million, or $0.14 per diluted share, for the second quarter of 2011, a 9.7% increase over the same period in 2010. This figure excludes noncash mark-to-market adjustments after taxes.

FTC Requests Additional Info Regarding Carpenter’s Acquisition of Latrobe

09 August 2011 - The U.S. Federal Trade Commission has submitted requests to both Carpenter Technology and Latrobe Specialty Metals for additional information regarding Carpenter's pending acquisition of Latrobe.

Main Steel Expands Senior Management Team

09 August 2011 - Main Steel Polishing Co., Inc. announces that Jim Stephens joins the company as Vice President of Sales and Carl "Bud" Horstmeyer joins the company as General Manager of the company’s Atlanta, Ga., facility.

Northwest Pipe Reports Q2 2011 Results

08 August 2011 - Northwest Pipe Co. announced net income of $5.4 million on net sales of $143.8 million for the second quarter, and net income of $8.9 million on net sales of $255.3 million for the first six months of 2011.

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