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North America

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

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Steel Import Permits Up 24% in March

07 April 2011 - Steel import applications reached a total of 2,378,000 net tons for the month of March, a 24% increase from the 1,914,000 permit tons recorded in February according to the latest report from AISI.

AK Steel Announces May 2011 Surcharges

05 April 2011 - AK Steel says it will add a $390 per ton surcharge to invoices for electrical steel products shipped in May 2011.

Schnitzer Reports Strong 2nd Quarter Fiscal 2011 Financial Results

05 April 2011 - Schnitzer Steel Industries reported $1.10 diluted earnings per share from continuing operations for its fiscal 2011 second quarter ended February 28, 2010, a 77% increase from $0.62 diluted earnings per share for the year-ago second quarter.

ArcelorMittal USA Receives Fourth ENERGY STAR Award

04 April 2011 - ArcelorMittal USA has earned the 2011 ENERGY STAR® Award for Sustained Excellence, marking the company's fourth consecutive year of receiving the award.

PBGC Responds to 2003-2004 National Steel Pension Concerns

04 April 2011 - The Pension Benefit Guaranty Corporation moved quickly to resolve problems described in a recent inspector general report on the takeover of National Steel’s pension plans in 2003.

RG Steel Plans for Restart of Former Severstal Facilities

04 April 2011 - RG Steel completes its stock purchase of three U.S. assets from Severstal US Holdings, LLC. Employees are being recalled to the Sparrows Point facility, with the blast furnace scheduled to become operational in May.

Macsteel Service Centers USA Adds New Facility in Florida

04 April 2011 - Macsteel Service Centers USA is expanding its business operations in the Southeast with the opening of a new 60,000-square-foot distribution center in Lakeland, Fla.

Worthington Reports Third Quarter Fiscal 2011 Results

01 April 2011 - Worthington Industries, Inc. reported net earnings of $26.3 million on net sales of $569.4 million for its fiscal 2011 third quarter ended February 28, 2011.

Severstal NA Completes Asset Sale, Accelerates Capital Improvements

01 April 2011 - Severstal North America has successfully completed the sale of its Warren, Wheeling, and Sparrows Point, assets to the Renco Group, and has also stepped up completion dates for some of its planned capital improvements at Dearborn and Columbus.

Grupo Simec Announces Republic’s Acquisition of Bluff City Assets

31 March 2011 - Grupo Simec, S. A. B. de C. V. subsidiary Republic Engineered Products Inc. has acquired the assets of Bluff City, which include heat treat and cold drawing facilities.

Latrobe Steel’s Vacuum Melted Metals Help Rescue Downed Airman

29 March 2011 - The V-22 Osprey, which features a unique tilt-rotor mechanism, uses many Latrobe premium alloys for critical components within the transmission gear boxes, rotor shafts and the engines.

Techint’s Paolo Rocca Named 2011 AIST Steelmaker of the Year

29 March 2011 - Paolo Rocca, CEO of the Techint Group and Chairman of its Tenaris and Ternium steel manufacturing operations, will be named “Steelmaker of the Year” at AISTech 2011, which takes place May 2-5 in Indianapolis.

ArcelorMittal, Nunavut and Baffinland Complete Plan of Arrangement

28 March 2011 - ArcelorMittal, Nunavut Iron Ore Acquisition Inc. and Baffinland Iron Mines Corp. have announced the completion of the court-approved plan of arrangement in which Acquireco acquired all outstanding Baffinland securities not already owned by it.

Carpenter Introduces New High Strength, High Toughness Alloy

25 March 2011 - Carpenter Technology unveils its newly-developed TEMPER TOUGH™ alloy, a new ultra high-strength steel alloy that is a lower-cost alternative to many cobalt-containing precipitation hardenable alloys.

Lakeside Steel to Build New Finishing Facility in Thomasville

25 March 2011 - Lakeside Steel Inc. has announced plans to build a new USD $7.5-million state-of-the-art end-finishing and heat treatment facility in Thomasville, Ala.

Stainless, Specialty Imports Finish 2010 Nearly 70% Above 2009

25 March 2011 - Total stainless imports reached 662,695 tons in YTD December 2010, a 69.6% increase compared to the comparable year-ago period, according to the latest report from SSINA. Total specialty imports reached 842,055 tons through the same period, a 70.4% increase compared to last year.

Preliminary Steel Imports Decline 16% in February

23 March 2011 - The U.S. imported a total of 1,777,000 net tons of steel in February, down 16% from January final data according to the latest report from AISI.

Northwest Pipe Reports 2010 Results

23 March 2011 - Northwest Pipe Company reported a net loss of $1.4 million on sales of $386.8 million for the year ended December 31, 2010.

Commercial Metals Sees Improved Outlook

23 March 2011 - Commercial Metals Co. reported a net loss of $46.2 million for the second quarter and a net loss of $45.5 million for the six months ended February 28, 2011.

World Crude Steel Production Dips Slightly in February 2011

22 March 2011 - World crude steel production for the 66 countries reporting to World Steel Association stood at an estimated 117 million tonnes for February 2011, 2.4% lower than the previous month (January 2011) and 8.8% higher in comparison with February 2010.

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