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North America

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

Latest News

Dietrich and ClarkWestern to Form Joint Venture

23 February 2011 - Worthington Industries reaches agreement in principle with Marubeni-Itochu Steel America to combine Dietrich Metal Framing and ClarkWestern Building Systems in a newly-formed joint venture. Worthington will acquire a 25% interest in the new joint venture.

Tenova Goodfellow, ArcelorMittal Dofasco to Collaborate on EAF Energy Project

23 February 2011 - Tenova Goodfellow has signed a contribution agreement with Sustainable Development Technology Canada to demonstrate the company’s proprietary “Next Gen Energy Efficiency Breakthrough Technology” System in collaboration with leading Canadian steel producer, ArcelorMittal Dofasco.

Metalico to Locate New Shredder at Former Bethlehem Site

22 February 2011 - Metalico has purchased a portion of the former Bethlehem Steel/Mittal complex in Western New York, including the abandoned galvanizing mill, as the site for a new shredder.

World Crude Steel Production Continues Rise in January 2011

22 February 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 119 million tonnes for January 2011 — 2.8% higher than the previous month (December 2010) and 5.3% higher in comparison with January 2010.

AK Steel Announces Stainless Steel Price Increase

21 February 2011 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on February 27, 2011.

John Deere Honors Nucor Cold Finish-Nebraska with Partner-Level Status

21 February 2011 - Nucor Cold Finish – Nebraska earns recognition as a Partner-level supplier for 2010 and was also named Enterprise Supply Management Supplier of the Year in the John Deere Achieving Excellence Program.

Posco-Mexico Achieves Qualification for Auto Outer Steel

18 February 2011 - Posco-Mexico has acquired qualification for outer steel plate of automobiles for the first time since it launched production of auto steel plates in August 2009.

Reliance Steel & Aluminum Reports 4th Quarter, Year End Results

18 February 2011 - Reliance Steel & Aluminum reported net income of $39.5 million on sales of $1.58 billion for the fourth quarter and net income of $194.4 million on sales of $6.31 billion for the year ended December 31, 2010.

U.S., Canadian Metals Shipments Surged in January

18 February 2011 - Shipments of steel and aluminum from metals service centers in the United States and Canada surged in January, according to MSCI’s latest Metals Activity Report.

Steel Technologies to Acquire NuPro Steel

17 February 2011 - Steel Technologies LLC has signed a Memorandum of Understanding to acquire the business and certain assets of Crawfordsville, Ind.-based NuPro Steel, LLC.

Nucor Awards Tenova HYL Contract for World’s Largest DR Plant

17 February 2011 - Nucor has signed a contract with Tenova HYL for the world’s largest single DR module ever to be constructed. The 2.5 million ton per year, Louisiana-based Energiron ZR plant will supply DR to Nucor’s other steelmaking facilities.

December Steel Shipments up 8.6% from November

17 February 2011 - U.S. steel mills shipped 7,111,031 net tons for the month of December 2010, an 8.6% increase from the 6,549,025 net tons shipped in the previous month and a 17.8% increase from the 6,034,538 net tons shipped in December 2009, according to the latest report from AISI.

Chinese Boron-Added Plate Held Subject to Antidumping Order

17 February 2011 - The Department of Commerce has issued an affirmative preliminary circumvention ruling determining that Chinese imports of cut-to-length carbon steel plate that include insignificant amounts of boron are subject to the antidumping duty order on CTL plate.

ALJ Announces 1st Quarter Earnings, Repurchase of Preferred Shares

16 February 2011 - ALJ, the parent company of Kentucky Electric Steel, reported net income of $662,510 on net sales of $32.674 million for the fiscal first quarter ended December 31, 2010.

Worthington Industries, Gestamp to Form Wind Tower JV

16 February 2011 - Worthington Energy Group has signed a memorandum of understanding with Gestamp Renewables group to create a 50-50 joint venture that will focus on producing towers for wind turbines being constructed in the North American market.

Metals USA Holdings Announces Department of Defense Contract Award

15 February 2011 - The Defense Logistics Agency has exercised its option to extend the existing Metals Prime Vendor contract with Metals USA Holdings Corp. to supply the Southeast Region of the United States.

The Carlyle Group Sells Majority Stake in JMC Steel Group

15 February 2011 - The Carlyle Group and JMC Steel Group have signed a definitive agreement whereby Carlyle will sell its majority stake in JMC to the Zekelman family, which currently owns a minority stake.

PSI Metals Establishes Subsidiary in the USA

14 February 2011 - PSI has founded PSI Metals North America, which will support PSI customers in Canada and the USA from its location in Pittsburgh and at the same time strengthen sales activities in North America.

California Steel Industries Reports Q4, Full Year 2010 Results

11 February 2011 - California Steel Industries reported a net loss of $5.5 million on net sales of $227.9 million for the fourth quarter, and net income of $25.4 million on net sales of $1.08 billion for the year ended December 31, 2010.

Republic Engineered Products Expands Capacity at Lackawanna, Canton

11 February 2011 - Republic Engineered Products announced that its new $20-million precision sizing mill at Lackawanna rolling operation is fully operational. The company also has begun using additional capacity at its Canton FlexCast Facility to produce 9.75- X 7.50-inch blooms.

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