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North America

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

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Metals USA Reports 2010 Year-End Results

02 February 2011 - Metals USA Holdings Corp. reported net income of $3.1 million on net sales of $323.9 million for the fourth quarter and net income of $11.5 million on net sales of $1,292.1 million for the year ended December 31, 2010.

AIST Presents 2010 Reliability Achievement Awards

02 February 2011 - AIST recently presented the 2010 Gold, Silver and Bronze Reliability Achievement Awards at a joint meeting of the Maintenance and Reliability, Hot Sheet Rolling and Rolls Technology Committees in Mobile, Ala.

Timken to Invest $35 Million at Faircrest Steel Plant

02 February 2011 - Timken has announced plans to invest approximately $35 million to install a high-volume, in-line forge press at its Faircrest rolling mill facility in Canton, Ohio.

Lakeside Steel Completes Removal of PCB Waste from Welland Site

01 February 2011 - Lakeside Steel Inc. has completed the removal of PCB materials previously stored onsite at the Welland, Ont., facility of its wholly-owned subsidiary, Lakeside Steel Corp.

Sunoco Reaches Settlement with ArcelorMittal on Coke Pricing Litigation

01 February 2011 - Sunoco says it will move forward with the planned separation of SunCoke Energy now that it has reached an agreement with ArcelorMittal resolving the lawsuit over coke pricing for the Jewell facility.

Nucor Announces New Development in St. James Parish Project

28 January 2011 - The Louisiana Department of Environmental Quality has issued an air quality permit for Nucor Corp.’s direct reduced iron making facility that will be located in St. James Parish, La. The facility could ultimately lead to construction of a coke plant, blast furnace, pellet plant and steel mill.

Nucor Reports 4th Quarter, Full Year 2010 Results

28 January 2011 - Nucor Corp. reported a consolidated net loss of $11.4 million on consolidated net sales of $3.85 billion for the fourth quarter and consolidated net earnings of $134.1 million on consolidated net sales of $15.84 billion for the full year 2010.

Northwest Pipe Facility Earns ISO Certification, API License

27 January 2011 - Northwest Pipe recently completed the American Petroleum Institute's audit for 5L and 5CT at its Bossier City facility, which manufactures electric resistance welded steel pipe for the company's Tubular Products Group.

Allegheny Technologies Announces 4th Quarter, Full-Year 2010 Results

27 January 2011 - Allegheny Technologies Inc. reported net income of $15.1 million on sales of $1.04 billion for the fourth quarter and net income of $70.7 million on sales of $4.05 billion for the full year 2010.

Preliminary 2010 Steel Imports up 47% vs. 2009

26 January 2011 - The U.S. imported a total 1,811,000 net tons of steel in December, up 1% from November final data, according to the latest report from AISI. The total included 1,445,000 net tons of finished steel, down 3% from November final data.

Essar Steel Algoma Reports Temporary Blast Furnace Outage

26 January 2011 - Essar Steel Algoma announces an operating failure of its No. 7 Blast Furnace cause by a cooling water leak. The furnace is expected to return to full production within ten days.

AK Steel Reports Q4, Full-Year 2010 Results

26 January 2011 - AK Steel reported a net loss of $98.3 million on net sales of $1,390.6 million for the fourth quarter, and a net loss of $128.9 million on net sales of $5,968.3 million for the full year 2010.

U.S. Steel Reports 2010 4th Quarter, Full-Year Results

26 January 2011 - United States Steel Corp. reported a net loss of $249 million on net sales of $4.3 billion for the fourth quarter, and a net loss of $482 million on net sales of $17.37 billion for the full year 2010.

Steel Dynamics Reports 4th Quarter, Full Year Results

25 January 2011 - Steel Dynamics, Inc. announced net income of $8 million on net sales of $1.5 billion for the fourth quarter and net income of $141 million on net sales of $6.3 billion for the full year 2010.

YTD Stainless, Specialty Imports Holding Steady through October

24 January 2011 - Total stainless steel imports reached 532,053tons in YTD October 2010, a 72.3% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel reached 677,843tons through the same period, a 71.2% increase compared to the comparable year-ago period.

2010 World Crude Steel Production Finishes 15% Ahead of 2009

24 January 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 116.2 million tonnes in December 2010 — a 1.3% increase from the previous month (November 2010). Full-year production, at 1395.46 million tonnes, reflects a 15.2% increase over 2009.

AK Steel Announces Carbon Steel Price Increase

21 January 2011 - AK Steel announced plans to increase current spot market base prices by $50 per ton for all carbon flat-rolled steel products, effective immediately with new orders.

Evraz to Relocate North American Headquarters to Chicago

21 January 2011 - Evraz Inc. NA will relocate its headquarters to Chicago, Ill., this June, saying the new location offers logistical advantages that will provide easier access to customers, manufacturing operations and its employees across North America.

Severstal Wins Patent Infringement Lawsuit

20 January 2011 - Severstal North America has achieved a favorable decision in the patent infringement lawsuit by ArcelorMittal France and ArcelorMittal Atlantique et Lorraine regarding technologies used in the production of aluminum-coated, boron-bearing carbon steel for high-strength automotive applications.

Shaw to Provide M&R Services for AK Steel Rockport Works

20 January 2011 - AK Steel has contracted Shaw Group Inc. to provide maintenance and reliability engineering services to the company’s Rockport Works steel processing facility beginning in March of this year.

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