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North America

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

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World Crude Steel Production Continues to Climb through October

22 November 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 117.56 million tonnes in October 2010 — a 5.2% increase from the previous month (September 2010) and a 2.4% increase vs. October 2009.

YTD Specialty Steel Imports up More than 75% through August

19 November 2010 - Total stainless steel imports reached 414,880 tons in YTD August 2010, a 76.6% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel reached 527,245 tons through the same period, up 71.1%.

Allegheny Technologies to Acquire Ladish

18 November 2010 - Allegheny Technologies Inc. (ATI) and Ladish Co., Inc. have entered into a definitive merger agreement whereby ATI will acquire Ladish for an aggregate fully distributed equity value of approximately $778 million. The transaction is expected to be completed in early 2011.

September Steel Shipments down 1.2% from August

17 November 2010 - U.S. steel mills shipped 7,140,369 net tons for the month of September 2010, a 1.2% decrease from the previous month’s shipments and a 23.3% increase from the 5,792,608 net tons shipped in September 2009, according to the latest report from AISI.

Metal Shipments Continue Growth Trend in October

17 November 2010 - North American metals service center shipments continued to increase at robust rates in October, according to the Metals Activity Report from the Metals Service Center Institute. Inventory-to-sales ratios remained stable for both steel and aluminum in the U.S. and Canada.

AK Steel Receives Environmental Award from Honda

16 November 2010 - AK Steel has received Honda's Green Factory Environmental Achievement Award in the category of Conservation of Natural Resources. The award recognizes the company’s ongoing environmental restoration efforts at its steel plant in Coshocton, Ohio.

SSAB Breaks Ground on New Alabama Heat Treat Facility

16 November 2010 - SSAB celebrated this week the groundbreaking ceremony for its new Q&T heat treating facility on the site of its existing steel mill in Mobile County, Ala.

AISI Welcomes Gerdau Ameristeel as Newest Member

12 November 2010 - The American Iron and Steel Institute is welcoming Gerdau Ameristeel - North America’s fourth-largest steel company - as its newest member.

Praxair Technology Helps ArcelorMittal Win AIST Award

11 November 2010 - Praxair, Inc. announced that its Dilute Oxygen Combustion (DOC) technology, installed at ArcelorMittal in Indiana, contributed to the steelmaker receiving the 2010 Energy Achievement Award from the Association for Iron & Steel Technology (AIST).

Algoma’s Plastino Announces Retirement

11 November 2010 - Essar Steel Algoma Chief Executive Officer Armando Plastino has announced his intention to retire effective November 30, 2010. Plastino has over 38 years of service to the company.

Essar Steel Algoma Reports 2nd Quarter Results

11 November 2010 - Essar Steel Algoma reported a net loss of $39.6 million on sales of $469.9 million for the quarter ended September 30, 2010.

Severstal Extends Idling of Sparrows Point Mill Operations

10 November 2010 - Severstal North America is extending the idling of its primary and hot mill operations at the company’s Sparrows Point Mill through the first quarter of 2011. Sparrows Point will continue to provide product to a limited number of its cold-roll and coated-products customers.

U. S. Steel Tubular Products Honors 2010 Chief Roughneck Awardee

10 November 2010 - U. S. Steel Tubular Products has named Aubrey K. McClendon, Chairman of the Board and Chief Executive Officer of Chesapeake Energy as the recipient of its Chief Roughneck Award for 2010.

Severstal NA to Increase Flat Rolled Prices

10 November 2010 - Severstal NA announced plans to increase prices immediately by a minimum of $40 per ton for all hot rolled, cold rolled, and galvanized products. The company also is planning to revise pricing for all new orders promised for January 1, 2011 and later.

Olympic Steel Orders Temper Mill, Cut-to-Length Line for Gary Site

10 November 2010 - Olympic Steel, Inc. has signed agreements to purchase a new temper mill and cut-to-length line; the company plans to locate it on U.S. Steel’s Gary Works facility in Gary, Ind. The temper mill equipment is expected to be operational in the first half of 2012.

AIST Presents Don B. Daily Safety Award to Gerdau Manager

10 November 2010 - AIST and its Safety and Health Technology Committee presented the 2010 Don B. Daily Safety Award to Matt D. Moore, Manager – Gerdau Ameristeel Cartersville, for his presentation, “Leveraging Near Misses into Improved Performance.”

OSHA Fines Republic Engineered Products

09 November 2010 - The U.S. Department of Labor's Occupational Safety and Health Administration has cited Republic Engineered Products Inc. with one alleged willful, four repeat, and eight serious safety violations for exposing its workers to fall hazards, failing to provide protective equipment, and failing to maintain equipment at its Lorain, Ohio, facility.

Canadian Steelworkers Critical of U.S. Steel Lockout

09 November 2010 - U.S. Steel recently locked out 900 workers at its Hamilton Works facility for refusing “major, unilateral contract concessions,” according to Canadian steelworkers. The cuts include pension changes that also would affect 9000 retired workers receiving pensions.

AK Steel to Increase Carbon Steel Prices

08 November 2010 - AK Steel will increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders.

Mill Steel to be Honored on National Philanthropy Day

05 November 2010 - Mill Steel Co. will be honored by the West Michigan Chapter of the Association of Fundraising Professionals on Nov. 9—National Philanthropy Day—for its long-term partnership with D.A. Blodgett – St. John’s Big Brother Big Sister mentoring programs. The company is being honored in the “Outstanding Corporation” category.

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