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North America

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

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Stainless Steel Imports up 60% Through May 2010

23 August 2010 - Total stainless steel imports reached 235,739 tons in YTD May 2010, 60.0% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel imports were up 46.7% through the same period.

Olympic Steel Recognized for Workplace Safety and Health Excellence

19 August 2010 - Olympic Steel has received an award from the Michigan Occupational Safety and Health Administration in recognition of the exemplary safety and health management program at its Detroit, Mich., facility.

Ryerson Opens New Mexican Service Center

19 August 2010 - Ryerson Inc. has opened a new service center in Monterrey, Nuevo Leon, Mexico. Expected to begin operations August 30, 2010, the facility will serve as a general line service center and carry a range of carbon, aluminum, and stainless steel products in different shapes.

Illinois EPA Announces Loan to Clean Up Northwestern Steel and Wire Site

18 August 2010 - Illinois EPA Director Doug Scott and other state and local officials have announced the approval of a $1 million Illinois Brownfields Revolving Loan Fund award to the City of Sterling to mitigate asbestos contamination at the former Northwestern Steel and Wire Plant 1 site and to ready it for redevelopment.

Metal Shipment Growth Rate Slows in July 2010

18 August 2010 - The rate of growth of steel and aluminum shipments from metals service centers in the United States and Canada slowed in July, according to the latest Metals Activity Report from the Metals Service Center Institute. Inventories of both metals increased in both countries.

ALJ Announces 3rd Quarter Earnings

18 August 2010 - ALJ, the parent company of Kentucky Electric, reported net income of $4.49 million on net sales of $30.97 million for the third quarter, and net income of $5.22 million on net sales of $80.45 million for the nine months ended June 30, 2010.

June Steel Shipments Dip Slightly from May

17 August 2010 - U.S. steel mills shipped 7,292,203 net tons for the month of June 2010, a 0.7% decrease from net tons shipped in the previous month and a 52.0% increase from net tons shipped in June 2009, according to the latest report from AISI.

Essar Steel Algoma Reports Results for 1st Quarter of Fiscal 2011

16 August 2010 - Essar Steel Algoma reported a net income of $39.7 million on sales of $475.7 million for the quarter ended June 30, 2010.

Timken to Invest $50 Million in Ohio Steel Plants

13 August 2010 - Timken announces plans to invest approximately $50 million for the installation of a new intermediate finishing line at its Gambrinus Steel Plant and expansion of the steel lay-down yard at the small-bar mill at its Harrison Steel Plant.

OSHA Fines Wisconsin Polishing and Plating for Health Violations

12 August 2010 - The U.S. Department of Labor's Occupational Safety and Health Administration has cited Wisconsin Polishing and Plating Inc. of West Allis, Wis., with $75,400 in proposed penalties for allowing workers to be overexposed to chromium and chromic acid.

Russel Metals Reports Stronger Q2 2010 Net Earnings

12 August 2010 - Russel Metals Inc. announced second-quarter earnings of $19 million, or $0.31 per share, an improvement of $0.28 per share from the first quarter of 2010. These results were stronger than both the comparable adjusted net earnings for the second quarter of 2009 of $0.10 per share and the reported loss of $0.41 per share.

Outokumpu Completes Quarto Plate Upgrades at New Castle

12 August 2010 - Outokumpu will soon unveil recently completed upgrades to its North American quarto plate facility in New Castle, Ind., including a new plate finishing line and improvements to the existing 120-inch wide line.

TMK IPSCO Opens New Sales Office in Canada

11 August 2010 - Steel tubular manufacturer TMK IPSCO recently opened a Sales Office in Calgary, Alberta, to serve as its Canadian headquarters for sales. The new office will also support customers in the development of the oil sands in Western Canada.

State Specifies Air Quality Upgrades for Evraz Claymont Steel

11 August 2010 - Delaware’s Department of Natural Resources and Environmental Control has signed a Consent Decree with Evraz Inc. North America regarding air quality control technologies at Evraz Claymont Steel.

Ryerson Continues Southwest U.S. Expansion via Acquisition

10 August 2010 - Ryerson Inc. has acquired SFI-Gray Steel Inc., a steel plate processor based in Houston, Tex., as part of its ongoing initiative to expand product and service offering in this market.

CMC Announces Management Promotions

10 August 2010 - Commercial Metals Co.'s Board of Directors has promoted four officers, all of whom had previously been elected a Vice President of CMC. They will now serve as Senior Vice President in addition to their existing titles reflecting specific areas of responsibility.

Commerce Preliminarily Finds Unfair Dumping of Drill Pipe from China

09 August 2010 - The Department of Commerce has preliminarily determined that Chinese producers/exporters have sold drill pipe in the United States at margins ranging between 0.00 (de minimis) and 429.29%.

Keystone Reports Q2 2010 Results

09 August 2010 - Keystone Consolidated Industries, Inc. reported net income of $6.7 million, or $0.56 per diluted share, in the second quarter of 2010 vs. net income of $1.0 million, or $0.08 per diluted share, for the same period last year. Sales volume was also significantly higher, resulting in more normal production schedules throughout the quarter.

Severstal Columbus Adds Campus Partners to Expand Services

06 August 2010 - Severstal Columbus LLC welcomes two new downstream campus partners to its Lowndes County facility. Mississippi Steel Processing and New Process Steel are constructing facilities that will each begin operation late in the first quarter of 2011.

Nucor Exec Reappointed to United States Manufacturing Council

06 August 2010 - Nucor Corp. Chairman, President, and CEO Daniel R. DiMicco has been reappointed to serve on the United States Manufacturing Council. He has served on this board for the past two years as a liaison between the federal government and the country's manufacturing sector.

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