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North America

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

Latest News

PGT Trucking Signs LOI With Nikola for 100 FCEV Trucks

28 October 2021 - Nikola Corp., a provider of zero-emissions transportation solutions, announced its collaboration with PGT Trucking Inc. (PGT), which includes a Letter of Intent (LOI) to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles (FCEVs).

Algoma Chief Commercial Officer to Retire in 2022; New Vice President Sales Named

27 October 2021 - Canadian steelmaker Algoma announced today that its chief commercial officer, Robert Dionisi, will retire next May after a 42-year career with the company.

Smart Steel Technologies Sets Up Shop in U.S.

26 October 2021 - The provider of artificial intelligence applications announced the opening of its North American branch in Cincinnati, Ohio, USA.

Cleveland-Cliffs Announces Record Third-Quarter Results

22 October 2021 - The company today reported consolidated revenues of US$6 billion and net income of US$1.3 billion for the quarter ending 30 September 2021.

Nucor Reports Record Quarter, Expects Another

21 October 2021 - Nucor Corp. has reported record earnings in each consecutive quarter in 2021, and the company announced today it expects the same for the fourth quarter and possibly into 2022, citing strong demand and higher average selling prices.

Algoma Once Again Is a Publicly Traded Company

20 October 2021 - Algoma Steel and the entity created to buy the Canadian steel producer have finalized the sale, marking the start of a new chapter for Algoma.

SDI Reports Record Third Quarter

20 October 2021 - In an investors call earlier this week, Steel Dynamics Inc. (SDI) chairman and chief executive Mark Millett said the company saw third-quarter net sales of a record US$5.1 billion and net earnings of US$991 million.

Tenaris Brings Baytown Back On-Line

20 October 2021 - The company announced earlier this week it has restarted its plant in Baytown, Texas, USA, the latest in a series of restarts within the company.

SDI to Acquire Minority Interest in New Process Steel

18 October 2021 - Steel Dynamics Inc. (SDI) announced in a press release that it has entered into an agreement to acquire a 45% minority interest in Houston, Texas, USA-based metals solutions provider New Process Steel L.P.

Bighorn Solar Project Dedicated at EVRAZ Rocky Mountain Steel

13 October 2021 - Together with global solar leader Lightsource bp and Xcel Energy, EVRAZ North America today unveiled its new 300-MW Bighorn Solar project, making it the world’s first steel mill to be powered predominantly by solar energy.

Cleveland-Cliffs Announces Acquisition of Scrap Business

11 October 2021 - Cleveland-Cliffs Inc. announced today in a press release that it has entered into a definitive agreement to acquire Detroit, Mich., USA-based Ferrous Processing and Trading Co. (FPT), for approximately US$775 million.

Nucor Fastener Acquires Coil Processing Facility

06 October 2021 - Nucor Corp. announced today that its Nucor Fastener division is expanding with the acquisition of a state-of-the-art coil processing facility in Shelbyville, Ind., USA.

UAW Ratifies New Contract With Cleveland-Cliffs’ Rockport Works

06 October 2021 - Cleveland-Cliffs Inc. announced Monday that a new three-year contract has been ratified by employees represented by the United Auto Workers (UAW) Local 3044 at its Rockport Works facility in Indiana.

Regal Merges With Rexnord PMC

05 October 2021 - Electric motors, controls and power generation products provider Regal Beloit Corp. announced today it has completed its merger with Rexnord Process and Motion Control (PMC) to form Regal Rexnord Corp.

Nucor Unveils Net-Zero Steel

05 October 2021 - The steelmaker announced today the launch of a line of net-zero carbon steel products called Econiq™, produced using 100% renewable energy and carbon offsets, according to Nucor.

Nucor Affiliates Announce Acquisitions

04 October 2021 - In a press release Friday, Nucor Corp. announced acquisitions of recycling locations on behalf of The David J. Joseph Co., which represent a 10% growth in capacity.

HarbisonWalker to Build New U.S. Manufacturing Hub

04 October 2021 - Refractories supplier HarbisonWalker International (HWI) announced last week that it will construct a new state-of-the-art manufacturing and service hub in the United States.

Olympic Steel Announces New Acquisition

04 October 2021 - Olympic Steel announced Friday that it has acquired the assets of Shaw Stainless & Alloy Inc.

CMC Selling Land Under California Operations

30 September 2021 - Commercial Metals Company (CMC) in a press release today announced it will be selling the land where its steel and rebar operations stood in California.

Harsco Environmental Partners With Magsort on Metal Recovery Technology

30 September 2021 - The environmental solutions provider announced Wednesday it has formed a strategic relationship with Magsort Ltd. to enable steelmakers to recover higher-value metallics from steelmaking slags.

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