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North America

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

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Tenova Goodfellow Installs Water Detection System at ArcelorMittal Contrecoeur Ouest

01 July 2010 - ArcelorMittal Contrecour Ouest has achieved EAF operating savings of over US$2.00 per ton liquid steel using the EFSOP® system installed by Tenova Goodfellow at its plant near Montreal. Tenova Goodfellow has also completed the installation of its EFSOP Water Detection System, which detects and alerts operators in real time of abnormal water events in the furnace.

Steel Industry Remembers Senator Byrd

30 June 2010 - AISI President and CEO Thomas J. Gibson commemorates Senator Byrd and his long-standing support of the domestic steel industry.

Metals USA Acquires J. Rubin & Co.

30 June 2010 - Metals USA Holdings Corp. has announced the acquisition of J. Rubin & Co., a metal service center with locations in Illinois, Wisconsin, and Minnesota.

Steelworkers Humanity Fund Assists Communities Affected by Tropical Storm

30 June 2010 - United Steelworkers' National Director Ken Neumann announced that the Steelworkers Humanity Fund has contributed $20,000 to assist peasant communities in Guatemala struggling since tropical storm Agatha hit in late May.

Worthington Reports Q4 and Fiscal Year Results

30 June 2010 - Worthington Industries reported net sales of $626.4 million and net earnings of $33.1 million, or $0.42 per share, for the fiscal 2010 fourth quarter ended May 31, 2010. For the fiscal year ended May 31, the company posted net earnings of $45.2 million, or $0.57 per share.

Cliffs Named to Bloomberg Businessweek’s 50 Top Performers List

29 June 2010 - Cliffs Natural Resources is ninth on Bloomberg Businessweek’s inaugural “50 Top Performers” list, which ranks U.S. corporations with the highest total returns for shareholders in the Standard & Poor’s 500 stock index over the past five years.

Latrobe Specialty Steel Wins AMM Best Operational Improvement Award

25 June 2010 - Latrobe Specialty Steel’s VIM-VAR expansion is selected to receive American Metal Market’s inaugural Award for Excellence for Best Operational Improvement.

AISI Commends Congressmen for Actions on China Currency

24 June 2010 - Congressmen Tim Ryan (D-Ohio) and Tim Murphy (R-Pa.) were commended by AISI's Thomas J. Gibson for their urgent call to the House of Representatives to pass their bipartisan legislation, The Currency Reform for Fair Trade Act of 2009 (H.R. 2378).

AK Steel Honored with Two Awards for Steel Excellence

24 June 2010 - AK Steel receives two "Awards for Steel Excellence" from AMM; one as "Steel Producer of the Year" and the other for "Best Turnaround of the Decade."

Commercial Metals Reports 3rd Quarter Loss

23 June 2010 - Commercial Metals Co. reported a net loss of $8.8 million, or $0.08 per diluted share, on net sales of $1.8 billion for the quarter ended May 31, 2010. This compares with a net loss of $13.1 million, or $0.12 per diluted share, on net sales of $1.3 billion for the same period last year.

Metals USA Holdings to Join Russell 3000 Index

23 June 2010 - Metals USA Holdings Corp. is set to join the broad-market Russell 3000® Index when Russell Investments reconstitutes its U.S. and global equity indexes on June 25, according to a preliminary list of additions posted on Russell’s website.

Auto/Steel Partnership Chair Honored with Special USCAR Award

23 June 2010 - John Bohr, chair of the Auto/Steel Partnership’s Advanced High-Strength Steel Joining Team, is the recipient of the United States Council for Automotive Research LLC (USCAR) Special Recognition Award.

Preliminary Steel Imports Rise 7% in May

23 June 2010 - The U.S. imported a total of 2,226,000 net tons of steel in May, up 7% vs. April final data and the 3rd consecutive monthly increase according to the latest report from AISI.

Olympic Steel Bestows Humanitarian Award

22 June 2010 - Olympic Steel, Inc. has chosen Eva Miranda as the 2010 recipient of the Chairman's Humanitarian Award. She was recognized for using her language skills to broaden the reach of local philanthropic initiatives.

TMK IPSCO Plants Ratify New Labor Agreement

22 June 2010 - TMK IPSCO was recently notified by the USW and its Local 9305 that union members at the company's Koppel and Ambridge, Pa., plants have ratified a new labor agreement. The new contract replaces one that expired May 31, 2010, and will remain in effect through May 31, 2014.

ATI Selects Siemens VAI for New Advanced Integrated Hot-Rolling Mill

22 June 2010 - Allegheny Technologies Inc. has selected Siemens VAI Metals Technologies to design, engineer, and supply the hot-rolling mill for ATI Allegheny Ludlum’s Brackenridge, Pa., new advanced specialty metals hot-rolling and processing facility, which is expected to be completed in about four years.

May World Crude Steel Output up 2.9% from Previous Month

22 June 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 124.18 million tonnes in May 2010 — a 2.1% increase from the previous month (April 2010) and a 29.1% increase vs. May 2009.

ATI Announces President for ATI Metalworking; New Surcharge for Grain Oriented Steels

21 June 2010 - Allegheny Technologies Inc. recently named Robert S. Wetherbee as Business Unit President of ATI Metalworking Products. The company also announced the addition of a $469 per ton ($23.45/cwt) surcharge for grain oriented steels for shipments beginning August 1, 2010.

Supreme Court Rules in Favor of New Process Steel

21 June 2010 - The Supreme Court of the United States has sided with New Process Steel, L.P. in the case v. the National Labor Relations Board. The case came about when the union representing employees at the New Process Steel plant in Butler, Ind., failed to reach an agreement over a new contract with New Process Steel, L.P.

Essar Steel Algoma Granted Injunction for Pellet Delivery

18 June 2010 - Essar Steel Algoma has been granted an injunction against Cleveland Cliffs that will force Cliffs to continue delivering pellets to Essar, pending resolution of a pricing dispute between the parties.

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