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North America

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

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Nucor Reports 3rd Quarter Results

23 October 2009 - Nucor reports a consolidated net loss of $29.5 million on consolidated net sales of $3.12 billion for the third quarter and a consolidated net loss of $352.5 million on consolidated net sales of $8.25 billion for the first nine months of 2009.

AISI Stresses that AHSS Can Help Auto Industry Meet Stringent Standards

22 October 2009 - Ron Krupitzer of AISI's Steel Market Development Institute and Jody Shaw of U.S. Steel address the EPA and the National Highway Traffic Safety Administration at a recent hearing on proposed rulemaking held in Romulus, Mich.

Allegheny Technologies Announces 3ird Quarter Results

22 October 2009 - Allegheny Technologies reports net income of $1.4 million on sales of $697.6 million for the third quarter, and a net loss of $6.1 million on sales of $2.24 billion for the nine months ended September 30, 2009.

Nucor CFO to Retire at Year-End

21 October 2009 - Nucor Chief Financial Officer Terry S. Lisenby announces plans to retire at the end of this year, after 24 years of service with Nucor.

Metals USA Reports 3rd Quarter 2009 Results

20 October 2009 - Metals USA Holdings reports a net loss of $1.8 million on sales revenues of $255.4 million for the third quarter and net income of $7.9 million on sales revenues of $853.4 million for the nine months ended September 30, 2009.

AISI Disappointed by Stance on China as Currency Manipulator

20 October 2009 - American Iron and Steel Institute President and CEO Thomas J. Gibson issues a statement reacting to the Obama Administration’s recent decision not to name China a currency manipulator in the Treasury Department’s semiannual report.

Steel Shipments, Inventories Increase at U.S., Canadian Metal Centers

20 October 2009 - Shipments of steel and aluminum from metals service centers in the U.S. and Canada rose slightly in September, as did steel inventories, according to the latest Metals Activity Report from the Metals Service Center Institute. Inventories of aluminum, however, continued to decline in both countries.

Steel Dynamics Reports Sharp Increase in Q3 Profitability

20 October 2009 - Steel Dynamics reports net income of $69 million on net sales of $1.2 billion for the third quarter, and a net loss of $35 million on net sales of $2.8 billion for the first nine months of 2009.

AK Steel Honors Women for Strength, Courage, Compassion, Leadership

19 October 2009 - The AK Steel Foundation is underwriting the inaugural Steel Magnolia Awards, which recognize eight women who have overcome obstacles to make a difference in others’ lives.

Timken and Union Agree on Proposed Contract

19 October 2009 - Timken and USW Local 1123 reach agreement on a new four-year contract covering associates at the company's facilities in Canton, Ohio.

Second Phase of Cleanup Underway at Former Gulf States Steel Site

16 October 2009 - EPA’s Superfund removal action at the Gulf States Steel Site recently entered into the second phase of cleanup.

Tube City IMS Receives 31 NSA Safety Awards

16 October 2009 - Tube City IMS sites receive 31 Safety Awards from the National Slag Association for 2008. The awards recognize superior performance as measured against OSHA recordable injury rates.

EPA to Weigh Public Comment on New Wastewater Permit for Gary Works

16 October 2009 - EPA Region 5 withdraws its earlier objections to a 2007 version of Indiana's wastewater discharge permit for U.S. Steel's Gary Works. EPA is withholding final judgment on the new draft permit until a 45-day comment period is completed.

August Steel Shipments Up 5.7% from July

16 October 2009 - U.S. steel mills shipped 5,570,000 net tons for the month of August 2009, a 5.7% increase from July according to the latest report from AISI.

Commerce Initiates AD, CVD Investigations of Steel Fasteners

15 October 2009 - The U.S. Department of Commerce announces that it will initiate antidumping and countervailing duty investigations on imports of certain standard steel fasteners from P.R. China (AD/CVD) and Taiwan (AD).

Nucor Steel Improves Worker Hearing Protection

15 October 2009 - Nucor Steel is using new state-of-the-art VeriPRO earplug fit testing technology from Howard Leight to evaluate whether each individual employee is receiving optimal on-the-job hearing protection.

ITC Makes Determination in “Sunset” Reviews of Carbon Steel Plate

14 October 2009 - The U.S. ITC determines that revoking the existing antidumping duty order on cut-to-length carbon steel plate from China and terminating the suspended investigations on this product from Russia and Ukraine would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time.

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