North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Plymouth Tube First to Attain Dual NADCAP Accreditation
08 January 2010 - Plymouth Tube Co.’s Salisbury Mill attains NADCAP accreditation for both heat treating and material testing laboratories. The mill is the first North American tubing manufacturer to earn the dual accreditation from NADCAP for seamless stainless aerospace tubing.
Nucor CEO Recognized by Harvard Business Review
08 January 2010 - Harvard Business Review recognizes Chairman, CEO, and President Dan DiMicco and Nucor's management team in its ranking of "The Best-Performing CEOs in the World" in the January-February 2010 edition.
Gerdau Ameristeel Sand Springs Mill to Remain Idled
08 January 2010 - Gerdau Ameristeel will continue the idling of its Sand Springs steel mill for the foreseeable future, despite a comprehensive proposal from the State of Oklahoma and City of Sand Springs aimed at maintaining steel production at the company's Sand Springs steel mill.
U. S. Steel, Others File for Critical Circumstances in Tubular Trade Case
08 January 2010 - U.S. Steel and other petitioning parties will make an allegation of "critical circumstances" in the ongoing antidumping and countervailing duty investigations into seamless standard, line and pressure pipe from China.
Steel Import Permits Decline 9% in December
07 January 2010 - Steel import permit applications reached 1,326,000 net tons for the month of December, a 9% decrease from the 1,450,000 permit tons recorded in November 2009, according to the latest report from AISI.
Worthington Reports Q2 Results
07 January 2010 - Worthington Industries, Inc. reports net sales of $448.0 million and net earnings of $23.2 million, or $0.29 per diluted share, for the fiscal 2010 second quarter ended November 30, 2009. The results show sequential improvement from the first quarter.
AK Steel Announces February 2010 Surcharges
06 January 2010 - AK Steel will add a $235 per ton surcharge to invoices for electrical steel products shipped in February 2010.
Tube City IMS Fills New EVP Position
06 January 2010 - Tube City IMS, LLC has promoted William R. Miller to the newly created position of Executive Vice President - Operations for its Mill Services Group.
Horsehead Closes on Acquisition of INMETCO
06 January 2010 - Horsehead Holding Corp. has closed its acquisition of INMETCO. Mark Tomaszewski, who was the Acting President of INMETCO, was appointed to serve as President going forward.
Timken Finalizes Sale of Needle Roller Bearings Business
05 January 2010 - The Timken Co. has completed the sale of its Needle Roller Bearings business to Japan’s JTEKT Corp. The business manufactures highly engineered needle roller bearings for automotive and industrial applications.
ALJ Announces Results for Fiscal Year 2009
04 January 2010 - ALJ Regional Holdings, Inc., the parent company of Kentucky Electric Steel, posted net income of $1.118 million for the fiscal fourth quarter, and net income of $53,161 for the fiscal year ended September 30, 2009.
ITC to Impose Duties on Oil Country Tubular Goods from China
31 December 2009 - U.S. Department of Commerce to issue countervailing duty order on imports of oil country tubular goods from China.
AISI, USW Support ITC Finding on Subsidized Steel Pipe from China
31 December 2009 - The American Iron and Steel Institute and the United Steelworkers both strongly support the U.S. International Trade Commission’s final injury determination in the countervailing duty portion of a case involving dumped and subsidized Chinese OCTG imports into the U.S. market.
PBGC Protects Pensions at PTC Alliance
31 December 2009 - The Pension Benefit Guaranty Corp. is moving to assume responsibility for the under-funded pension plan covering about 750 employees and retirees of PTC Alliance Corp., a bankrupt maker of specialty steel tubing and bars.
California Steel Industries to Make Organizational Changes
31 December 2009 - California Steel Industries, Inc. is making three organizational changes, effective January 1, 2010. All three executive vice presidents will continue to report to Vicente Wright, President and CEO.
Esmark Acquires Excalibur Machine Assets
31 December 2009 - Esmark Industrial Group has completed the acquisition of assets of Meadville, Pa.-based Excalibur Machine Co., Inc. for $3.5 million in cash. David A. Luptak will become Chief Executive Officer and President of the newly formed Esmark Industrial Group with responsibility for Excalibur Machine.
UAW Members Ratify Contract Extension at Coshocton
30 December 2009 - Members of UAW Local 3462 ratify a three-year extension to the existing labor agreement at AK Steel's Coshocton Works.
Danieli to Supply New Long Products Minimill for Deacero
29 December 2009 - Deacero awards Danieli an order to supply a new minimill for the production of deformed bars, and smooth and deformed wire rod.
Commercial Metals Reports First Quarter Loss
24 December 2009 - Commercial Metals reports a net loss of $31.2 million ($0.28 per share) on net sales of $1.4 billion for the quarter ended November 30, 2009, compared with net earnings of $62.0 million ($0.54 per diluted share) on net sales of $2.4 billion for last year's first quarter.
Siemens to Supply Coil Handling for Sterling Steel Wire Rod Mill
24 December 2009 - Siemens VAI Metals Technologies will supply a new, all-vertical coil handling system and extend the existing Stelmor system for Sterling Steel’s wire rod mill.
