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North America

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

Latest News

Tenova Acquires Controlling Interest in Cold Mill Manufacturer I2S

05 June 2009 - Tenova acquires the controlling interest of I2S, a leading manufacturer of high quality cold rolling mills.

AK Steel Announces July 2009 Surcharges

05 June 2009 - AK Steel will add a $70-per-ton surcharge to invoices for electrical steel products shipped in July 2009.

Allegheny Technologies Reports Results of Tender Offer

04 June 2009 - Allegheny Technologies announces the final results of its cash tender offer to purchase its outstanding 8.375% Senior Notes due 2011.

Northwest Pipe to Supply Pipe for Two Major Water Pipeline Projects in Utah

04 June 2009 - Northwest Pipe Co. has been selected as the pipe supplier for two major water pipeline projects that are part of the Central Utah Project Completion Act.

Steel Imports Slide 15% in May

04 June 2009 - Steel import permit applications totaled 1,015,000 net tons for the month of May, a 15% decrease from April 2009 permit tons and a 16% decrease from the April preliminary imports total according to the latest report from AISI.

Olympic Steel Announces Recipient of Chairman’s Humanitarian Award

03 June 2009 - Olympic Steel announces Luther Newbill as the 2009 recipient of the Chairman’s Humanitarian Award, in recognition of his extraordinary community support through foster parenting and support of a local children’s charity.

Steel Dynamics Announces Offerings of Stock, Notes

03 June 2009 - Steel Dynamics announced its intention to offer 27 million shares of common stock and $150 million of convertible senior notes due 2014, with the notes guaranteed by certain of its subsidiaries.

Worthington Industries Commences Tender Offer

02 June 2009 - Worthington Industries announces a cash tender offer for the $138.0 million outstanding principal amount of its 6.70% Notes due December 1, 2009.

Worthington Industries to Acquire Piper Metal Forming Assets

02 June 2009 - Worthington Industries purchases the assets of Piper Metal Forming, U.S. Respiratory, and Pacific Cylinders.

AK Steel to Increase Carbon Steel Prices

02 June 2009 - AK Steel says it will increase spot market prices for its carbon steel products effective with new orders scheduled for delivery on July 1, 2009 and later.

Allegheny Technologies Completes Notes Offering

02 June 2009 - Allegheny Technologies completes its public offering of $350,000,000 of 9.375% Senior Notes due 2019.

Commercial Metals Announces Retirement of General Counsel

01 June 2009 - Commercial Metals Co. announces the planned retirement of David M. Sudbury, Senior Vice President, Secretary & General Counsel, effective at the end of CMC's 2009 fiscal year on August 31, 2009.

Steel Imports Decline 21% in April 2009

29 May 2009 - The U.S. imported a total of 1,214,000 net tons of steel in April 2009, a 21% decrease vs. March final data, according to the latest report from AISI.

Reliance Steel & Aluminum Names New Corporate Officer

28 May 2009 - Reliance Steel & Aluminum announces the appointment of the company’s new Senior Vice President, Supplier Development.

Allegheny Technologies Prices Notes Offerings

28 May 2009 - Allegheny Technologies has priced its concurrent public offerings of senior notes due 2019 and convertible notes due 2014.

PC Strand Producers File Trade Cases Against China

28 May 2009 - Three domestic producers of prestressed concrete steel wire strand file antidumping and countervailing duty petitions charging that dumped and subsidized imports of PC strand from P.R. China cause material injury to the domestic industry.

OSHA Cites JSW Steel for Potential Safety and Health Hazards at Baytown Facility

27 May 2009 - OSHA announces $146,500 in proposed penalties against JSW Steel (USA) for the alleged failure to protect its employees from potential safety and health hazards at the company’s Baytown, Texas, facility.

Allegheny Technologies Announces Proposed Notes Offerings

27 May 2009 - Allegheny Technologies announces plans to offer $650 million of new debt with proceeds going toward the purchase of outstanding 8.375% Notes due 2011 as well as contributions to the company’s pension plan.

USW Applauds Trade Commission Vote on OCTG Imports from China

26 May 2009 - The United Steelworkers calls the decision to proceed with the trade case investigation of OCTG imports from China ‘an urgent step for the thousands of laid-off workers at idled pipe production facilities of seven domestic companies’.

ITC to Continue Cases on Oil Country Tubular Goods from China

26 May 2009 - The U.S. ITC finds reasonable indication of threatened material injury due to imports of oil country tubular goods from China that are allegedly subsidized and sold in the U.S. at less than fair value, paving the way for the U.S. Department of Commerce to continue its countervailing duty and antidumping investigations on these products.

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