North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
November Steel Import Permits Down 11%
03 December 2009 - Steel import permit applications reached 1,386,000 net tons for the month of November, an 11% decrease from the 1,561,000 permit tons recorded in October 2009, according to the latest report from AISI.
Essar Steel Algoma to Offer Senior Secured Notes due 2015
01 December 2009 - Essar Steel Algoma is proposing to offer US$325 million aggregate principal amount of senior secured notes due 2015.
Gerdau Ameristeel Announces $610 Million Refinancing
30 November 2009 - Gerdau Ameristeel enters into a loan agreement to borrow $610 million on arm's length terms from Gerdau Holdings, a subsidiary of Gerdau S.A.
Lakeside Steel Supports Decision on Imported Chinese Pipe and Tube Products
30 November 2009 - Lakeside Steel Inc. welcomes the Canada Border Services Agency's preliminary determination that Chinese imports of welded oil and gas well casing and seamless and welded oil and gas well tubing have been dumped and subsidized in the Canadian market.
Carpenter Technology Announces Completion of Syndicated Credit Facility
30 November 2009 - Carpenter Technology completes a three-year, $200-million syndicated credit facility.
Cliffs to Acquire Chromite Deposits from Freewest
27 November 2009 - Cliffs Natural Resources Inc. has entered into a definitive agreement to acquire the “Ring of Fire” chromite properties of Freewest Resources Canada Inc. The transaction is expected to close in the first quarter of 2010.
Essar Steel Algoma Sells Remaining Interest in Cogeneration Facility
27 November 2009 - Essar Steel Algoma has completed the sale of its remaining 50.1% equity interest in Algoma Energy LP to Essar Power Canada Ltd. for C$136 million.
AISI Endorses Trade, Competitiveness Conclusions of U.S.-China Report
27 November 2009 - The American Iron and Steel Institute reports that it “soundly endorses” key trade and competitiveness-related conclusions contained in the 2009 Annual Report to Congress recently issued by the U.S.-China Economic and Security Review Commission.
U.S. Commerce Department Finds Subsidization of OCTG from China
25 November 2009 - The Department of Commerce announced on November 24 its final determination in the countervailing duty investigation on imports of oil country tubular goods from P.R. China. It found that Chinese producers/exporters of OCTG have received net countervailable subsidies ranging from 10.36 to 15.78%.
AK Tube Plant Recertified in VPP Safety Program
25 November 2009 - The Columbus, Ind., plant of AK Tube has been recertified as a Star site in the Indiana Department of Labor's Voluntary Protection Program (VPP). The Star designation signifies that the plant's safety programs surpass OSHA requirements.
Preliminary Steel Imports Rise Again in October
25 November 2009 - The U.S. imported a total of 1,560,000 net tons of steel in October 2009, a 29% increase compared to September final data, according to the latest report from AISI.
ArcelorMittal Dofasco, Employees Support United Way
24 November 2009 - ArcelorMittal Dofasco and its employees make a $1 million donation to the United Way of Burlington & Greater Hamilton.
China’s Output Boosts World Crude Steel to 13.1% Increase in October
23 November 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 112,177 million tonnes in October 2009 — 3.1% higher than the previous month (September 2009) and 13.1% higher than October 2008.
AK Steel Recognizes Valuable Suppliers, Processors
23 November 2009 - AK Steel is honoring four suppliers and three processors for providing outstanding service, value, and strategic support to its business plan in 2009.
AHSS Featured on Car of the Year
20 November 2009 - The North American steel industry and AISI’s Steel Market Development Institute are celebrating the selection of the 2010 Ford Fusion and Fusion Hybrid as Motor Trend Car of the Year. The cars employ a number of advanced high-strength steel technologies.
AK Steel to Increase Carbon Steel Prices
20 November 2009 - AK Steel says it will increase spot market prices for its carbon steel products, effective January 1, 2010.
Severstal NA to Restart Yorkville Cold Mill
20 November 2009 - OAO Severstal announces the resumption of operations for Severstal Wheeling’s Yorkville, Ohio, cold rolling mill in response to increasing demand for cold rolled and coated products.
September Steel Shipments Rise 3.9% above August
19 November 2009 - U.S. steel mills shipped 5,793,000 net tons for the month of September 2009, a 3.9% increase from August according to the latest report from AISI.
Tube City IMS Opens Trading Office in Taiwan
19 November 2009 - Tube City IMS has opened its first representative trading office in Kaohsiung City, Taiwan.
CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill
18 November 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.
