North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Universal Stainless Reports Continued Improvement in 4th Quarter
28 January 2010 - Universal Stainless & Alloy Products reported that sales for the fourth quarter of 2009 were $26.7 million, compared with $57.1 million in the fourth quarter of 2008 and $25.3 million in the third quarter of 2009.
Nucor Reports 4th Quarter, Year-End Results
27 January 2010 - Nucor reports consolidated net earnings of $58.9 million on consolidated net sales of $2.94 billion for the fourth quarter and a consolidated net loss of $293.6 million on consolidated net sales of $11.19 billion for the full year 2009.
United States Steel Reports 4th Quarter, Full-Year Results
27 January 2010 - United States Steel Corp. reported a net loss of $267 million on net sales of $3.35 billion for the fourth quarter, and a net loss of $1,401 million on net sales of $11.05 billion for the full year 2009.
Ryerson Acquires Texas Steel Processing
27 January 2010 - Ryerson Inc.'s wholly owned subsidiary, Joseph T. Ryerson & Son, Inc., has acquired Texas Steel Processing, Inc. for an aggregate purchase price of approximately $11.4 million.
Severstal North America to Restart Facilities
26 January 2010 - As part of its North American 2010 operating plan, OAO Severstal plans to restart certain facilities that had been previously idled. Severstal Warren is scheduled to return to service its blast furnace, steelmaking, and hot strip mill facilities late in the first quarter of 2010.
AK Steel Reports 4th Quarter, Full-Year 2009 Results
26 January 2010 - AK Steel reported net income of $39.8 million on net sales of $1,319.9 million for the fourth quarter and a net loss of $74.6 million on net sales of $4,076.8 million for the full year 2009.
U. S. Steel Expands Weathered Metal Series for Architectural Applications
26 January 2010 - In a joint project with Precoat Metals, United States Steel Corp. has launched its Weathered Metal Series, which adds weathered copper and weathered galvanized steel to its offering.
AK Steel Names General Manager for Global Electrical Steel Sales
26 January 2010 - AK Steel has named Lisa A. Vensel General Manager of Electrical Steel Sales, effective on February 1. She will be responsible for the company's global sales of its electrical steel products.
World Crude Steel Output Decreases by 8.0% in 2009
25 January 2010 - Despite a 13.5% year-on-year increase in crude steel production from China, world crude steel production decreased by about 8.0% in 2009 compared to 2008, with an estimated production total of 1220 million tonnes.
AK Steel Supports Emergency Relief Efforts in Haiti
25 January 2010 - AK Steel donates $100,000 through its foundation to help support emergency relief efforts in Haiti. The company's donation was split equally between Doctors Without Borders and the American Red Cross.
L.B. Foster Supplies Steel Grid Decking for NYC Bridge
22 January 2010 - L.B. Foster Co. is supplying the City of New York DOT with 10,000 ft2 of steel grid decking to replace the roadway of the Greenpoint Avenue Bridge over Newtown Creek. The company will also provide 2500 ft2 of 7-ft-wide decking for the drawbridge's sidewalks.
Commerce Initiates Investigations of Drill Pipe from China
22 January 2010 - The U.S. Department of Commerce has initiated antidumping duty and countervailing duty investigations on imports of drill pipe from P.R. China. From 2006 to 2008, imports of drill pipe from China increased 106% by volume.
November Steel Shipments Down 11% from October
22 January 2010 - U.S. steel mills shipped 5,424,000 net tons for the month of November 2009, an 11.0% decrease from the 6,097,000 net tons shipped in the previous month according to the latest report from AISI.
Reliance Steel & Aluminum Provides Year-End Earnings Guidance
21 January 2010 - Reliance Steel & Aluminum provides earnings guidance for the fourth quarter and year ended December 31, 2009.
Steel, Aluminum Inventories Rise in U.S. and Canada
21 January 2010 - Inventories of steel and aluminum products at metals service centers in the United States and Canada rose slightly in December as shipments of those products declined seasonally, according to the latest Metals Activity Report from the Metals Service Center Institute.
Nucor Foundation Reaches New Milestone in Support of Education
20 January 2010 - Nucor’s Nucor Foundation celebrates a new milestone support of education by awarding $4.4 million in scholarships to nearly 2000 students.
Latrobe Specialty Steel Wins AIST Award for VIM-VAR Expansion
19 January 2010 - The Association for Iron & Steel Technology will present Latrobe Specialty Steel with its 2009 Project Excellence award for the company’s VIM-VAR expansion project.
Severstal to Restart Martins Ferry Coating Line
18 January 2010 - Severstal NA recently announced that the Martins Ferry, Ohio, coating line of Severstal Wheeling will return to operation on January 25. The number of recalled employees will vary from week to week based on order entry levels.
Harsco Receives Two Mill Services Contracts in the U.S.
18 January 2010 - Harsco Corp. is the recipient of two multiyear specialty metal processing services contracts, including one at a new operating location for Harsco, worth as much as $70 million over their duration. Both contracts are with specialty metals producer ATI Allegheny Ludlum.
Stainless, Specialty Imports Still Down More than 50% through October
18 January 2010 - Total stainless imports reached 308,874 tons through October 2009, a 52.5% decrease compared to YTD October 2008 according to the latest report from SSINA. Total specialty imports reached 396,033 tons through the same period, a 52.5% decrease compared to YTD October 2008.
