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North America

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

Latest News

Mechel Closes Acquisition of Bluestone Coking Coal Assets

12 May 2009 - Mechel OAO closes its previously announced acquisition of Bluestone Coal, a privately-held West Virginia-based coal businesses engaged in the mining, processing and sale of premium quality hard coking coal.

Universal Stainless to Increase Base Price for Tool Steels

12 May 2009 - Universal Stainless & Alloy Products will increase base prices by 5% for tool steel plate manufactured at its Bridgeville facility.

Gerdau Ameristeel Reports Loss for 2009 First Quarter

08 May 2009 - Gerdau Ameristeel reports a net loss of $32.7 million on net sales of $1.0 billion for the three months ended March 31, 2009.

Severstal to Idle Operations at Wheeling, Warren

08 May 2009 - Severstal International announces plans to indefinitely idle the steelmaking and hot rolling operations at Severstal Wheeling, and to indefinitely idle all production and finishing operations at its Severstal Warren facility.

TMK Ipsco and GB Tubulars Enter Agreement for Drilling-with-Casing-Connections

07 May 2009 - TMK Ipsco and GB Tubulars enter agreement that grants TMK Ipsco's Catoosa, Okla., finishing mill an exclusive license to make and sell welded tubular products utilizing GB Tubulars' "Coupling for Drilling-with-Casing Operations" patent.

Keystone Reports 1st Quarter 2009 Results

07 May 2009 - Keystone Consolidated Industries reports a net loss of $4.4 million on net sales of $60.5 million for the first quarter of 2009.

Steel Imports Drop 22% in April

07 May 2009 - Steel import applications totaled 1,170,000 net tons for the month of April 2009, a 22% decrease from March 2009 permit tons and the March preliminary imports total, according to the latest report from AISI.

Gerdau Ameristeel Starts up Pneumatic Injection System at Jacksonville EAF

06 May 2009 - Gerdau Ameristeel starts up an additional pneumatic dolo-lime injection system from MORE at its 90-ton Jacksonville EAF.

AISI Awards 2009 Gary Memorial Medal to Timken Chairman

06 May 2009 - The American Iron and Steel Institute awards its 2009 Gary Memorial Medal to Timken Chairman, Ward J. ‘Tim’ Timken Jr. during AISI’s 117th General Meeting in Phoenix.

AK Steel Updates Second Quarter 2009 Outlook

06 May 2009 - AK Steel adjusts its outlook for the second quarter to operating loss of $75 to $80 million based on recent plant closure announcements by Chrysler and General Motors.

Russel Metals Amends, Increases Credit Facility

05 May 2009 - Russel Metals amends its credit agreement with a syndicate of banks, increasing the credit available under the facility to Cdn$252.5 million.

U. S. Steel Completes Offering of Common Stock, Notes

05 May 2009 - United States Steel nets nearly $1.5 billion with its just-completed public offering of $862,500,000 principal amount of 4% Senior Convertible Notes due 2014 and 27,140,000 shares of Common Stock.

AK Steel Announces June 2009 Surcharges

04 May 2009 - AK Steel will add a $10 per ton surcharge to invoices for electrical steel products shipped in June 2009.

World Steel Association Provides 2009 Short Range Outlook for Steel

04 May 2009 - The World Steel Association is forecasting that worldwide apparent steel use is expected to decline by -14.9% to 1,018.6 million tonnes in 2009.

Universal Stainless Reports First Quarter 2009 Results

01 May 2009 - Universal Stainless & Alloy Products reports a net loss of $3.8 million on sales of $42.2 million for the first quarter of 2009.

Universal Stainless Reports First Quarter 2009 Results

01 May 2009 - Universal Stainless & Alloy Products reports a net loss of $3.8 million on sales of $42.2 million for the first quarter of 2009.

Samuel Manu-Tech Reports Loss for 1st Quarter of 2009

30 April 2009 - Samuel Manu-Tech reports a net loss of $9.1 million on sales of $193.8 million for the three months ended March 31, 2009.

Olympic Steel Reports First Quarter 2009 Results

30 April 2009 - Olympic Steel reports a net loss of $25.5 million on net sales of $140.9 million for the first quarter ended March 31, 2009.

Commerce to Investigate Oil Country Tubular from P.R. China

30 April 2009 - The U.S. Department of Commerce will initiate antidumping and countervailing duty investigations on imports of oil country tubular goods from P.R. China.

World Steel Production Continues to Fall through February ‘09

30 April 2009 - World crude steel production fell to 83.85 million tonnes in February, a 3% decrease from the previous month and a 22% decrease from February 2008, according to the latest report from World Steel Association.

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