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North America

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

Latest News

Metal Center Shipments Decline as Inventory Reduction Continues

19 May 2009 - Metals service center shipments of steel products from U.S. and Canadian metals service centers declined sharply in April vs. 2008 volumes according to the most recent Metals Activity Report from the Metals Service Center Institute.

Domestic Groups Object to Chinese Steel Trade Practices

19 May 2009 - Domestic steel industry groups issue statement highlighting Chinese efforts to politically influence ongoing legal proceedings concerning dumped and subsidized imports of oil country tubular goods.

ALJ Announces 2nd Quarter Earnings

18 May 2009 - ALJ, the parent company of Kentucky Electric Steel, reports a net loss of $130,684 on net sales of $66.4 million for the six months ended March 31, 2009.

Westfield Steel Earns ISO 9001 Certification

15 May 2009 - Westfield Steel recently became an ISO 9001 certified full-line steel service center.

New AISI Study Finds Increased Use of AHSS Supports Vehicle Downsizing Trend

15 May 2009 - New study released by AISI’s Automotive Applications Council focuses on the use of advanced high strength steels in vehicle applications.

JSW Steel Reports Strong Growth in April, Denies Sale of U.S. Operations

15 May 2009 - Reporting a 60% year-over-year growth in crude steel production in April, JSW Steel Limited denies the sale of any U.S. operation within the context of current market conditions.

IOC Honored for Excellence in Sustainable Development

14 May 2009 - The Iron Ore Company of Canada is selected to receive the CIM/Syncrude Award for Excellence in Sustainable Development for its C$110-million Tailings Management Project.

AISI Supports Currency Reform for Fair Trade Act of 2009

14 May 2009 - AISI voices strong support for the reintroduced Currency Reform for Fair Trade Act of 2009, which would establish an effective trade remedy provision to neutralize currency undervaluation.

U. S. Steel Announces Global Raw Materials Appointments

14 May 2009 - United States Steel announces two management changes in its global raw materials organization, including the appointment of Steven A. McFatridge as General Manager—Raw Materials for U. S. Steel's European operations and William J. McFadden as General Manager—Raw Materials for U. S. Steel's North American operations.

U. S. Steel Names Managing Director-Transportation, President-Transtar

14 May 2009 - United States Steel announces the appointment of Thomas Kelly as Managing Director - Transportation and President of Transtar, the company's transportation subsidiary.

AK Steel Likely to Idle Ashland Operations

14 May 2009 - AK Steels says it is likely to close its Ashland, Ky., Works following significant production curtailments recently announced by GM and Chrysler.

Russel Metals Reports First Quarter Loss

13 May 2009 - Russel Metals reports a net loss of $55 million on revenues of $642.3 million for the first quarter of 2009.

Cliffs Launches New Initiatives to Enhance Financial Flexibility

13 May 2009 - Cliffs Natural Resources announces several proactive initiatives designed to enhance financial flexibility, including a public offering of common shares, a reduction in the quarterly dividend, and compensation reductions across the organization.

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.