North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Ryerson Sells Stake in Tata Ryerson Joint Venture
13 July 2009 - Ryerson completes the sale of its 50% equity interest in Tata Ryerson Ltd. to Tata Steel.
USW Applauds Canadian Agency’s Decision to Investigate Steel Plate Imports
13 July 2009 - The United Steelworkers cheers the Canada Border Services Agency’s announcement that it is initiating an investigation into the dumping of carbon steel plate and high-strength low-alloy steel plate from Ukraine.
ITC to Continue Cases on PC Strand from China
13 July 2009 - The U.S. ITC finds reasonable indication of threatened material injury due to imports of prestressed concrete steel wire strand from China that are allegedly subsidized and sold in the United States 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.
ALJ Releases 2nd Quarter Revenue Performance
10 July 2009 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $19.4 million for the quarter and revenues of $85.9 million for the nine months ended June 30, 2009.
AK Steel to Increase Base Prices for Carbon Steel Products
10 July 2009 - AK Steel says it will increase spot market prices for its carbon steel products effective with all new orders for August and September shipments.
Allegheny Technologies Makes Voluntary Contribution to Pension Plan
10 July 2009 - Allegheny Technologies makes voluntary $350-million cash contribution to the company’s U.S. defined benefit pension plan, significantly improving the plan’s funded position.
Baosteel Moves up to No. 3 Position for 2008 Crude Steel Output
10 July 2009 - Baosteel moves up to the number-three position in World Steel Association’s recently announced ranking of top steel producers for 2008.
Sims Metal Management Acquires Fairless Iron & Metal
07 July 2009 - Sims Metal Management announces the acquisition of Fairless Iron & Metal, a full-service ferrous and non-ferrous recycler.
Canadian Agencies to Investigate Steel Plate Imports from Ukraine
07 July 2009 - The Canada Border Services Agency initiates an investigation into the alleged injurious dumping of carbon steel plate and high-strength low-alloy steel plate from Ukraine.
Tube City IMS Launches Internet Portal for Suppliers
03 July 2009 - Tube City IMS launches new internet portal that will provide comprehensive information for suppliers, including the ability to review orders, shipments, payments and other information.
Cliffs Natural Resources Provides Update on North American Business Unit
03 July 2009 - Cliffs Natural Resources provides update for its North American Business Unit, including 2009 North American Iron Ore contractual obligations for volume and the company’s expectations for North American Coal sales volumes.
AK Steel Announces August 2009 Surcharges
02 July 2009 - AK Steel will add a $75 per ton surcharge for electrical steel products shipped in August 2009.
Nucor Praises Congressman Arcuri for Voting Against House Cap and Trade Bill
02 July 2009 - Nucor notes its appreciation to U.S. Representative Michael Arcuri (D-NY) for supporting the local manufacturing sector by opposing House Cap and Trade Bill (H.R. 2454), which narrowly passed the House of Representatives this week by a three-vote margin.
Steel Imports Drop 23% in June
02 July 2009 - Steel import permit applications totaled 810,000 net tons for the month of June, a 23% decrease from the previous month according to the latest report from the American Iron and Steel Institute (AISI).
Schnitzer Steel Reports Third Quarter Results
01 July 2009 - Schnitzer Steel reports a net loss of $1.5 million on revenues of $412 million for the fiscal third quarter, and a net loss of $42 million on revenues of $1.344 billion for the nine months ended May 31, 2009.
AISI Reacts to Passage of Climate Bill, Urges Modifications
30 June 2009 - AISI expresses its disappointment over the House passage of the American Clean Energy and Security Act of 2009, which it says will put the steel industry at a distinct disadvantage.
AIST Notes Passing of Town Hall Moderator John Callaway
29 June 2009 - AIST notes the passing of long-time AISTech Town Hall moderator, John D. Callaway.
Republic Responds to Court Order for Resumption of Shipments to American Axle
25 June 2009 - Responding to a circuit court order to resume steel shipments, Republic says it appreciates the Court’s recognition that Republic is entitled to demand adequate assurance of performance from American Axle.
Commercial Metals Company Reports Third Quarter Loss
24 June 2009 - Commercial Metals Co. reported a net loss of $13.1 million on net sales of $1.3 billion for the quarter and net earnings of $13.6 million on net sales of $5.3 billion for the nine months ended May 31, 2009.
Steel Imports Slip 17% in May
24 June 2009 - The U.S. imported a total of 1,020,000 net tons of steel in May 2009, an 11% decrease vs. April final data, according to the latest report from AISI.
