North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Steel Imports Slide 15% in May
04 June 2009 - Steel import permit applications totaled 1,015,000 net tons for the month of May, a 15% decrease from April 2009 permit tons and a 16% decrease from the April preliminary imports total according to the latest report from AISI.
Olympic Steel Announces Recipient of Chairman’s Humanitarian Award
03 June 2009 - Olympic Steel announces Luther Newbill as the 2009 recipient of the Chairman’s Humanitarian Award, in recognition of his extraordinary community support through foster parenting and support of a local children’s charity.
Steel Dynamics Announces Offerings of Stock, Notes
03 June 2009 - Steel Dynamics announced its intention to offer 27 million shares of common stock and $150 million of convertible senior notes due 2014, with the notes guaranteed by certain of its subsidiaries.
Worthington Industries Commences Tender Offer
02 June 2009 - Worthington Industries announces a cash tender offer for the $138.0 million outstanding principal amount of its 6.70% Notes due December 1, 2009.
Worthington Industries to Acquire Piper Metal Forming Assets
02 June 2009 - Worthington Industries purchases the assets of Piper Metal Forming, U.S. Respiratory, and Pacific Cylinders.
AK Steel to Increase Carbon Steel Prices
02 June 2009 - AK Steel says it will increase spot market prices for its carbon steel products effective with new orders scheduled for delivery on July 1, 2009 and later.
Allegheny Technologies Completes Notes Offering
02 June 2009 - Allegheny Technologies completes its public offering of $350,000,000 of 9.375% Senior Notes due 2019.
Commercial Metals Announces Retirement of General Counsel
01 June 2009 - Commercial Metals Co. announces the planned retirement of David M. Sudbury, Senior Vice President, Secretary & General Counsel, effective at the end of CMC's 2009 fiscal year on August 31, 2009.
Steel Imports Decline 21% in April 2009
29 May 2009 - The U.S. imported a total of 1,214,000 net tons of steel in April 2009, a 21% decrease vs. March final data, according to the latest report from AISI.
Reliance Steel & Aluminum Names New Corporate Officer
28 May 2009 - Reliance Steel & Aluminum announces the appointment of the company’s new Senior Vice President, Supplier Development.
Allegheny Technologies Prices Notes Offerings
28 May 2009 - Allegheny Technologies has priced its concurrent public offerings of senior notes due 2019 and convertible notes due 2014.
PC Strand Producers File Trade Cases Against China
28 May 2009 - Three domestic producers of prestressed concrete steel wire strand file antidumping and countervailing duty petitions charging that dumped and subsidized imports of PC strand from P.R. China cause material injury to the domestic industry.
OSHA Cites JSW Steel for Potential Safety and Health Hazards at Baytown Facility
27 May 2009 - OSHA announces $146,500 in proposed penalties against JSW Steel (USA) for the alleged failure to protect its employees from potential safety and health hazards at the company’s Baytown, Texas, facility.
Allegheny Technologies Announces Proposed Notes Offerings
27 May 2009 - Allegheny Technologies announces plans to offer $650 million of new debt with proceeds going toward the purchase of outstanding 8.375% Notes due 2011 as well as contributions to the company’s pension plan.
USW Applauds Trade Commission Vote on OCTG Imports from China
26 May 2009 - The United Steelworkers calls the decision to proceed with the trade case investigation of OCTG imports from China ‘an urgent step for the thousands of laid-off workers at idled pipe production facilities of seven domestic companies’.
ITC to Continue Cases on Oil Country Tubular Goods from China
26 May 2009 - The U.S. ITC finds reasonable indication of threatened material injury due to imports of oil country tubular goods from China that are allegedly subsidized and sold in the U.S. 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.
Workers Go on Strike at Gerdau Ameristeel Cambridge
22 May 2009 - Nearly 200 United Steelworkers are now on strike after rejecting Gerdau Ameristeel’s final offer for a new collective agreement at the company’s Cambridge, Ont., plant.
Metals USA Announces Retirement of General Counsel
21 May 2009 - Metals USA Holdings announces the retirement of John A. Hageman, Senior Vice President and General Counsel, effective May 14, 2009.
World Steel Production Dips Again in April 2009
21 May 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 89.5 million tonnes in April 2009 — 23.6% lower than for the same month of 2008, and 2.9% below the previous month.
Lightweight Steel Technologies Can Help Automakers Achieve Fuel and Emissions Standards
21 May 2009 - Members of AISI’s Steel Market Development Institute are accelerating their efforts to provide automakers with new advanced high-strength steels that can lead to affordable mass reduction solutions.
