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North America

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

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Forbes Ranks Universal Stainless Among 200 Best Small Companies in America

05 December 2008 - Forbes magazine ranks Universal Stainless & Alloy Products 82nd on its annual list of the 200 Best Small Companies in America for 2008.

Nippon, ArcelorMittal Defer CGL Construction at I/N Kote

05 December 2008 - Nippon Steel and ArcelorMittal will defer further construction on the new continuous galvanizing line at I/N Kote, based on the sudden downturn of the North American automotive market.

Severstal Responds to Supreme Court Appeals Decision

04 December 2008 - Severstal North America comments on the U.S. Supreme Court’s decision to deny any further consideration of appeals of a previous jury verdict in favor of Wheeling Pittsburgh Steel and Mountain State Carbon, now known collectively as Severstal Wheeling.

Steel Import Permit Applications Fall in November

04 December 2008 - Steel import permit applications totaled 2,277,000 net tons for the month of November, a 23% decrease from the 2,967,000 permit tons recorded in October 2008, according to the latest report from the AISI.

AK Steel Plans 5% Pay Cut for Salaried Workers, Other Cost Reductions

04 December 2008 - AK Steel will implement a salaried employee cost reduction program that includes an indefinite 5% pay reduction for salaried employees and temporary incentives for voluntary retirements.

AK Steel Announces January 2009 Steel Surcharges

03 December 2008 - AK Steel will add a $10 per ton surcharge to invoices for electrical steel products shipped in January 2009.

ITC to Revoke Duties on Steel Reinforcing Bar from Turkey

03 December 2008 - The U.S. ITC will revoke its existing antidumping duty order on steel concrete reinforcing bar from Turkey, following a negative injury determination in sunset review.

U. S. Steel to Consolidate Production for Greater Efficiency

03 December 2008 - U. S. Steel will temporarily idle a number of its facilities over the next several weeks, as it concentrates production at its Mon Valley, Gary, Fairfield and Lake Erie Works.

Worthington Industries Names New CFO

02 December 2008 - Worthington Industries announces the appointment of B. Andrew “Andy” Rose as Chief Financial Officer and the appointment of Robert McMaster as Senior Financial Adviser to the Chairman.

Supreme Court Denies Review of Massey Energy-Wheeling Pittsburg Ruling

02 December 2008 - Massey Energy comments on the United States Supreme Court’s decision to deny consideration of a July 2007 Circuit Court decision that awarded $220 million to Wheeling-Pittsburgh Steel.

Western Canadian Coal Suspends Development at Willow Creek Mine

28 November 2008 - Western Canadian Coal says it will temporarily suspend mining operations and future capital expenditures at the Willow Creek Mine at the end of November 2008.

Ohio EPA Grants Final Air Permit to Middletown Coke

26 November 2008 - Ohio EPA grants Sun Coke (doing business as Middletown Coke) a final air permit-to-install that paves the way for the company to begin its construction of three heat-recovery batteries adjacent to AK Steel’s Middletown Works.

Steel Imports Inch up Slightly in October 2008

26 November 2008 - The U.S. imported a total of 2,964,000 net tons of steel in October 2008, a 1% increase vs. September final data according to the latest report from AISI.

TMK Ipsco Announces Production Curtailment

25 November 2008 - TMK Ipsco is reducing output due to a recent surge of imported pipe into the North American marketplace.

AK Steel Recognizes Top Suppliers and Processors

17 November 2008 - AK Steel recognizes seven of its suppliers and processors for their outstanding service, value and strategic support of the steelmaker's business plan in 2008.

NLMK Terminates Agreement to Purchase John Maneely Company

17 November 2008 - Novolipetsk Steel terminates its agreement to buy DBO Holdings, the corporate parent of John Maneely Co., from The Carlyle Group.

Cliffs Natural Resources and Alpha Natural Resources Terminate Merger Agreement

17 November 2008 - Cliffs Natural Resources Inc. and Alpha Natural Resources, Inc. announced that the boards of directors of both companies have approved settlement of litigation brought by Alpha in Delaware Chancery Court and termination of the previously announced definitive merger agreement, under which Cliffs would have acquired all outstanding shares of Alpha.

Severstal Columbus Selects TIBCO Spotfire for Enterprise Analytics

14 November 2008 - Severstal Columbus (the former SeverCorr) chooses TIBCO Software’s Spotfire enterprise analytics platform to improve the management of its business and manufacturing processes.

Stainless, Specialty Imports Steady through August

14 November 2008 - Total stainless steel imports reached 543,757 tons through the first eight months of 2008, a 1.3% decrease compared to YTD August 2007, according to the latest report from SSINA. Total specialty imports reached 691,306 tons in the same period, a 0.4% decrease compared to YTD August 2007.

Timken Opens New Small-Bar Steel Rolling Mill

14 November 2008 - Timken officially opens its new $60-million small-bar steel rolling mill at the company’s Harrison Steel Plant in Canton, Ohio.

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