Open / Close Advertisement
▶Subscribe to the Steel News Rewind Newsletter

North America

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

Latest News

U. S. Steel, Worthington to Expand Specialty Processing Joint Venture

24 September 2008 - United States Steel and Worthington Industries announce plans to expand and modify their current Worthington Specialty Processing joint venture with the addition of U.S. Steel’s ProCoil steel processing subsidiary and Worthington’s Worthington Steel Taylor subsidiary.

Russel Metals Announces Automatic Share Purchase Plan

23 September 2008 - Russel Metals enters into an automatic share purchase plan with a broker to facilitate repurchases of its common shares under its previously announced normal course issuer bid.

Steel Dynamics Increases Share Repurchase Authorization Again

23 September 2008 - Steel Dynamics’ Board of Directors approves a further increase of 5 million shares to its existing share repurchase program.

IISI Reports World Steel Production for August 2008

22 September 2008 - Figures released by the International Iron and Steel Institute show that world crude steel production for the 67 countries reporting stood at an estimated 117.2 million tonnes in August 2008 — 6.2% higher than for the same month of 2007, but 1.6% lower than the previous month, July 2008.

Essar Lays Foundation for Essar Steel Minnesota

22 September 2008 - Essar Steel Holdings holds groundbreaking ceremony for the steelmaking facility it will build in Minnesota's famous Iron Range as an integral part of Essar Steel Minnesota, LLC, the steelmaking project previously known as Minnesota Steel.

Schnitzer Steel Acquires Puerto Rican Metals Recycler

19 September 2008 - Schnitzer Steel Industries signs definitive agreement to acquire Ponce Resources, a Puerto Rican ferrous and nonferrous scrap metal processor.

Timken Invests $14 Million in Thermal Treatment Facility

19 September 2008 - Timken invests $14 million in a new thermal treatment facility for the production of heat-treated steel bars and tubes at its steel plant in Canton, Ohio.

AISI Expresses Disappointment in House Energy Bill Restrictions

18 September 2008 - AISI expresses disappointment at the restrictive nature of the House energy bill, which was adopted this week by a vote of 236 to 189.

EPA to Help Chinese Coal Mines Find Ways to Reduce Greenhouse Gas Emissions

18 September 2008 - The U.S. EPA commits more than $1 million to assess the economic and technical feasibility of recovering and using methane from coal mines in China as part of its Methane to Markets partnership.

Reliance Steel & Aluminum Acquires HLN Metal

18 September 2008 - Reliance Steel & Aluminum acquires the assets of the Singapore operation of HLN Metal Centre Pte. Ltd. For a purchase price of approximately $2.6 million.

Steel Shipments Up 3.8% in July

18 September 2008 - U.S. steel mills shipped 9,175,000 net tons in July, a 3.8% increase from the 8,844,000 net tons shipped in July 2007 according to the latest report from AISI.

Allegheny Technologies Announces Strategic Investment Program

18 September 2008 - Allegheny Technologies announces a new $1.16-billion, four-year strategic investment in its Flat-Rolled Products segment that has been approved by the company’s Board of Directors, but is subject to satisfactory resolution of several open issues.

Allegheny Technologies Comments on Share Repurchases

17 September 2008 - Allegheny Technologies Chairman, President and CEO reports on the company’s purchase of shares in the third quarter through ATI’s share repurchase program.

Cleveland-Cliffs’ Tilden Mine Certified Compliant to ISO 14001

17 September 2008 - Cleveland-Cliffs’ Tilden Mine is certified compliant to the ISO 14001 standard for Environmental Management Systems.

Universal Stainless to Continue Operations at Bridgeville Facility

16 September 2008 - Universal Stainless & Alloy Products agrees with Local 9531 of the United Steelworkers to continue operations at the company's Bridgeville facility while the parties continue negotiations for a new labor agreement.

Decline in Stainless Steel Production Slows in Second Quarter

16 September 2008 - Worldwide production of crude stainless steel decreased 1.8% in the first half of 2008 as compared to the same period of 2007, according to preliminary figures released by the International Stainless Steel Forum.

Nucor Increases Third Quarter Earnings Guidance

16 September 2008 - Nucor increases its third-quarter earnings guidance based on improved performance, strong contributions from acquisitions, and a lower-than-expected LIFO charge prompted by lower scrap prices.

Timken Product Wins Innovation Award from Brammer

12 September 2008 - European distributor Brammer awards Timken the Innovation of the Year Award for its StatusCheck wireless condition monitoring system.

Venture Steel Welcomes Senior Industry Sales Executive

11 September 2008 - Venture Steel announces the addition of 28-year industry veteran Rob DeBoer as Director of Sales.

Cleveland-Cliffs to Make Offer for Outstanding Shares in Portman

11 September 2008 - Cleveland-Cliffs announces its intention to make an off-market takeover offer for all remaining shares in Portman Limited as a last and final cash offer with a price of A$21.50 per Portman Share.

Page 371 of 521
View Latest Steel News