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North America

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

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IISI Reports World Steel Production for July 2008

21 August 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 July 2008 — 6.2% higher than for the same month of 2007, but 1.6% lower than the previous month, June 2008.

Commerce Finds Unfair Dumping of Small-Diameter Graphite Electrodes from China

20 August 2008 - The U.S. Department of Commerce announces its affirmative preliminary determination in the antidumping duty investigation of imports of graphite electrodes from China.

Steel Shipments Creep 2.4% Higher in June

20 August 2008 - U.S. steel mills shipped 9,136,000 net tons in June, a 2.4% increase from June 2007 according to the latest report from AISI.

OSHA Cites Deshler Foundry for Workplace Safety and Health Violations

19 August 2008 - OSHA proposes $114,000 in fines against Cast Metals Inc. of Deshler, Ohio, for an alleged willful violation and multiple serious violations of federal workplace safety standards.

Tube City IMS Announces Executive Management Appointments

19 August 2008 - Tube City IMS announces the appointment of Joseph Curtin as Vice Chairman, and J. David Aronson as President of the Raw Material, Scrap Processing and Optimization Group.

Evraz NA Secures US$725 Million of Bank Financing

18 August 2008 - Evraz Group closes a five-year revolving credit facility and a five-year term loan facility for its North American division, Evraz NA.

Claymont Steel Announces Expiration of Tender Offer

15 August 2008 - Claymont Steel announces expiration of its cash tender offer for its 8.875% Senior Notes due 2015.

Essar Steel Algoma to Start up No. 6 Blast Furnace

15 August 2008 - Essar Steel Algoma will initiate startup of its No. 6 Blast Furnace, following receipt of the Certificate of Approval from the Ministry of the Environment.

Stainless, Specialty Imports Continue Their Slow Climb through May

15 August 2008 - Total stainless steel imports reached 342,747 tons through the first five months of 2008, a 3.2% increase compared to YTD May 2007, according to the latest report from SSINA. Total specialty steel imports grew by 2.9% over the same period.

Essar Steel Algoma Reports Strong 1st Quarter Results

15 August 2008 - Essar Steel Algoma reports net income of $89.0 million for the first quarter of fiscal 2008/09.

Steel Dynamics Announces OmniSource Promotions

14 August 2008 - Steel Dynamics announces management promotions and organizational changes at OmniSource, its wholly-owned metals recycling subsidiary.

Cliffs and Alpha File Preliminary Proxy and Registration Statement

13 August 2008 - Cleveland-Cliffs files a preliminary registration statement on Form S-4 with the Securities and Exchange Commission regarding its proposed merger with Alpha Natural Resources.

CMC Arkansas Implements QMOS as its MES System

13 August 2008 - CMC-Arkansas becomes the second Commercial Metals rolling mill to implement Quad Infotech’s QMOS System.

Steelworkers: This Contract is the New Standard

13 August 2008 - The USW says its new tentative agreement with U.S. Steel increases wages, improves pensions and benefits, addresses local working conditions, and provides for continued capital investments to keep the company’s facilities competitive.

U. S. Steel, USWA Reach Tentative Agreements Covering Domestic Flat-Rolled, Iron Ore, Some Tubular

13 August 2008 - United States Steel reaches a tentative agreement with the USW on a new four-year labor contract covering U. S. Steel's domestic flat-rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, Fairfield, Ala., and Lone Star, Texas.

Horsehead Reports 2nd Quarter Earnings

12 August 2008 - Horsehead Holding reports consolidated net income of $13.9 million on net sales of $130.5 million for the second quarter of 2008.

ALJ Announces 3rd Quarter Earnings for Kentucky Electric

12 August 2008 - ALJ, the parent company of Kentucky Electric Steel, reports net income of $2.7 million on net sales of $51.1 million for the quarter, and net income of $9.5 million on net sales of $133.4 million for the nine months ended June 30, 2008.

Nucor Part of Select Group Renewing Performance Track Commitments

12 August 2008 - Nucor Steel’s Auburn Plant is one of 96 facilities that have renewed their membership in EPA's National Environmental Performance Track program, which encourages facilities to work toward goals that are beyond current legal requirements.

Gibraltar Reports 2nd Quarter Earnings

11 August 2008 - Gibraltar Industries reports net income of $20.1 million on net sales of $379.2 million for the second quarter, and net income of $26.8 million on net sales of $704.8 million for the six months ended June 30, 2008.

Cloud Peak Energy Files Registration Statement for Proposed IPO

11 August 2008 - Rio Tinto subsidiary Cloud Peak Energy files registration statement with the U.S. Securities and Exchange Commission regarding its proposed initial public offering of common stock.

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