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North America

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

Latest News

Keystone Reports 2nd Quarter Results

11 August 2008 - Keystone Consolidated Industries reports net income of $21.9 million on net sales of $178 million for the second quarter, and net income of $35.5 million on net sales of $312.2 million for the first six months of 2008.

EPA and Republic Engineered Products Reach Agreement on Clean-Air Violations

08 August 2008 - The U.S. EPA reaches agreement with Republic Engineered Products on alleged Clean Air Act violations at the company's steel mill in Lorain, Ohio.

ThyssenKrupp Steel USA to Open Sales Office in Troy

07 August 2008 - ThyssenKrupp Steel USA announces plans to open a new sales office in Troy, Mich., to serve North American manufacturers with products from its new state-of-the-art carbon steel processing facility currently under construction in Calvert, Ala.

Steel Import Permit Applications Expand 9% in July

07 August 2008 - Steel import applications totaled 2,916,000 net tons in July, a 9% increase from both the 2,671,000 permit tons recorded in June 2008, and the June preliminary imports total of 2,675,000 net tons.

Gerdau Ameristeel Reports 2nd Quarter Earnings

07 August 2008 - Gerdau Ameristeel reports net income of $262.1 million on net sales of $2.5 billion for the second quarter, and net income of $425.1 million on net sales of $4.6 billion for the six months ended June 30, 2008.

Russel Metals Reports 2nd Quarter Earnings

06 August 2008 - Russel Metals reports net earnings of $79 million on consolidated revenues of $856 million for the quarter ended June 30, 2008.

Severstal Completes Esmark Acquisition

06 August 2008 - OAO Severstal completes its acquisition of Esmark Inc., which will now be known as Severstal Wheeling Holding Co.

Nucor’s David J Joseph Company Makes Two Acquisitions

06 August 2008 - Nucor subsidiary The David J. Joseph Co. signs a purchase agreement to acquire the assets of Missouri-based American Compressed Steel and substantially all the assets of Texas-based Victoria Recycling.

Steel Dynamics Realigns Organization

06 August 2008 - Steel Dynamics realigns its executive management structure, with each of the company's three current executive vice presidents assuming new responsibilities for various segments of the company, supported by additional corporate management appointments.

AK Steel Announces September 2008 Surcharges for Electrical Steels

06 August 2008 - AK Steel will add a $1,040 per ton surcharge to invoices for electrical steel products shipped in September 2008.

CMC Implements QMOS 10.5 at Seguin Plant

06 August 2008 - Commercial Metals’ Seguin, Texas, plant goes live with Quad Infotech’s QMOS system, making it the first mill to implement the new QMOS version 10.5.

AISI Announces Steel Market Development Institute

06 August 2008 - The American Iron and Steel Institute announces establishment of the AISI Steel Market Development Institute, which is funded through investment from eight of North America's leading steel producers and committed to growing steel's competitive position in the North American market.

Commercial Metals Sells Senior Unsecured Notes

05 August 2008 - Commercial Metals Company sells $500 million principal amount of Senior Unsecured Notes due 2018.

ArcelorMittal to Acquire Koppers’ Monessen Coke Plant

05 August 2008 - ArcelorMittal signs agreement to acquire the Koppers’ Monessen Coke Plant from Koppers for $US 160 million.

Reliance Steel & Aluminum Completes PNA Acquisition

05 August 2008 - Reliance Steel & Aluminum completes its acquisition of the outstanding capital stock of PNA Group Holding Corp., raises $500 million in a new unsecured term loan, and settles cash tender offers for PNA’s Senior Notes.

ArcelorMittal Plans US$600 Million Investment in Mexico

05 August 2008 - ArcelorMittal announces plans to construct a new steel mill in Mexico to produce rebar, merchant bar quality and special bar quality products for the local construction and automotive sectors.

U. S. Steel Announces Management Changes

04 August 2008 - United States Steel announces the appointment of Frederick T. Harnack as General Manager, Operational Excellence, with Kevin L. Zeik replacing him as General Manager, Research, effective immediately.

Carpenter Technology Reports Fiscal 4th Quarter, Full-Year Results

01 August 2008 - Carpenter Technology reports net income from continuing operations of $46.9 million on net sales of $556.3 million for the fourth quarter, and net income from continuing operations of $209.9 million on net sales of $1953.5 million for the year ended June 30, 2008.

Cleveland-Cliffs Reports Record Second-Quarter Results

01 August 2008 - Cleveland-Cliffs reports net earnings of $270 million on consolidated revenues of $1 billion for the second quarter, and net income of $287 million on revenues of $1.5 billion for the six months ended June 30, 2008.

2008 FeMET and StEEL Scholarships Awarded

01 August 2008 - The Ferrous Metallurgy Education Today (FeMET) and Steel Engineering Education Link (StEEL) initiatives award scholarships for 2008 that will provide selected students with scholarships and paid summer internships at a North American steel company.

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