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North America

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

Latest News

AK Tube Honored for Perfect Safety Record

08 May 2008 - The Fabricators & Manufacturers Association, International has awarded AK Tube’s Columbus, Ind., plant its Safety Award of Honor for having no recordable illnesses or injuries in 2007.

Steel Import Permit Applications Jump 14% in April

08 May 2008 - Steel import permit applications totaled 2,911,000 net tons for the month of April, a 14% increase from the 2,546,000 permit tons recorded in the previous month, March 2008.

Kocks to Supply Reducing & Sizing Block for Republic’s Lackawanna Mill

08 May 2008 - Kocks Pittsburgh will supply a 3-roll Reducing & Sizing block for Republic Engineered Steel’s modernization of their mill in Lackawanna, N.Y.

Severstal Completes Acquisition of Sparrows Point

08 May 2008 - OAO Severstal completes its acquisition of the Sparrows Point integrated steel mill from ArcelorMittal for US$810 million, net of debt.

Parsytec to Supply 2nd Surface Inspection System for SeverStal NA

07 May 2008 - Parsytec AG will supply a second hot mill surface inspection system for SeverStal North America’s facility in Dearborn, Mich.

AK Steel Announces June 2008 Surcharges for Electrical Steels

07 May 2008 - AK Steel will add a $640 per ton surcharge to invoices for electrical steel products shipped in June 2008.

ITC to Conduct Sunset Review of Steel Reinforcing Bar from Turkey

07 May 2008 - The U.S. International Trade Commission votes to conduct a full five-year sunset review of an antidumping duty order on steel concrete reinforcing bar from Turkey.

AISI Honors Andrew Sharkey with 2008 Gary Memorial Medal

07 May 2008 - The American Iron and Steel Institute awards Andrew G. Sharkey III as the 2008 recipient of the Institute’s Gary Memorial Medal.

Esmark Receives Financing Package from Essar Steel Holdings

07 May 2008 - Essar Steel Holdings completes a new $31 million term loan facility to its wholly owned subsidiary Esmark Steel Services Group and refinancing of the existing $79 million Government guaranteed Wheeling-Pittsburgh Steel term loan.

ThyssenKrupp Steel USA Announces New Communications Director for Calvert Facility

06 May 2008 - ThyssenKrupp Stainless USA announces the appointment of Mary Mullins as Director of Communications, covering the stainless steel segment of the company’s new carbon steel and stainless steel facility in Calvert, Ala.

Kentucky Electric Steel Reaches Labor Accord

06 May 2008 - United Steelworkers Local 7054 and Kentucky Electric Steel reach agreement on a new five-year labor contract.

Cleveland-Cliffs Inc Reports 1st Quarter Results

06 May 2008 - Cleveland-Cliffs reports 2008 net income of $16.7 million on record consolidated revenues of $494.4 million for the quarter ended March 31, 2008.

U. S. Steel Breaks Ground on Heat Recovery Coke Plant at Granite City

06 May 2008 - United States Steel and SunCoke Energy break ground on a $570 million joint capital investment program to construct a new state-of-the-art 650,000 ton/year coke facility adjacent to U. S. Steel’s Granite City Works.

ArcelorMittal Realigns Flat Carbon Americas and USA Management Teams

05 May 2008 - ArcelorMittal announces sweeping changes to its Flat Carbon Americas (FCA) management team, with Leonard Chuderewicz assuming the role of Vice President Operations, Flat Carbon Americas; and incoming AIST President Andrew Harshaw assuming the role of Chief Operating Officer, ArcelorMittal USA.

Conversion Rights Triggered on Gerdau Macsteel Convertible Debentures

05 May 2008 - Gerdau Macsteel's 2.50% Convertible Senior Debentures due May 15, 2034, are convertible by holders effective May 1, 2008.

Universal Stainless Increases Tool Steel Base Price

05 May 2008 - Universal Stainless & Alloy will increase base price by 5 to 7% for all tool steel products manufactured at its Bridgeville and Dunkirk facilities.

AK Steel to Increase Carbon Steel Prices

05 May 2008 - AK Steel will increase spot market prices for its carbon steel products by $75 per ton for all new orders, effective immediately.

Worthington Industries President and CFO to Retire

05 May 2008 - Worthington Industries President and CFO John Christie requests early retirement, but will stay with the company through the end of July to permit an orderly close of the company’s yearly financial statements and a smooth transition to a new CFO.

Latrobe Specialty Steel to Continue Production

02 May 2008 - Latrobe Specialty Steel says that its production, finishing, and delivery operations would continue despite a strike by 375 hourly workers at its Latrobe, Pa., facility.

Iron Ore Company of Canada Settles Prices with ThyssenKrupp

02 May 2008 - The Iron Ore Company of Canada reaches agreement with ThyssenKrupp Steel AG on prices for IOC Carol Lake iron pellets and concentrates for 2008.

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