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North America

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

Latest News

Steel Dynamics Reports Record 1st Quarter Sales and Earnings

22 April 2008 - Steel Dynamics announces net income of $143 million on net sales of $1.9 billion for the first quarter of 2008.

Commerce Department to Continue Case on Threaded Rod from China

21 April 2008 - The U.S. Department of Commerce will continue to conduct its antidumping investigation of steel threaded rod imported from China.

Olympic Steel to Build New Southeast Processing Facility

21 April 2008 - Olympic Steel, Inc. has announced plans to construct a new processing facility in Sumter, S.C., at a total investment of approximately $10 million.

U. S. Steel Plans Carbon Alloy Synthesis, Co-Gen Facilities in Alabama

21 April 2008 - United States Steel files permit applications for construction of a new carbon alloy synthesis facility and cogeneration facility that has the potential to provide an environment-friendly, energy-efficient alternative carbon source for its Fairfield Works.

Reliance Steel & Aluminum Reports Record Quarterly Sales

18 April 2008 - Reliance Steel & Aluminum reports net income of $107.4 million on record sales of $1.91 billion for the first quarter ended March 31, 2008.

FeMET Initiative Seeks Proposals for Design, Curriculum Development Grants

18 April 2008 - FeMET Initiative is accepting design and curriculum development grant proposals for the 2008–2009 school year.

Nucor Reports Record 1st Quarter Results

18 April 2008 - Nucor reports consolidated net earnings of $409.8 million on record consolidated net sales of $4.97 billion for the first quarter of 2008, marking the company’s fifth consecutive year of reporting record first-quarter earnings.

Eaton Recognizes CMC Group for Supplier Excellence

17 April 2008 - Eaton Corp. honors CMC’s National Accounts Group as one of its ‘best suppliers’ for its scrap metal management program.

PricewaterhouseCoopers Report Reflects Continued M&A in Metals Industry

17 April 2008 - Report recently released by PricewaterhouseCoopers shows that global metals industry deals in North America soared to record levels in 2007, with 115 deals totaling $77 billion in value, accounting for 53% of total deal value in the global metals industry for 2007.

February Steel Shipments up 9.9% from Last February

17 April 2008 - U.S. steel mills shipped 9,174,000 net tons in February 2008, a 9.9% increase from the 8,350,000 net tons shipped in February 2007, but an 0.8% decrease from the 9,246,000 net tons shipped in the previous month, January 2008.

California Steel Reports 1st Quarter Results

17 April 2008 - California Steel Industries reports net income of $9.6 million on sales revenues of $369.2 million for its first quarter ended March 31, 2008.

ArcelorMittal and Nippon Steel to Add 2nd Continuous Galv Line at I/N Kote

17 April 2008 - ArcelorMittal and Nippon Steel announce plans to double galvanized production capacity at their I/N Kote joint venture with the addition of a new $240-million continuous galvanizing line.

AISI Group Develops Online Bar Steel Machinability Estimator

16 April 2008 - AISI introduces a new tool developed by the Long Product Market Development Group that can help automotive engineers complete calculations on the machining productivity of carbon and alloy steels in carbide tooling applications.

Steel Group Launches Global CO2 Emissions Data Collection Project

16 April 2008 - IISI implements Phase 2 of its global sectoral approach to climate change for the steel industry, which centers on the secure collection of CO2 emissions data from steel operations worldwide.

Insteel Industries Reports 2nd Quarter Results

16 April 2008 - Insteel Industries announces net earnings of $6.9 million on net sales of $77.3 million for the second quarter, and earnings from continuing operations of $11.1 million on net sales of $143.2 million for the six months ended March 29, 2008.

Core to Provide Consteel System for Estructurales Corsa Minimill

16 April 2008 - Danieli contracts Core Furnace Systems to design and supply a Consteel system for a new 1 million tonne/year minimill that Danieli will construct in Mexico for Estructurales Corsa.

IISI Provides Short Range Outlook for Steel Industry

16 April 2008 - In its just-released short-range outlook, the International Iron and Steel Institute forecasts that 2008 will still be another strong year for the steel industry, with apparent steel use projected to rise 6.7%, to 1282 million tonnes in 2008.

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