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North America

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

Latest News

IISI Reports World Steel Production for January 2008

25 February 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 113.0 million tonnes in January — 4.9% higher than for the same month of 2007.

OSHA Cites Auburn Metal Processing for Safety Violations

22 February 2008 - OSHA cites Auburn Metal Processing for a total of 22 alleged serious and repeat violations of safety standards following the death of an employee who became caught in a conveyor belt.

Reliance Steel & Aluminum Reports Record Results for 2007

22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.

Court Approves AK Steel VEBA Settlement with Middletown Retirees

22 February 2008 - The U.S. District Court in Cincinnati approves an agreement between AK Steel and a group of retirees from its Middletown Works that resulted in establishment of a Voluntary Employees Beneficiary Association trust covering approximately 4900 current Middletown Works retirees.

OSHA Cites Auburn Metal Processing for Safety Violations

22 February 2008 - OSHA cites Auburn Metal Processing for a total of 22 alleged serious and repeat violations of safety standards following the death of an employee who became caught in a conveyor belt.

Reliance Steel & Aluminum Reports Record Results for 2007

22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.

Court Approves AK Steel VEBA Settlement with Middletown Retirees

22 February 2008 - The U.S. District Court in Cincinnati approves an agreement between AK Steel and a group of retirees from its Middletown Works that resulted in establishment of a Voluntary Employees Beneficiary Association trust covering approximately 4900 current Middletown Works retirees.

Tube City IMS Canada Announces Two Management Appointments

21 February 2008 - Tube City IMS Canada announces the appointment of an Account Executive and a District Manager of Scrap Operations for its Ontario, Canada, operations.

Quanex Schedules Special Meeting to Approve Merger Agreement

21 February 2008 - Quanex will hold a special meeting for stockholders to approve and adopt the agreement and plan of merger between Quanex and a subsidiary of Gerdau SA.

Commerce Department to Investigate Welded Austenitic Pipe from China

21 February 2008 - Department of Commerce initiates antidumping and countervailing duty investigations of circular welded austenitic stainless pressure pipe from P.R. China.

Nucor to Construct New Coil Processing Center in Mexico

21 February 2008 - Nucor announced plans to construct a new sheet and coiled plate processing center in Mexico with an anticipated capacity in excess of 500,000 tons/year.

Tube City IMS Announces Promotions

20 February 2008 - Tube City IMS announces the appointment of a new Vice President of North American Sales and Business Development, as well as the promotion of several of its managers.

IISI, Steel Industry Renew Call for Review of BHP-Rio Tinto Alliance

20 February 2008 - Representing the interests of steel producers worldwide, the International Iron and Steel Institute renews its formal request that all relevant competition authorities review the proposed alliance between BHP Billiton and Rio Tinto.

Grupo Simec Announces Possible Acquisition of Aceros DM

20 February 2008 - Grupo Simec reports that it is negotiating the possible acquisition of Corporacion Aceros DM, an EAF-based manufacturer of long steel products headquartered in San Luis Potosi, Mexico.

December Steel Shipments up 11.6% Versus Last Year

20 February 2008 - U.S. steel mills shipped 8,495,000 net tons in December 2007, an 11.6% increase from the 7,609,000 net tons shipped in December 2006, according to the latest report from the American Iron and Steel Institute.

Tube City IMS Names Corporate Controller

19 February 2008 - Tube City IMS announces that Electa Boyle has joined the company's Finance Department as Corporate Controller.

Russel Metals Announces Executive Promotions

19 February 2008 - Russel Metals announces the promotion of two senior executives to the positions of Chief Operating Officer and Chief Financial Officer.

AK Steel to Increase Carbon Steel Prices

19 February 2008 - AK Steel will increase spot market prices for carbon steel products, effective immediately for all new orders.

Russel Metals Announces Year-End 2007 Results

19 February 2008 - Russel Metals announces net earnings of $25.3 million on revenues of $598.4 million for the fourth quarter, and net earnings of $111.2 million on revenues of $2559.2 million for the year ended December 31, 2007.

U. S. Steel Announces Retirement of Senior Vice President

19 February 2008 - John J. Connelly, U. S. Steel’s Senior Vice President—Strategic Planning and Business Development, will retire at the end of February following more than 37 years of service to the company.

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