North America

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

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AK Steel and UAW Reach Tentative Agreement at Rockport

02 July 2007 - AK Steel and the United Auto Workers reach a tentative agreement on a new labor contract at the company's Rockport Works in Indiana.

Worthington Reports Fourth Quarter and Fiscal Year Results

29 June 2007 - Worthington Industries reports net earnings of $38.2 million on net sales of $786.6 million for the fourth quarter, and net earnings of $113.9 million on net sales of $2,971.8 million for the twelve-month period ended May 31, 2007. Annual earnings were the third best in the company’s history, after fiscal 2005 and fiscal 2006.

U. S. Steel Names Plant Manager for Longview Operations

29 June 2007 - United States Steel has named Dennis G. Quirk as Plant Manager for Longview Operations, a further result of the company’s ongoing organization of its tubular business unit following completion of its Lone Star Technologies acquisition.

Imports Jump to Monthly High in May

28 June 2007 - The U.S. imported 3,210,000 net tons of steel in May 2007, a 13% increase compared to the previous month, according to the latest report from the American Iron and Steel Institute (AISI). Finished steel imports were up 25% over the previous month’s final data, and monthly totals for both categories reached their highest monthly totals for the year.

Steel Dust Recycling Facility Planned for Southern United States

28 June 2007 - Steel Dust Recycling, LLC announces plans to build a Waelz Kiln facility in northwestern Alabama capable of recycling 110,000 tons of EAF dust per year. 

Steelscape, California Steel Honored as Good Corporate Citizens

28 June 2007 - California Steel and Steelscape were among 435 companies recognized as “good corporate citizens” for the year 2006 by the Sanitation Districts of Los Angeles County.

CMC Steel Texas to Cut Mercury at Seguin Plant

27 June 2007 - CMC Steel Texas partners with the Environmental Protection Agency to reduce mercury at its Seguin, Texas, plant as part of the EPA’s National Partnership for Environmental Priorities program.

U. S. Steel Announces Tubular Operations Management

27 June 2007 - Following completion of its Lone Star Technologies, United States Steel is now announcing initial appointments to the operations organization for its tubular business unit.

Northwest Pipe Announces $7.5-Million Order

26 June 2007 - Northwest Pipe is named pipe supplier for a water transmission pipeline for Gwinnett County Department of Public Utilities.

IISI Reports World Crude Steel Productions for May 2007

26 June 2007 - World crude steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 112.2 million tonnes in May — 6.4% higher than for the same month of 2006. Excluding China, world production grew by just 1.7% compared to May 2006.

U. S. Steel Lines up New Tubular Products Commercial Organization

26 June 2007 - With the completion of its acquisition of Lone Star Technologies and related companies, U.S. Steel announces changes to its tubular products commercial organization structure.

Nucor to Acquire Building Systems Supplier Magnatrax

26 June 2007 - Nucor enters into Merger Agreement to acquire Magnatrax, a leading provider of custom-engineered non-residential metal building systems, for a cash purchase price of approximately $280 million.

Domestic Producers Express Concern over Chinese Export Commitments

25 June 2007 - The American Iron and Steel Institute and the Steel Manufacturers Association express strong doubts regarding China’s stated commitment to limit steel exports to 10% of total production.

Metals USA Reports Projected 2nd Quarter Results

22 June 2007 - Metals USA announces projected second quarter operating results, including net income in the range of $13.7 to $14.7 million on net sales that will range from $475 to $490 million.

Prescription Benefits Improved for Wheeling-Pitt Retirees, Spouses

22 June 2007 - The United Steelworkers announce a benefit increase for Medicare-eligible Wheeling-Pittsburgh Steel retirees who lost health coverage when the company reorganized under Chapter 11 and subsequently enrolled in the Wheeling-Pitt Voluntary Employees’ Beneficiary Association’s Advantra programs.

April Steel Shipments Down 5.2% from Previous Month

22 June 2007 - U.S. steel mills shipped 8,849,000 net tons of steel in April 2007 according to the latest report from the American Iron and Steel Institute.

Reliance to Acquire Clayton Metals

21 June 2007 - Reliance Steel & Aluminum will acquire the outstanding capital stock of Wood Dale, Ill., based Clayton Metals, processor and distributor of aluminum, stainless steel, and red metal flat-rolled products, custom extrusions and aluminum circles.

Cliffs Names Director of Investor Relations and Communications

21 June 2007 - Cleveland-Cliffs announces the appointment of Steven Baisden as Director of Investor Relations and Corporate Communications, effective June 18, 2007.

CMC Reports Record Third Quarter

21 June 2007 - Boosted by record-setting results in four of its five operating segments, Commercial Metals reports net earnings of $99.4 million on net sales of $2.3 billion for the quarter ended May 31, 2007, ranking it as the strongest third quarter ever reported by the company.

ArcelorMittal CEO Says Quality, Sustainability are Key to Steel’s Future

21 June 2007 - To stimulate its long-term potential, the steel industry needs to start benchmarking itself against leading global manufacturing and service companies, according to Lakshmi Mittal, President and CEO of ArcelorMittal.

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