North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
U. S. Steel to Challenge ITC Decision on Welded Line Pipe from Mexico
22 November 2007 - United States Steel is challenging the ITC’s recent determination that revoking an antidumping duty order on large-diameter welded line pipe from Mexico would not be likely to cause material injury to domestic producers.
IISI Reports World Steel Production for October 2007
22 November 2007 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 114.0 million tonnes in October — 6.6% higher than for the same month of 2006.
ArcelorMittal to Acquire Equity Stake in General Moly
21 November 2007 - ArcelorMittal signs agreement to acquire a 12.6% equity stake in General Moly, as well as a letter of intent to enter a long-term off-take agreement for approximately 6.5 million pounds per year of molybdenum.
Harsco’s Excell Minerals Division Awarded New Contracts in Europe
21 November 2007 - Harsco’s newest operating division, Excell Minerals, receives contracts with ArcelorMittal's Imphy Alloys specialty steel works in France, and with BGH Freital’s specialty steel works in Germany.
IISI, Steel Industry Call for Review of BHP-Rio Tinto Alliance
21 November 2007 - Speaking on behalf of steel producers worldwide, the International Iron and Steel Institute issues a formal request that all relevant competition authorities review the proposed alliance between BHP and Rio Tinto.
PRO-TEC Wins Prestigious Malcolm Baldrige Award
21 November 2007 - The U.S. Department of Commerce selects PRO-TEC Coating Company as one of five recipients of the prestigious Malcolm Baldrige National Quality Award for 2007.
Steel Shipments Dip Further Below ‘06 Levels in September
20 November 2007 - U.S. steel mills shipped 8,492,000 net tons of steel in September 2007, a 7.7% decrease from the 9,199,000 net tons shipped in September 2006.
ArcelorMittal Plans Q1 Steel Price Increase for U.S., Q2 Increase for EU
20 November 2007 - Raw material and energy cost increases for 2008 are prompting ArcelorMittal to increase prices for flat steel products in the NAFTA and European markets.
Gerdau to Acquire MacSteel from Quanex
20 November 2007 - Brazil-based Gerdau Group signs definitive agreement for the acquisition of Quanex Corp.’s MacSteel business for US$ 1.458 billion in cash, plus the assumption of debt and certain liabilities.
Steelworkers Ratify Horsehead Labor Agreement at Monaca
19 November 2007 - The United Steelworkers local 8183 votes to accept a new labor contract with Horsehead at the company’s Monaca, Pa. facility.
Nucleus LLC to Provide Melt Manufacturing System to Carpenter Technology
19 November 2007 - Nucleus LLC is providing a primary melting manufacturing execution system to Carpenter Technology that will bring together the Level 2 control functions of the existing EAF and vacuum induction melting facilities at the company’s Reading, Pa., facility.
Symmetry Holdings Closes Acquisition of Novamerican Steel
19 November 2007 - Symmetry Holdings completes its acquisition of steel service center, processor and tubing manufacturer Novamerican Steel.
AK Steel Honors Four Companies with Supplier of the Year Awards
19 November 2007 - AK Steel honors four companies with its Supplier of the Year award for outstanding service, value and strategic support of the steelmaker's business plan.
Stainless, Specialty Imports Continue to Outpace ‘06 through first Eight Months
16 November 2007 - Total stainless imports reach 550,872 tons through the first eight months of 2007, a 2% increase compared to YTD 2006, according to the latest report from the Specialty Steel Industry of North America, while total specialty steel imports reach 694,271 tons over the same period, a 6% increase compared to YTD August 2006.
Ryerson Updates Noteholders on 3rd Quarter Financial Results
15 November 2007 - Ryerson provided holders of its Senior Secured Notes with summary financial results for the quarter ended September 30, 2007, noting that additional financial information would be provided on or about November 30, 2007.
Rolled Metal Products Acquires Torrington Brass & Steel
15 November 2007 - Rolled Metal Products announces the acquisition of Torrington Brass & Steel, a provider of slit and edge conditioned stainless and high carbon steel, as well as copper and brass wire and coil.
AISI Raises Competitiveness Concerns to Senate Committee
15 November 2007 - In testimony during a legislative hearing of America’s Climate Security Act of 2007 (S. 2191), AISI President and CEO Andrew G. Sharkey states that any climate change provisions must apply to foreign firms selling in the U.S. market in order to avoid dire consequences for the U.S. economy and the environment.
Horsehead, USW Reach Tentative Labor Agreement at Monaca Facility
14 November 2007 - Horsehead reaches a tentative agreement the bargaining committee of USW Local 8183 on a new labor contract for the Monaca, Pa., facility.
Claymont Steel Reports 3rd Quarter Results
14 November 2007 - Claymont Steel Holdings reported net income of $1.0 million on revenues of $71.5 million for the third quarter of 2007; earnings were impacted by difficulties restarting the reheat furnace following a scheduled maintenance shutdown at the plate mill.
Worthington Forms Joint Venture with LEFCO
14 November 2007 - Worthington Steelpac Systems acquires a 49% interest in crate and pallet manufacturer Lefco Industries.
