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North America

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

Latest News

AK Steel Reports 3rd Quarter Results

24 October 2007 - AK Steel reports net income of $108.4 million on net sales of $1,721.7 million for the third quarter, and net income of $281.0 million on record net sales of $5,311.1 million for the first nine months of 2007.

SMA Names New Leadership for Board of Directors

23 October 2007 - The SMA Board of Directors announces Gerdau Ameristeel President and CEO Mario Longhi as the new Chairman for 2008-2009, replacing Gallatin Steel President Don Daily, who served as SMA’s Chairman for the past two years.

AK Steel to Upgrade Specialty Steel Operations

23 October 2007 - AK Steel is planning capital investments including a new electric arc furnace, new ladle metallurgy furnace, and additional electrical steel finishing equipment at its specialty steel operations in Butler and Zanesville.

Reliance Names Chairman of the Board and CEO

22 October 2007 - Reliance Steel & Aluminum announces that David H. Hannah, currently Chief Executive Officer, has been elected to the additional role of Chairman of the Board, effective October 17, 2007.

Universal Stainless Announces New Addition to Board

22 October 2007 - Universal Stainless & Alloy Products announces that Dennis M. Oates has joined the company's Board of Directors, filling the independent Board seat left vacant by the retirement of George Keane in May.

Timken to Increase SBQ Product Prices

22 October 2007 - Timken plans to increase base prices on hot-rolled, cold-finished, and single-thermal-treated special bar quality products by $30 per ton.

Gerdau Ameristeel Announces Selected 3rd Quarter Results

22 October 2007 - Gerdau Ameristeel reports selected preliminary comparative financial and operating data for the third quarter and nine months ended September 30, 2007 and 2006, including results for Chaparral from the date of its acquisition on September 14, 2007.

Cargill and Robinson Steel Finalize Joint Venture

19 October 2007 - Global iron and steel trader, processor and distributor Cargill has joined with RPS manufacturer and distributor Robinson Steel to form a new venture named Cargill Robinson, LLC.

Nafta and Latin American Steel Associations Develop Work Program

19 October 2007 - Representatives of five major NAFTA steel associations met recently with representatives of the Latin American Iron and Steel Association to discuss trade and other policy issues of common concern.

Reliance Reports 3rd Quarter Results

19 October 2007 - Reliance Steel & Aluminum reported net income of $93.6 million on sales of $1.81 billion for the third quarter and record net income of $328.0 million on record sales of $5.55 billion for the nine months ended September 30, 2007.

EPA Raises Additional Objections to Draft Permit for Gary Works

19 October 2007 - The U.S. EPA outlines three more objections to the draft wastewater discharge permit proposed by the State of Indiana for U.S. Steel’s Gary Works, following initial objections raised by EPA earlier this month.

Nucor Reports 3rd Quarter Results

19 October 2007 - Nucor reports consolidated net earnings of $381.2 million on consolidated net sales of $4.26 billion for the third quarter, and consolidated net earnings of $1.11 billion on consolidated net sales of $12.20 billion for the first nine months of 2007.

Ryerson Shareholders Approve Merger Agreement

18 October 2007 - Ryerson stockholders approve Platinum Equity’s acquisition of Ryerson in a vote that took place during a special meeting of stockholders on Wednesday, Oct. 17.

August Steel Shipments Sink Below August ‘06 Level

18 October 2007 - U.S. steel mills shipped 9,209,000 net tons in August 2007, a 4.0% decrease from August 2006 shipments, and a 4.1% increase from the 8,844,000 net tons shipped in the previous month, July 2007.

Siemens to Supply 4-Strand Billet/Bloom Caster for Steel Dynamics

18 October 2007 - Steel Dynamics contracts Siemens to engineer and manufacture a new 4-strand billet/bloom casting machine for its Structural and Rail Division in Columbia City, Ind.

Carpenter Technology Names Chief Marketing Officer

17 October 2007 - Carpenter Technology announces that Sanjay Guglani has joined Carpenter as Vice President and Chief Marketing Officer, effective October 22, 2007.

Carpenter Technology Announces 2-for-1 Stock Split

17 October 2007 - Carpenter Technology’s Board of Directors approves a two-for-one split of the company's common stock in the form of a stock dividend.

California Steel Reports 3rd Quarter Results

17 October 2007 - California Steel Industries reports net income of $1.8 million on sales of $335.4 million for the third quarter, and net income of $11.3 million on sales revenues of $985.9 million for the nine months ended September 30, 2007.

SMS Demag to Supply Hot Mill, Cold Rolling Complex for new TKS Mega-Mill

17 October 2007 - ThyssenKrupp Steel awards SMS Demag an order for a hot strip mill and cold rolling complex for the new high-capacity steel and stainless steel producing and processing facility planned for Calvert, Ala.

Steel Dynamics Reports 3rd Quarter Earnings

17 October 2007 - Steel Dynamics announces earnings of $101 million on revenues of $1.2 billion for the third quarter and net income of $297 million on revenues of $2.9 billion for the first nine months of 2007.