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North America

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

Latest News

AISI Releases Expanded Report on U.S. Indirect Steel Trade

10 October 2007 - The American Iron and Steel Institute has updated its analysis of U.S. indirect steel trade, a report that identifies the volume and value of steel imported and exported between the United States and 11 major countries and four regions.

Republic Introduces New Advertising Campaign

09 October 2007 - Republic Engineered Products introduces a new advertising campaign focused on the company’s heritage in high-quality steel bar and coil products.

AK Steel Reaches VEBA Settlement with Middletown Retirees

09 October 2007 - AK Steel reaches agreement with a group of Middletown Works retirees to settle a lawsuit stemming from the company's initiatives in 2006 to reduce its retiree health care costs.

Olympic Steel Announces Scholarship Recipients

05 October 2007 - Olympic Steel announces seventeen recipients of its corporate scholarship program – nine new awardees, and eight renewals.

Claymont Steel Lowers Third-Quarter Earnings Expectations

05 October 2007 - An unexpectedly difficult reheat furnace restart and a resultant drop in output are prompting Claymont Steel to lower its third-quarter earnings expectations down to the range of $0.05 to $0.10 per share.

Steel Dynamics Announces Offering of Notes

05 October 2007 - Steel Dynamics plans to sell approximately $500 million in aggregate principal amount of debt securities in a transaction exempt from the registration requirements of the Securities Act of 1933.

Steel Import Permit Applications Decline 10% in September

05 October 2007 - Although steel import permit applications for the month of September 2007 reflect a 10% decrease from previous month, year-to-date totals are still 10% higher than for the same period in 2005.

AK Steel Announces November Electrical Steel Surcharges

04 October 2007 - AK Steel will add a $240 per ton surcharge to invoices for electrical steel products shipped in November 2007.

Ryerson Announces Convertibility of Senior Notes

04 October 2007 - Ryerson's 3.50% Convertible Senior Notes due 2024 will be convertible beginning October 4, 2007 through November 21, 2007, the date on which Ryerson's fundamental change repurchase offer is expected to expire.

Keystone Announces Subscription Rights Offering

04 October 2007 - Keystone Consolidated Industries has filed a preliminary registration statement that would allow Keystone's common stockholders to purchase an aggregate of 2,500,000 shares of Keystone's common stock for a purchase price of $10.00 per share.

Court Issues Order for Novamerican Steel Arrangement with Symmetry

04 October 2007 - The Superior Court of Quebec issued interim order providing for Novamerican Steel to hold a special shareholders meeting to consider the announced arrangement with Symmetry.

FeMET Initiative Issues Curriculum Development Program Grants

04 October 2007 - The FeMET Initiative has awarded curriculum development grants to seven university professors to fund proposals designed to enhance or update industry curriculum in ferrous metallurgy programs.

PTC Alliance to Meet with Federal Mediator and Union

04 October 2007 - Welded and cold drawn mechanical steel tubing manufacturer PTC Alliance agrees to a request that it meet with the federal mediator and the United Steelworkers to discuss the strike of roughly 200 workers at its Alliance, Ohio, plant.

Gibraltar to Sell the Assets and Cease the Operations of Its Hubbell Steel Subsidiary

04 October 2007 - Gibraltar Industries is selling the assets and ceasing operations of its Hubbell Steel subsidiary in support of its ongoing effort to sell non-core assets and businesses.

Reliance Completes Acquisition of Metalweb

03 October 2007 - Reliance Steel & Aluminum completes its purchase of Metalweb plc, a Birmingham, England, based metal service center with three additional centers in England.

Horsehead Appoints Shilling as Director

03 October 2007 - Horsehead has appointed Dr. Jack Shilling, former President of Allegheny Ludlum, to its Board of Directors. 

CMC Steel Boosts EAF Operator Safety with Automated Motank Equipment

03 October 2007 - CMC Steel South Carolina reduces the need for a man-driven forklift at the EAF with the addition of Moré’s Motank machine, a dedicated remote-controlled truck equipped with a horizontal ram.

ITC to Uphold Duties on Welded Line Pipe from Japan, Revoke Duties for Mexico

03 October 2007 - The U.S. International Trade Commission will uphold the existing antidumping duty order on imports of welded large diameter line pipe from Japan, but will revoke the existing order on imports of this product from Mexico.

Gerdau Ameristeel and USW Reach Agreement at Sand Springs, Calvert City

03 October 2007 - Gerdau Ameristeel reaches agreements with the United Steel Workers at the company's Sand Springs, Okla., and Calvert City, Ky., steel mills.

OSHA Cites Universal Stainless & Alloy for Safety and Health Violations

02 October 2007 - OSHA is proposing $126,500 in penalties for alleged safety and health violations at Universal Stainless & Alloy Products.