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North America

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

Latest News

Wheeling Corrugating President Resigns

13 July 2007 - Steven Sorvold, President of Wheeling Corrugating (an operating division of Wheeling Pittsburgh) has resigned from the company, effective July 31, 2007. 

ArcelorMittal Broadens Strategic Alliance with Nippon Steel

13 July 2007 - ArcelorMittal signs Memorandum of Understanding with Nippon Steel expanding the companies’ global strategic alliance and current joint business ventures in North America.

Stainless Steel Production Flat in First Quarter

12 July 2007 - Global stainless crude steel production reached 7.6 million tonnes in the first quarter of 2007 according to the International Stainless Steel Forum, an 0.7% increase compared to the final quarter of 2006.

U. S. Steel Appoints Senior Counsel for Tubular Unit

12 July 2007 - United States Steel announces the appointment of George J. Stewart as Senior Counsel—Tubular.

OSHA Cites Republic for Safety and Health Violations

12 July 2007 - The Occupational Safety and Health Administration proposes $163,000 in fines against Republic Engineered Products for alleged multiple willful, serious and repeat violations of federal workplace safety and health standards.

Chaparral Steel Reports Record Year-End Earnings

12 July 2007 - Chaparral Steel reports record net income of $80.2 million on net sales of $489 million for the fourth quarter, and record net income of $269.3 million on net sales of $1723 million for the 2007 fiscal year.

Future a Little Brighter for Potential Hamilton Specialty Buyer

11 July 2007 - Reaching a tentative agreement with the possible buyer for Hamilton Specialty Bar, steelworkers say the plant could reopen as early as August.

Domestic Industry Applauds ITC Decision on Rebar Imports

11 July 2007 - AISI, SMA, and counsel to the Rebar Trade Action Coalition express their appreciation to the U.S. International Trade Commission for its decision to maintain antidumping duties on steel reinforcing bar imports from China, Belarus, Indonesia, Latvia, Moldova, Poland and Ukraine.

ITC to Uphold Most Antidumping Duties on Rebar

11 July 2007 - The U.S. International Trade Commission will uphold existing antidumping duty orders on steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine, but will revoke a similar order for the same product imported from Korea.

Gerdau Ameristeel to Acquire Chaparral Steel

11 July 2007 - Gerdau Ameristeel signs definitive merger agreement to acquire Chaparral Steel for US$86.00 per share in cash, valuing Chaparral Steel's equity at US$4.22 billion.

Schnitzer Steel Reports Record 3rd Quarter Earnings

10 July 2007 - Schnitzer Steel Industries reports net income of $44 million for the fiscal 2007 third quarter, a third-quarter record, and net income of $93 million for the first nine months ended May 31, 2007.

UAW Members Ratify Contract at Rockport Works

10 July 2007 - Members of the United Auto Workers Local 3044 ratify a new six-year labor agreement covering about 190 hourly production employees at AK Steel's Rockport Works.

Carpenter Announces New Chief Financial Officer

10 July 2007 - Carpenter Technology announces that K. Douglas Ralph has joined the company as Senior Vice President—Finance and Chief Financial Officer, effective immediately.

USW Local Authorizes Salaried Algoma Staffers to Strike

09 July 2007 - Members of the United Steelworkers' (USW) Local 2724, representing 586 salaried staff at Algoma Steel, have given a strong mandate to their negotiating team by voting in favor of strike action if their executive concludes that it is necessary to reach a contract settlement.

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