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North America

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

Latest News

Novamerican Steel Reports Record Sales for 2005

11 January 2006 -  

Alpha Steel Joins Macsteel Service Centers Umbrella

05 January 2006 -  

Roanoke Electric Steel Reports Record Year-End Results

05 January 2006 -  

Alpha Steel Joins Macsteel Service Centers Umbrella

05 January 2006 -  

Roanoke Electric Steel Reports Record Year-End Results

05 January 2006 -  

Ryerson Confirms Receipt of Director Nomination Proposal

04 January 2006 -  

Anticipated Record Imports for 2006 Prompt AISI Call for Action

04 January 2006 -  

Harbinger Capital Partners Seeks to Replace Ryerson Directors

03 January 2006 -  

Algoma Steel Makes Pension Prepayment

30 December 2005 - Algoma Steel Inc. announced that it made an advance contribution to its pension plans of $50 million in December in order to reduce 2005 income taxes and generate higher returns on the pension fund assets as compared to cash balances.

Mittal Steel in Talks with Baotou Steel

29 December 2005 - Mittal Steel Co. has confirmed that it is involved in discussions with Baotou Iron and Steel Group Co., Ltd. about a possible participation in this company.

Steel Imports Slip in November, Despite Hefty Product Line Gains

29 December 2005 - The United States imported a total of 2,365,000 net tons of steel in November, according to the latest report by the American Iron and Steel Institute (AISI). The total reflects a 16% decrease compared to the previous month, October 2005. The report, which is based on preliminary Census Bureau data, also shows that total imports included 1,894,000 net tons of finished steel, an 8% decrease compared to the previous month (October 2005).

Steel Dynamics Announces Vice President of Ferrous Resources

28 December 2005 - Steel Dynamics, Inc. has promoted Richard J. Brady, 39, to the position of Vice President of Ferrous Resources, effective January 1, 2006.

Maverick Tube Announces Canadian Amalgamation

27 December 2005 - Maverick Tube Corp. announced the amalgamation of certain of its Canadian subsidiaries.

ITC Votes to End Cases on Steel Wire Rod Imports from China, Germany and Turkey

27 December 2005 - The United States International Trade Commission (ITC) has failed to find a reasonable indication of real or threatened injury to a U.S. industry in regards to carbon and alloy steel wire rod imported from China, Germany, and Turkey that are allegedly sold in the United States at less than fair value.

Arcelor to Enhance Offer for Dofasco Acquisition

26 December 2005 - Arcelor SA announced last week its intention to make an enhanced all-cash offer to acquire all of the outstanding common shares of Canadian steelmaker Dofasco Inc. at C$63.00 per share.

Stelco Court Monitor Files 44th Report

23 December 2005 - Stelco Inc.’s Court-appointed Monitor has filed its forty-fourth report regarding the company's Court-supervised restructuring. The Report provides updated information regarding the sanction hearing, fairness of the plan, and enterprise value and its effect on recovery.

Ispat Inland to Merge with Mittal Steel USA ISG

23 December 2005 - Mittal Steel Co. NV is merging wholly owned U.S. operating subsidiaries Mittal Steel USA ISG Inc. and Ispat Inland Inc.

EPA Cites Keystone Steel & Wire for Clean-Air Violations

22 December 2005 - U.S. Environmental Protection Agency Region 5 has cited Keystone Steel & Wire Co. for alleged clean-air violations at the company's steel production facility in Peoria, Ill.

CMC Reports Near-Record First Quarter

22 December 2005 - Commercial Metals Co. reported first quarter net earnings of $69.6 million on net sales of $1.6 billion for the quarter ended November 30, 2005.

Wheeling-Pittsburgh Files Shelf Registration Statement

22 December 2005 - Wheeling-Pittsburgh Corp. announced that it has filed a shelf registration statement with the Securities and Exchange Commission. This registration statement, upon being declared effective by the SEC, will allow the company to sell up to $125 million, in the aggregate, of its common stock, preferred stock, stock subscription rights and debt securities.

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