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North America

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

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Brush Engineered Materials Promotes Former LTV President

05 May 2005 - Brush Engineered Materials Inc. has promoted Richard J. Hipple, 52, to President and Chief Operating Officer.

Court Approves Sale of Stelco Welland U&O Mill

05 May 2005 - Stelco Inc. announced that the Superior Court of Justice (Ontario) has approved the sale of Welland Pipe's U&O Mill to Grinolet Inc.

Newport Steel Employees Approve New Labor Contract

05 May 2005 - NS Group, Inc. announced that hourly employees of Newport Steel, the company's welded tubular operation located in Kentucky, approved a new four-year labor agreement.

Nufab Rebar Announces Acquisition of Lulich Steel

05 May 2005 - Nufab Rebar(TM) LLC, Nucor Corp.'s rebar fabrication joint venture with Ambassador Steel Corp., announced that it has acquired Lulich Steel LLC. Rebar fabricator Lulich Steel serves the reinforcing steel construction markets of Louisiana, Mississippi and the panhandle region of Florida.

Gerdau Ameristeel Announces 1st Quarter Results

04 May 2005 - Gerdau Ameristeel Corp. reported net income of $78.6 million* on net sales of $1.0 billion for the three months ended March 31, 2005.

Cleveland-Cliffs Announces New President and Chief Operating Officer

04 May 2005 - Cleveland-Cliffs Inc announced that Joseph A. Carrabba has accepted the position of President and Chief Operating Officer.

Gerdau Ameristeel to Recycle Scrap Tires Using Stebbing Process

04 May 2005 - Gerdau Ameristeel Corp. has acquired a non-exclusive license to use the patented Stebbing Engineering Scrap Tire Process in its steel minimills.

Wheeling-Pittsburgh Steel to Idle Historic No. 1 Blast Furnace

04 May 2005 - Wheeling-Pittsburgh Steel Corp. announced that it will permanently idle its No. 1 Blast Furnace on Thursday, May 5, 2005. The shutdown will end more than 100 years of service by one of the oldest blast furnaces running in the United States.

Stelco Court Monitor Files 28th Report

03 May 2005 - Stelco Inc.’s court-appointed Monitor has filed its twenty-eighth Report regarding the company's Court-supervised restructuring. The Report provides updated information regarding the sale of Welland Pipe's U&O Mill. The Monitor reports that Stelco will seek a Court Order on May 4, 2005 approving the sale of the Mill to Grinolet Inc.

Ryerson Tull Reports 1st Quarter Income

03 May 2005 - Ryerson Tull, Inc. reported net income of $35.4 million on sales of $1.5 billion for the first quarter ended March 31, 2005.

Steel Imports Rise Sharply in March

03 May 2005 - The United States imported a total of 2,519,000 net tons of steel in March according to the American Iron and Steel Institute (AISI), a 2% increase over the previous month’s totals. The AISI report, which is based on preliminary Census Bureau data, shows the import totals include 2,013,000 net tons of finished steel — 10.2% more than the previous month.

Accident Investigation Yields $71,000 in Fines for Alabama Foundry

02 May 2005 - The U.S. Labor Department's Occupational Safety and Health Administration (OSHA) has cited United States Pipe and Foundry Co., with proposed penalties totaling $71,000.

Morgan to Upgrade Xing Cheng Specialty Steel Bar Mill

01 May 2005 - Morgan Construction Co. has received an order from Xing Cheng Specialty Steel Co., Ltd., P.R. China, for a modification to its No. 2 Bar Mill. This will be Morgan’s third new Bar Reducing/Sizing Mill (BRSM) to be installed in China.

LOI to Supply Bell Annealing Plant for ThyssenKrupp Electrical Steel

01 May 2005 - LOI Thermprocess has received a contract from ThyssenKrupp Electrical Steel to supply a new HPH© bell-type annealing plant for grain-refined electrical steel.

Posco Continues to Support Small and Mid-sized Companies

01 May 2005 - Posco has pushed ahead with its extensive support measures for small- and mid-sized companies in purchase, sales, human resources development, and partnership.

Arcelor to Sell Three Spanish Rebar and Mesh Production Units

01 May 2005 - Arcelor has signed an agreement for the sale of Corrugados Azpeitia, Corrugados Getafe and Corrugados Lasao, three rebar and mesh plants located in Spain, to Alfonso Gallardo Group.

ThyssenKrupp Steel Welcomes Stop-gap Collective Agreement

01 May 2005 - ThyssenKrupp Steel AG welcomes the agreement reached by the collective bargaining parties in the steel industry, preventing a strike. According to TKS, industrial action would have severely dented hopes of an urgently needed economic turnaround.

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