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North America

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

Latest News

EPA Changes PM 2.5 Designations for Counties in Indiana and Ohio

07 April 2005 - The U.S. Environmental Protection Agency (EPA) is changing the air quality attainment designation for two Indiana and five Ohio counties.

Stelco Details Game Plan for Financial Reporting, Annual Meeting

07 April 2005 - Stelco Inc. has provided an update regarding the filing of financial statements and the timing of its Annual General Meeting of shareholders.

ISG Restarts Burns Harbor Plate Mill

07 April 2005 - International Steel Group Inc. has successfully restarted the 110-inch plate mill at its Burns Harbor, Ind., facility.

Cleveland-Cliffs Increases Interest in Portman to 73%

06 April 2005 - Cleveland-Cliffs Inc.’s Cleveland-Cliffs Australia Pty Limited subsidiary has extended its offer for all of the shares in Portman Limited by two weeks. The deadline is now Tuesday, April 19, 2005 at 7:00 p.m. (Perth time).

Carpenter Raises Stainless and Specialty Alloy Prices

06 April 2005 - Carpenter Technology Corp.’s Specialty Alloys Operations will increase base prices by 4 to 7% on all stainless alloys, and by 6 to 10% on all premium-melted alloys.

Reliance Steel and Aluminum Updates Earnings Outlook

06 April 2005 - Reliance Steel & Aluminum Co. is updating its guidance regarding earnings estimates for the first quarter ended March 31, 2005.

Schnitzer Steel Reports 94% Increase in 2nd Quarter Income

06 April 2005 - Schnitzer Steel Industries, Inc. reported net income of $36.0 million on revenues of $215.7 million for its fiscal 2005 second quarter that ended February 28, 2005.

USWA Okays Labor Contract Extension at Koppel Steel

06 April 2005 - Hourly employees of NS Group, Inc.'s seamless tubular operation, located in Pennsylvania, voted to extend their 57-month labor agreement that was scheduled to expire in 2007.

Gibraltar Announces New $250 Million Credit Facility

05 April 2005 - Gibraltar entered into a five-year $250-million revolving credit facility as of April 1. The facility, which includes a $50-million expansion feature, replaces the company's existing credit facility. The banking syndication with nine banks was led by KeyBank.

Rockport Employees Pass 1000 Safe Workdays Milestone

05 April 2005 - Employees at AK Steel’s Rockport Works have surpassed 1000 clear days without experiencing a single lost-time or restricted activity injury. The safety milestone was reached on March 30, 2005.

Richard Wechsler Joins Nucor as GM of International Business Development

05 April 2005 - Nucor Corp. announced that Richard Wechsler is joining Nucor as General Manager of International Business Development.

EPA Tightens the Limit on Coke Oven Emissions

05 April 2005 - The Environmental Protection Agency (EPA) has issued final amendments to reduce emissions of toxic air pollutants from coke oven batteries. The new rule will reduce allowable emissions to 9.8 tons per year, 13% lower than the 11.3 tons per year originally specified under the 1993 MACT (maximum achievable control technology).

Cleveland-Cliffs Announces Convertibility of Preferred Stock

01 April 2005 - Cleveland-Cliffs Inc. announced that its preferred stock may be surrendered for conversion at any time during the fiscal quarter ending June 30, 2005.

Timken Raises Earnings Expectations

01 April 2005 - The Timken Co. announced increased earnings expectations for the first quarter and full year, based on strong industrial market demand, price increases, raw material surcharges and increased productivity.

Precoat Metals Plans New Coil Coating Complex

01 April 2005 - Precoat Metals, a division of Sequa Corp., has signed a letter of intent to purchase a 150,000-square foot building for a new coil coating complex in the Southeast. The building is on a 22-acre site in the Birmingham, Ala., suburb of Hueytown.

MacSteel Plans New Ladle Met Degasser for Fort Smith

01 April 2005 - MacSteel has awarded SMS Demag Inc. a contract for the engineering and supply of a 60-ton twin tank car vacuum degasser and ladle furnace for the company’s Arkansas Division in Fort Smith, Ark.

U. S. Steel to Rebuild Gary No. 13 Blast Furnace

01 April 2005 -  

Morgan to Upgrade Arcelor Rod Mill

01 April 2005 - Morgan Construction Co. has signed a contract with Arcelor Alambron Zumarraga, Spain, for an upgrade to its two-strand rod mill.

Mittal Orders Morgan Compactors for Newcastle Works

01 April 2005 - Morgan Construction Co. has received an order from Mittal Steel Newcastle Works, South Africa, for an upgrade to the company’s twin-strand Morgan wire mill. The contract was signed with Morgan-Europe, Morgan’s subsidiary in Sheffield, England.

Corus Invests in Parsytec Surface Quality System

01 April 2005 - Parsytec received an infrastructure order from Corus for implementing a comprehensive surface quality yield management landscape at Corus Packaging Plus (CPP).

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