North America
All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.
Latest News
Magnum Metal Process Inaugurates New Office
01 January 2005 - Value-engineered solutions provider Magnum Integrated Technologies Inc. recently opened a new office in Pune, India, as part of the company’s wholly owned subsidiary Magnum Metal Process Technologies Pvt. Ltd.
Posco Speeds Up Implementation of Innovative Strategies
01 January 2005 - In an effort to create a world-class corporate culture, Posco continues to implement activities that will help spur innovation in daily business activities.
Outokumpu Defines Strategies for Becoming Number One in Stainless
01 January 2005 - Outokumpu previously defined the Group’s future strategic direction as leadership in stainless steel. As part of its new direction, Outokumpu was looking at various options to exit from its fabricated copper products business.
Kobe Steel to Stop Production of Chromate-Treated HDG Steel Sheet
01 January 2005 - Kobe Steel, Ltd. has completed development of hot dip galvanized (CG) steel sheet with no chromate layer, and has now begun commercial production.
Morgan to Upgrade Siderurgica Anon Bar and Rod Mill
01 January 2005 - Morgan Construction Co. has received three contracts from Siderúrgica Añón, SA, Spain, to design, build and install several modifications to its combination bar and rod mill. Two of the contracts are for upgrades to the existing bar mill, while the third is to make the rod outlet independent of the bar mill.
Ispat Iscor Commences Coke Expansion Project
01 January 2005 - Ispat Iscor Ltd. has obtained approval from South African environmental authorities to commence construction of a new coke oven battery at its Newcastle steel plant in northern Kwa-Zulu Natal. This will enable the company to expand its market coke production by some 450,000 tonnes per year.
Steel Dynamics Sets Fourth Quarter Cash Dividend
31 December 2004 - Steel Dynamics, Inc. announced its previously approved fourth quarter dividend of $0.10 per common share will be payable on January 17, 2005, to shareholders of record at the close of business on December 31, 2004.
USWA Welcomes Severstal Partnership with Wheeling-Pitt
31 December 2004 -
Cleveland-Cliffs Amends ISG Pellet Contract
31 December 2004 - Cleveland-Cliffs Inc. has entered into an amendment to its major Pellet Sale and Purchase Agreement with International Steel Group Inc., for pellet deliveries to ISG Cleveland and ISG Indiana Harbor through 2016.
Republic Achieves ISO Environmental Certification at Hamilton Plant
30 December 2004 - Republic Engineered Products, Inc. announced that its plant in Hamilton, Ont., has been certified to the ISO 14001 environmental standard. The Hamilton facility—Republic Canadian Drawn Inc.—became part of Republic in January 2004.
Ryerson Tull Anticipates Closing of Integris Metals Acquisition
29 December 2004 - Ryerson Tull, Inc. announced that it has received early termination of all waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act with respect to its acquisition of Integris Metals, Inc. The company’s waiting period for the acquisition under the Competition Act (Canada) has also expired.
OSHA Honors Pro-Tec Coating for Voluntary Worker Protection
29 December 2004 - Pro-Tec Coating Co., Leipsic, Ohio, has received the highest honor for voluntary worker protection programs from the U.S. Labor Department's Occupational Safety and Health Administration (OSHA).
Wheeling-Pittsburgh and Severstal North America form Coke Joint Venture
29 December 2004 - Wheeling-Pittsburgh Steel Corp. and Severstal North America, Inc. signed a non-binding letter of intent to create a joint venture involving Wheeling-Pittsburgh Steel's Coke Plant, located in Follansbee, W.Va. The venture would ultimately provide for each party to take 50% of the coke produced by the joint venture.
AK Steel Completes Redemption of Senior Notes
27 December 2004 - AK Steel completed the redemption of the remaining $117.4 million principal amount of its 9% Senior Notes Due 2007, and the remaining $33.5 million principal amount of its 8-7/8% Senior Notes Due 2008.
Northwest Pipe Announces Major Order
23 December 2004 - Northwest Pipe Co. will supply approximately $8.2 million of welded steel pipe to the Parthenia Trunkline, a project for the City of Los Angeles Department of Water and Power.
Despite November Dip, Steel Imports Still Over 50% Higher than 2003
23 December 2004 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported November imports of steel into the United States were slightly lower than in October — 3,114,000 net tons, including 2,461,000 net tons of finished steel. Although total November imports reflect a decline of 11.7%, and finished imports declined 10.9%, compared to October, year-to-date imports (YTD) remain 52.7% higher in both categories.
Mill Services Closes Acquisition of Tube City
23 December 2004 - Mill Services Corp. has closed its previously announced acquisition of Tube City LLC. The investment was led by Wellspring Capital Management LLC and certain managers from both companies. Terms of the deal were not disclosed.
Wheeling-Pittsburgh Steel Restarts Basic Oxygen Furnace
23 December 2004 - Wheeling-Pittsburgh Steel Corp. restarted production from its Basic Oxygen Furnace (BOF) facility Wednesday, Dec. 22. The BOF had been down for about 12 days following a collapse of ductwork and associated equipment at the BOF facility.
EMJ Announces Financial Restructuring
22 December 2004 - The Earle M. Jorgensen Co. announced further developments in connection with the proposed merger and financial restructuring of EMJ and its parent, Earle M. Jorgensen Holding Co. Inc.
EPA Releases Draft Metals Risk Assessment Framework
22 December 2004 - EPA released its “Draft Framework for Inorganic Metals Risk Assessment” on Tuesday, Dec. 21. The draft framework is available for public comment through Jan. 18, 2005.
