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North America

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

Latest News

Cliffs to Divest Australian Iron Ore Mine

12 June 2018 - Iron ore miner Cleveland-Cliffs Inc. has reached an agreement to sell its Australian iron ore operation to Australia's Mineral Resources Ltd. for an undisclosed amount.

Indiana Harbor Doubles Shipments to Sister Plant

11 June 2018 - ArcelorMittal’s Indiana Harbor facility has achieved its goal of shipping 1 million tons’ worth of slabs to ArcelorMittal’s joint venture finishing operation in Alabama.

Senators Look to Block Trump on Section 232 Tariffs

07 June 2018 - A bipartisan group of senators have introduced a bill requiring Congressional approval on tariffs imposed in the name of national security.

CMC Winds Up First Spool of Rebar

07 June 2018 - Commercial Metals Company’s new micro-mill in Oklahoma has begun producing spooled rebar, according to the plant’s technology supplier, Danieli.

Mexico Slaps Retaliatory Tariffs on U.S. Whiskey, Agricultural Products

06 June 2018 - Mexico said it will impose tariffs on American steel, Tennessee whiskey and pork, among other products, as payback for a 25% tariff on Mexican steel, according to the Bloomberg news service.

Ryerson Expands Through US$140M Acquisition

06 June 2018 - Steel processor and distributor Ryerson Holding Corp. has reached to a deal to acquire a metal service center with locations in the eastern and central United States.

Citing Section 232 Tariffs, U. S. Steel Says it Will Restart Another Idled Blast Furnace

05 June 2018 - United States Steel Corporation is planning to restart the second of two blast furnaces at its Granite City works in Illinois and rehire 300 people, the company announced on Tuesday.

Steel, Aluminum Industries Respond to Section 232 Decision

01 June 2018 - The steel and aluminum industries are weighing in on the Trump administration's decision to impose the Section 232 tariffs on imports from Canada, Mexico and the European Union. Here's what they're saying:

EU to Move Ahead with Tariff Complaint at WTO

01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum.

Anger Over Steel Tariff Decision Overshadows G-7 Meeting

01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service.

USW: Section 232 Tariff on Imported Canadian Steel is 'Unacceptable'

01 June 2018 - The United Steelworkers union slammed the Trump administration for imposing the 25% tariff on imported Canadian steel, saying that it is unacceptable to subject America’s closest ally to a measure pegged to national security.

House Speaker Breaks With Trump Administration on Section 232 Tariff

01 June 2018 - House Speaker Paul Ryan has come out against the Trump administration’s decision to subject the country’s closest allies to the Section 232 steel and aluminum tariffs.

Italian Company Bags Orders for Three New Furnaces

31 May 2018 - Two North American steelmakers have awarded contracts to Italian furnace builder Forni Industriali Bendotti for new reheat furnaces.

AK Steel Rolls Out New Electrical Steel

31 May 2018 - AK Steel Corp. is bringing to market a new family of high-permeability grain oriented electrical steels (GOES) designed for high- and ultrahigh-voltage transformers.

ArcelorMittal North America Executive Announces July Retirement

29 May 2018 - ArcelorMittal North America chief executive Robrecht Himpe will retire this summer, concluding a 37-year career with the company and a predecessor.

Synalloy Expands on Marcegaglia U.S. Pipemaking Acquisition

29 May 2018 - Stainless and alloy pipe maker Bristol Metals LLC is rounding out its acquisition of Marcegaglia’s U.S. manufacturing operation, acquiring its galvanized tube operations near Pittsburgh, Pa., USA for US$10 million. The company also is acquiring the physical plant through a separate sale-leaseback arrangement for an additional US$10 million.

Investment Firm Takes Another Shot at Acquiring Boiler Maker

25 May 2018 - Boiler and pollution control systems maker Babcock & Wilcox Enterprises Inc. said it is reviewing a nonbinding offer for the business from its largest shareholder, Steel Partners Holdings.

TMK Remains Committed to Public Offering for IPSCO Shares

25 May 2018 - Despite having canceled an initial public offering for its U.S. subsidiary, Russian pipe and tube maker TMK said it still intends to take IPSCO Tubulars public.

Here's How Much the Steel Industry Generates for the U.S. Economy

24 May 2018 - The iron and steel industry contributes more than US$520 billion to the U.S. economy and supports more than 1 million jobs at steel facilities and industry suppliers, according to an economic impact study commissioned by the American Iron and Steel Institute.

Mnuchin: Tariffs on Chinese Steel Will Remain

22 May 2018 - Although the U.S. has agreed to hold off on imposing US$150 billion in tariffs on Chinese technology and other products, the Section 232 tariffs on Chinese steel will remain, Treasury Secretary Steven Mnuchin said.

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