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North America

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

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Trump Talks Trade with Lawmakers as Commerce Opens Another Steel Dumping Investigation

13 February 2018 - With roughly 60 days remaining for U.S. President Donald Trump to impose new import limitation on steel, Trump is meeting today with legislators to discuss the pending decision, according to the Reuters news service.

IPSCO Sets Aside Initial Public Offering

12 February 2018 - IPSCO Tubulars has postponed its initial public offering, citing adverse market conditions.

ArcelorMittal Awards Strip Mill Contract to Primetals Technologies

09 February 2018 - Primetals Technologies has won an order for a hot strip mill and a hot skinpass mill from ArcelorMittal Mexico, the equipment supplier has announced.

Florida County Approves Tax Abatement for US$227 Million Nucor Project

08 February 2018 - Nucor Corp. has been awarded a local property tax exemption for a US$227 million project, according to The (Lakeland, Fla.) Ledger.

SMS group, Arkansas College Form Partnership on Steelmaking School

07 February 2018 - SMS group and Arkansas Northeastern College, a community college based in Blytheville, Ark., USA, have formalized plans to establish a steelmaking training program.

SES to Build Flash Bainite Process Line

07 February 2018 - SFP Works LLC, the entity that is working to commercialize a steel produced by way of a patented heat-treat process, has chosen strip processing and material handling equipment specialist SES to build its first production line.

U. S. Steel Sets Temporary Leadership for Tubular Business

05 February 2018 - United States Steel Corporation has named senior vice president Douglas R. Matthews as the interim head of its tubular business.

Report: Nucor Eyes Sunshine State for US$227 Million Investment

05 February 2018 - Nucor Corp. reportedly is considering building a US$227 million facility in central Florida, according to The (Lakeland, Fla.) Ledger.

Trump Pushes for US$1.5 Trillion Infrastructure Plan

01 February 2018 - Delivering his first State of the Union address on Tuesday, U. S. President Donald Trump called for a US$1.5 trillion infrastructure plan to rebuild America’s crumbling roads and bridges.

U. S. Steel Posts Quarterly, Yearly Profit

01 February 2018 - United States Steel Corporation returned to full-year profitability in 2017 as the iconic Pittsburgh steelmaker recorded net earnings of US$387 million.

AK Steel Completes Mill Upgrades, Explains Cause of Steel Spill

31 January 2018 - AK Steel recently completed US$26 million in upgrades to its Mansfield and Middletown works in Ohio, bringing the projects in on time and without incident, executives reported on Tuesday.

GrafTech Names U. S. Steel SVP as Chief Executive

31 January 2018 - Steel industry veteran and United States Steel Corporation executive David J. Rintoul has been named president and chief executive of electrode manufacturer GrafTech International Ltd.

Gerdau Reaches Deal to Sell Texas Mill

31 January 2018 - Looking to focus more on its value-added business, Gerdau SA said Wednesday that it is divesting its Beaumont, Texas, USA, wire rod mill and two downstream facilities.

Nucor Earnings Rise on Increased Shipments, Prices

30 January 2018 - Nucor Corp. saw its full-year profits rise 66% to US$1.3 billion, owing in part to higher steel prices and increased shipments, the steelmaker reported on Tuesday.

Mesabi Metallics Finds Potential Pellet Customers in China

30 January 2018 - Iron ore investor Tom Clarke, who is attempting to revive the stalled Essar Steel Minnesota taconite project, tells the Duluth (Minn.) News Tribune newspaper that he has preliminary off-take agreements with Chinese steelmakers.

TMK IPSCO Launches IPO, Aims to Raise More than US$465M

30 January 2018 - The American arm of Russian tubemaker PAO TMK has launched its initial public offering at US$20 to US$23 per share.

Gerdau Upsizes Blooms at Michigan Mill

29 January 2018 - In an effort to improve steel cleanliness and better serve customers, Gerdau’s special bar quality mill in Monroe, Mich., USA, plans to begin producing 240-mm square blooms this fall.

Steel Association Hopes for Quick Decision on Section 232 Action

25 January 2018 - The Steel Manufacturers Association is urging U.S. President Donald Trump to make a speedy decision on the course of action he’ll take relative to the Commerce Department’s Section 232 investigation.

ATI Joint Venture Initiates Sheet Production

25 January 2018 - Stainless and specialty alloys manufacturer Allegheny Technologies Inc. (ATI) has made some early production runs of stainless sheet produced through its joint venture with China’s Tsingshan Group.

Canadian Plant Targets 100K Ton Lift in Capacity Through Capital Upgrades

25 January 2018 - ArcelorMittal Long Products Canada will invest nearly CA$70 million (approximately US$56.8 million) in its Contrecoeur, Que., facilities over the next three years, the company has announced.

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