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North America

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

Latest News

ArcelorMittal Allots Nearly US$300 Million for 2018 Capital Projects

13 November 2017 - ArcelorMittal USA is budgeting for US$276 million in capital spending for next year, with much of that being set aside for its integrated mills in northern Indiana, reports The Times newspaper of northwest Indiana.

SunCoke Energy Appoints Seasoned Steel Executive to its Helm

10 November 2017 - A veteran steel industry executive will succeed SunCoke Energy Inc. chairman and chief executive Frederick “Fritz” A. Henderson, who announced on Friday that he will retire at the end of the month. 

Mexican Furnace Maker Expands Through U.S. Acquisition

10 November 2017 - Industrial furnace manufacturer Nutec Bickley has acquired the key assets of U.S.-based Olson Industries for an undisclosed amount. 

Former U.S. Steel Executive Joins Harsco Board

10 November 2017 - Mill services contractor Harsco Corp. has elected Mario Longhi to its board of directors, the company has announced. 

Russel Metals Announces Leadership Change

09 November 2017 - Brian R. Hedges, who has led steel and metals distributor Russel Metals for the last eight years, will retire next spring, but likely will ascend to the company’s board of director, the company said Wednesday.

Executive: The Time Has Come for Coke Producers to Face Critical Investment Decisions

08 November 2017 - As the U.S. iron and steel industry rebounds from the downturn of 2015, the time has come for coke producers to make capital investment decisions that had been postponed. And those decisions won’t be easy to make, said John Quanci, vice president of engineering and technology for SunCoke Energy.

TimkenSteel Puts New Heat Treat Facility Into Service

03 November 2017 - Ohio-based TimkenSteel has commissioned its new US$40 million heat treat plant and has begun processing orders, the company has announced.  

Stelco Makes Stock Market Debut

03 November 2017 - Canada’s Stelco returned to the public markets on Friday and raised the equivalent of US$157 million through its initial public offering, according to the Bloomberg news service. 

U. S. Steel Reports Third Quarter Profit of $147M

02 November 2017 - United States Steel Corp. nearly tripled its third-quarter profits on higher average prices and improved shipments, the company reported. 

Research Breakthrough Could Make Additive Manufacturing with Steel More Feasible

31 October 2017 - U.S. researchers have developed a method for printing three-dimensional stainless steel components that are as strong, if not stronger, than those made through traditional methods. 

Nucor Wins High-Level Supplier Recognition from Customer

30 October 2017 - Heavy equipment manufacturer Caterpillar Inc. has given Nucor Corp.'s special bar quality mill in Tennessee its highest rating under its supplier quality program, the steelmaker said on Monday. 

Commercial Metals Expands Product Lineup Through Acquisition

27 October 2017 - Commercial Metals Company (CMC) has acquired MMFX Technologies Corp., which licenses proprietary rebar grades, for an undisclosed amount.

Democrats Prod Trump to Act on Steel Tariffs

27 October 2017 - U.S. Senate minority leader Chuck Schumer, D-N.Y., said he’ll block nominations of two Commerce Department officials if the Trump administration doesn’t move on plans to impose new trade measures against imported steel and aluminum, reports The New York Times. 

U.S. EAF Producers Gain a Bigger Voice in Congress

25 October 2017 - In a move emblematic of the shifts in American steel production, a southern U.S. representative has been appointed as co-chairman of the Congressional Steel Caucus. 

The Gears Turn, and TimkenSteel Unveils a New Line of Steel

24 October 2017 - TimkenSteel has introduced a new line of special bar quality steels that combine strength and toughness. 

Imports Dampen Nucor Earnings

20 October 2017 - Nucor Corp. saw its third-quarter profits reduced by 12% as import pressures prevented it from recovering rising raw material costs, the steelmaker said Thursday .

Improved Sales Lift Cleveland-Cliffs Q3 Profits

20 October 2017 - Iron ore miner Cleveland-Cliffs Inc. posted a profitable third quarter on better demand and prices. 

Last of Mahoning Valley Furnaces Coming Down

20 October 2017 - Demolition has resumed on the last standing blast furnace in Ohio’s Mahoning River Valley, reports the The (Youngstown, Ohio) Vindicator. 

Acquisition Expands Motion Industries Belting Group

20 October 2017 - U.S.-based industrial parts distributor Motion Industries Inc. has signed a deal to acquire Apache Inc., an industrial hose and belting fabricator headquartered in Iowa. 

SSAB Leaving the Rust Belt for the Sun Belt

19 October 2017 - Swedish steelmaker SSAB will move its North American headquarters from the U.S. state of Illinois to Mobile, Ala., bringing it closer to its plate mill there, the company announced Thursday.

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