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North America

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

Latest News

Imposing Section 232 Measures Could Start Trade War, Critics Say

18 July 2017 - U.S. President Donald Trump is being warned that he could wind up instigating a trade war and upending the global trading system if he imposes restrictions on steel imports in the name of national security, reports The Hill newspaper.  

Welded Tube Manufacturer Acquiring Ohio Company

17 July 2017 - Ohio-based Phillips Tube Group is acquiring another Ohio welded tube manufacturer and consolidating operations into its current facilities, reports The (Lisbon, Ohio) Morning Journal.

Trump: Maybe I'll Set Both Steel Tariffs and Quotas

13 July 2017 - U.S. President Donald Trump said he might impose both tariffs and quotas on steel imports to keep volumes of foreign steel in check. 

Economists To Trump: Don't Impose Section 232 Steel Tariffs

12 July 2017 - A group of economists who all served as U.S. presidential advisers are warning that new restrictions on imported steel could harm relationships with allies and damage the economy.  

Report: No Deal Yet on Closed Wire Rod Mill Acquisition

11 July 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier. 

Galvanizer Plans South Carolina Facility

11 July 2017 - A fabricated steel products galvanizer plans to build a US$14.1 million facility in South Carolina, the South Carolina Department of Commerce said on Tuesday. 

Steel Distributor Expands Processing Capabilities

11 July 2017 - Stainless and specialty alloy distributor United Performance Metals has installed a new edging line at its Hamilton, Ohio, USA, headquarters and has added edging and slitting capabilities to its La Mirada, Calif., facility, the company has announced.

Nucor Takes Home Volkswagen Honors

11 July 2017 - Volkswagen has recognized Nucor Corp. as a top supplier, presenting the steelmaker with the Volkswagen Group Award 2017. 

AK Steel: Acquisition Will Bring It Even Closer to Auto Customers

07 July 2017 - AK Steel’s announced acquisition of tooling and stamped components manufacturer Precision Partners will give the steelmaker a fully integrated downstream platform, one that will allow for closer collaboration with its automotive customers, said AK Steel chief executive Roger Newport. 

Matrix Technologies Names New President

06 July 2017 - Matrix Technologies Inc., a U.S.-based process and facilities design and automation engineering firm, has promoted a company veteran as president.

Steel Dynamics to Add Rebar Capabilities to Indiana Mill

05 July 2017 - U.S.-based Steel Dynamics Inc. plans to add a US$75 million rebar line to its structural and rail mill in Columbia City, Ind., the steelmaker announced on Wednesday. 

Stelco Completes Sale and Exits Creditor Protection

03 July 2017 - U.S. investment firm Bedrock Industries has closed on its acquisition of Canada’s Stelco, officially bringing to an end a decade of United States Steel Corporation ownership and nearly three years of uncertainty under creditor protection. 

AK Steel Acquiring Stamped Components Manufacturer

03 July 2017 - AK Steel is setting its sights downstream, announcing Monday that it is acquiring a Canadian tooling and stamped components manufacturer for US$360 million in cash. 

Charter Steel Contracts With Tenova for EAF Modification

30 June 2017 - Tenova Inc. has won a contract to retrofit a Wisconsin electric arc furnace with its Consteel metallic charging system, the equipment supplier has announced. 

HarbisonWalker Chief Executive Stepping Down

29 June 2017 - Refractories manufacturer HarbisonWalker International said its chairman and chief executive will retire and that it is promoting one of its executives to succeed him. 

Universal Stainless Says No to Merger Offer

29 June 2017 - Universal Stainless & Alloy Products Inc. has rejected an unsolicited merger offer from Synalloy Corp., saying that the proposed deal held no merit, the company said on Thursday. 

Commercial Metals President Barbara Smith Adds CEO to Title

29 June 2017 - Commercial Metals Company is promoting its chief operating officer to the helm. 

Cliffs Natural Resources to Invest US$70 Million in Upgrades to Taconite Plant

28 June 2017 - Cliffs Natural Resources Inc. will modify one of its taconite facilities to support its planned hot-briquetted iron plant (HBI) with better-quality pellets, chairman and chief executive officer Lourenco Goncalves said Wednesday. 

Stelco Acquirer Sees Company as Beginnings of a Bigger Steel Producer

27 June 2017 - The owner-in-waiting for Stelco expects to close on its acquisition of the Canadian steelmaker this week, ushering it into a new era as a standalone business -- and as one on the hunt for other opportunities. 

Big River Could Soon Pull Trigger on Mill Expansion

27 June 2017 - A decision on an anticipated expansion of Big River Steel’s plant in Osceola, Ark., USA, could come as soon as Wednesday, according to Big River chief executive officer David Stickler. 

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