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North America

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

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Ferriola Confident Big River Won't Drain Nucor's Business

21 October 2016 - Nucor Corp. is prepared to battle start-up Big River Steel, and, in fact, believes it has the upper hand on its new competitor, Nucor chief executive John Ferriola said Thursday.

Canadian Researchers Getting Close to Start of Pilot-Scale Coke Oven

20 October 2016 - The Canadian Carbonization Research Association’s pilot-scale energy recovery coke oven is about 70 to 75 percent complete and is scheduled to start up sometime in January or February, according to CanmetENERGY’s Louis Giroux.

Panel: As Rail Logistics Evolve, Communication Will Be Key

19 October 2016 - With shipments on the decline, it will be critical for coal buyers and coke makers to communicate and maintain close relationships with the railroads, according to a panel of logistics professionals who spoke Wednesday during the Smithers Apex Met Coke World Summit in Pittsburgh.

Consultant: India Holds Much Long-Term Steel Promise

18 October 2016 - Despite the global steel industry’s current woes, India presents steelmakers with a tremendous long-term opportunity as consumption there is expected to double over the next decade, according Atanu Mukherjee, president of Datsur Business & Technology Consulting.

A Fire Rekindled: How ArcelorMittal's Cleveland Works Reinvented Itself

17 October 2016 - Through innovation, hard work and difficult decisions, employees and managers at the former LTV steel works in Cleveland, Ohio, USA, have transformed the once-shuttered business into one of the world’s most productive steelmaking facilities, if not the most productive.

This Girder System is for Shorter Bridges and the Budget-Minded

12 October 2016 - A group made up of universities, government officials and the steel industry representatives have developed a new type of short-span bridge girder that’s less expensive to make and easier to install, reports the Engineering News-Record.

Mexican Wire Rod Processing Plant Inaugurated

12 October 2016 - Kobelco CH Wire Mexicana S.A. de C.V. has cut the ribbon on its new automotive wire plant in Silao, Guanajuato, Mexico.

Red Bud Fulfills Order for New Blanking Line

07 October 2016 - Red Bud Industries has shipped a precision blanking line to Majestic Steel USA Inc., a service center in Cleveland, Ohio, Red Bud has announced.

Worthington Steel Replaces Rolling Mill Gauges

06 October 2016 - IMS Systems Inc., a maker of x-ray, isotope and optical measuring systems, has installed two thickness gauges on the 56-inch cold reversing mill at Worthington Steel’s facility in Cuyahoga Heights, Ohio, the company has announced.

SMS Opens New U.S. Service Center, Dedicated Roll Shops

06 October 2016 - SMS Technical Services has opened a new repair and maintenance shop in Arkansas to serve the Big River Steel facility and other regional steelmakers, the company has announced.

NAFTA Changes Would Impact U.S., Mexican Economies

05 October 2016 - Revisions to, or outright cancellation of, the North American Free Trade Agreement, would negatively impact both the U.S and Mexico, according to CRU steel consultant Thais Terzian.

To Win, Steel Companies Better Learn to Share

05 October 2016 - The time has come for steel companies to consider sharing inventory, assets and capacity as a way to maintain to profitability and competitiveness – and to better meet the needs of customers, Ryerson Holding Corp. chief executive Edward Lehner said on Wednesday.

Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO

05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.

With Low Oil Prices, U.S. Mills Lose Relative Energy Advantage

04 October 2016 - Not only have falling oil prices lowered the demand for steel pipe and tube, they’ve dulled a cost advantage U.S. steel producers had over their counterparts elsewhere in the world, according to an industry consultant.

Steel Construction Expected to Soften in 2017

04 October 2016 - There are many adjectives that will adequately describe the state of the steel construction markets in 2017, and none of them are particularly good, at least as the American Institute of Steel Construction sees it.

Analyst: Expect Tighter Competition in U.S. Sheet Market

04 October 2016 - Supply-side competition in the U.S. sheet market is likely to stiffen in the year ahead as new players enter the market and others become more aggressive, according to one analysts.

Steelworkers Approve New Labor Agreement With Cliffs Natural Resources

30 September 2016 - Members of the United Steelworkers union have ratified a three-year labor agreement with iron ore producer Cliffs Natural Resources, the company announced on Thursday.

Researchers Developing High Silicon Steel That's Less Brittle -- And Less Expensive

28 September 2016 - The U.S. Department of Energy has awarded a US$3.8 million grant to a research team that is helping to create smaller and more powerful electric motors based on a developmental electrical steel.

Essar Algoma Lenders, Bondholders Set Recapitalization Plan

23 September 2016 - A majority of Essar Steel Algoma’s term lenders have settled on a recapitalization plan with the company’s bondholders, the Canadian steelmaker has announced.

New Cold Mill to Expand Nucor's Lineup of Specialty Steels

23 September 2016 - Nucor Corp. will add a US$230 million cold-rolling mill to its Arkansas sheet mill, giving it the ability to make some new, higher-value products, the company has announced.

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