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North America

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

Latest News

Kinzie Capital Partners Acquires Fraser Steel LLC

18 February 2025 - Kinzie Capital Partners LP, a Chicago-based private equity firm, has acquired Fraser Steel LLC, a steel tubular products manufacturer in Minneapolis, Minn., the companies announced.

North Star Defers Cold Mill Plans 

18 February 2025 - North Star BlueScope's Australian parent has postponed a US$1.2 billion investment in a Midwest cold rolling facility so that it can focus on ramping up its U.S. coated products business. 

JSW Steel USA CEO: Tariffs Will Support Utilization 

18 February 2025 - JSW Steel USA chief executive officer Robert Simon is anticipating that President Donald Trump’s steel tariffs will help drive utilization of the company’s facilities in Ohio and Texas. 

Nippon Steel’s Point Person for U.S. Steel Acquisition Returns to U.S. 

14 February 2025 - Nippon Steel Corp. has dispatched vice chairperson Takahiro Mori to the United States to establish a framework for discussion with the Trump administration over the U. S. Steel acquisition, reports The Japan Times. 

AISI Welcomes Three New Member Companies

13 February 2025 - Three North American companies have joined the American Iron and Steel Institute (AISI) as members, the company announced today.

Outokumpu Decides Against U.S. Cold Rolling Expansion — For Now

13 February 2025 - Stainless steel producer Outokumpu is dropping plans to build new cold rolling capacity in the U.S. but instead is working to boost capacity at existing facilities, the company said Thursday. 

Trump Raises Steel Tariffs to 25% 

11 February 2025 - Invoking Section 232, President Donald Trump on Monday imposed a blanket 25% tariff on steel and aluminum entering the U.S.

ANDRITZ Cuts a Deal With Olympic Steel

11 February 2025 - Olympic Steel has ordered a cut-to-length line from ANDRITZ for its facility in Minneapolis, Minn., USA, the company has announced.

Report: Nippon Steel to Invest In, Rather Than Buy, U. S. Steel

07 February 2025 - President Donald Trump on Friday said Nippon Steel Corp. would drop plans to acquire United States Steel Corporation and instead invest in the company. 

ArcelorMittal Greenlights Alabama Electrical Steel Line; Nears Completion of EAF

06 February 2025 - ArcelorMittal has begun commissioning the new meltshop at its joint-venture rolling mill in Alabama and will move forward with a plan to build a 150,000-metric-ton electrical steel line nearby, the company announced Thursday.

SMA Sets 2025–2027 Executive Committee

06 February 2025 - The Steel Manufacturers Association has elected officers to serve on its 2025–2027 executive committee, the trade group has said.

RHI Magnesita Completes Resco Group Acquisition

05 February 2025 - Refractories maker RHI Magnesita has finalized its acquisition of U.S.-based Resco Group, a producer of shaped and unshaped refractories for the steel, aluminum, cement and petrochemical industries. 

USW President Seeks Dismissal of U. S. Steel Lawsuit 

05 February 2025 - The president of the United Steelworkers union has asked a judge to toss out a lawsuit against him, calling it frivolous, reports the Reuters news service. 

Acquisition Expands ANDRITZ Emissions Control Tech Offerings

04 February 2025 - ANDRITZ has acquired emissions reduction technologies provider LDX Solutions for an undisclosed amount, the company has announced.

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