Canada
August 8, 2024
Stelco Q2'24 earnings slip over the year
Written by Stephanie Ritenbaugh
Canadian steelmaker Stelco saw second-quarter profit slip compared to a year ago.
Second-quarter results
Latest in Canada
Drilling activity rises further in US, declines in Canada
Drilling activity increased in the US this week but declined in Canada, according to active oil and gas rig count figures recently released from Baker Hughes. The US rig count rose by four to 595 rigs this week, now at the highest level recorded in over two years. Canadian counts eased to a 10-week low of 197 this week, down 10 rigs from the prior week.
Price on Trade: A wall-less structure is not a fortress
The phrase “Fortress North America” seems to resurface anytime US, Canada, and Mexico trade negotiations roll around. The idea of an economic Fortress North America burst onto the scene in the late 1980s and early 1990s in the lead up to NAFTA. In theory...
USW president says trade conflict hurting workers in US, Canada
United Steelworkers (USW) International President Roxanne Brown urged US and Canadian trade representatives to reach an agreement that puts working families first.
Galvanized buyers report severe supply strain
Service centers and manufacturers report a tight, seller-driven market for galvanized sheet. Lead times are long, deliveries are late, inventories are thin, imports are down, and demand is strong, causing a shortage of galvanized material.
CSPA taps Blair Dickerson as new president and CEO
The Canadian Steel Producers Association (CSPA) has named Blair Dickerson as its new president and CEO, effective Sept. 17.