NORTH AMERICAN IRON ANNOUNCES PROJECT ADVANCEMENT WITH CONFIRMATION OF FOLLOW-UP FINANCING
July 7, 2026 MINOT, North Dakota — North American Iron Inc. (“NAI”), together with its parent company Scranton Holding Company (“SHC”) and affiliated company Calumet Reclamation Company (“CRC”), collectives referred to as the ‘Company’, today announced the successful completion of additional follow-on financing which closed June 28th, 2026. The follow-up financing advances North American Iron’s […]
2025: A reality check for U.S. steel and pig iron
2025 was a stress test for steel: tariffs, conflicts, and policy shifts rewired trade and leverage. The global market felt unstable because supply imbalances, tariffs, and conflicts kept moving the goalposts. The United States felt those shifts directly, and the lessons point to one conclusion: a resilient steel industry requires a domestic pig iron supply. […]
Restoring America’s steel independence
Steel is the basic resource. It is everywhere in our daily lives, even when we don’t think about it. It’s in the roads we drive on, the bridges we cross, the buildings we live and work in. It forms the machines that grow our food, the vehicles that move us, and the defense systems that […]
