Steel Products
U.S. Service Centers Show Growth in 2012 – Canadians Not So Much
Written by John Packard
January 18, 2013
U.S. distributors grew annual shipments by 1.81 percent (all products) according to Metal Service Center Institute data during calendar year 2012. Shipments totaled 41,447,900 tons.
Flat rolled shipments also rose during 2012 totaling 26,378,900 tons which represents an improvement of 2.39 percent over the previous year. Plate shipments were up by 2 percent, while pipe and tube rose by 2.14 percent.
Canadian Service Center Shipments Decline on all but Plate
Canadian distributors did not fare as well as their southern counterparts as total steel shipments declined from 6,289,100 tons in 2011 to 6,114,600 tons (-2.77 percent) during 2012.
Carbon flat rolled led the decline slipping by 9.23 percent to 3,053,600 tons. Pipe and tube slid 1.55 percent to 685,300 tons. Plate did show a sizeable improvement rising by 9.47 percent to 1,192,800 tons from 1,089,600.
John Packard
Read more from John PackardLatest in Steel Products
Rig count update: US activity stable, Canada slips
The number of oil and gas rigs operating in the US remained unchanged this week for the second consecutive week, while Canadian activity declined, according to the latest data released from Baker Hughes.
SMU market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]
Domestic, offshore CRC prices steady
The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis was unchanged in the week ended Dec. 20.
SMU Survey: Mill lead times contract slightly, remain short
Steel mill production times have seen very little change since September, according to buyers participating in our latest market survey.
Worthington Enterprises’ earnings dip in fiscal Q2’25
Worthington Enterprises' profits edged down in its fiscal second quarter of 205 vs. a year earlier. The company said a slump in sales in the quarter was due largely to the "deconsolidation" of the Sustainable Energy Solutions segment in the fourth quarter of fiscal 2024.