Steel Products
Final Thoughts
Written by John Packard
January 30, 2013
Our Steel 101: Introduction to Steelmaking & Market Fundamentals Workshop is quickly filling up. We have about 6 spots left available for our February 27-28 workshop which will be held in the Columbus, Mississippi area and include a tour of the Severstal Columbus mini-mill. You can learn more about our program on our website or you are welcome to contact us at our offices with any questions you might have. You can register online or by contacting our office at 800-432-3475 (706-216-5440).
I want to take a moment to welcome our newest members and to remind them – and those who have been with us for awhile – if you have any questions or suggestions we are here and available to listen and respond. We can be reached by email: info@SteelMarketUpdate.com or by phone: 800-432-3475 and we encourage interaction. If you would like to participate in our surveys please send me an email: John@SteelMarketUpdate.com. We also encourage you to suggest us to your friends. We try to let our product and our customers speak on our behalf – and we thank you in advance for your kind words.
We will dig into the earnings conference calls a little deeper in the next 24 hours to see if any secrets were revealed. Early reports suggest it was a long day for the analysts with few crumbs dropped…
The Big River Steel press release – I don’t recall when I have ever seen a press release for a $1 billion steel mill so few on details – no tonnage – no products.
As always your business is truly appreciated.

John Packard
Read more from John PackardLatest in Steel Products

Nucor keeps HRC price unchanged
Nucor paused its weekly hot-rolled (HR) coil price this week, keeping it flat for the first time since Jan. 21. This comes after a nine-week rally that saw the company increase prices by double-digits for eight of those weeks.

Nucor increases plate prices by $40/ton
Nucor aims to increase prices for steel plate by $40 per short ton (st) with the opening of its May order book. The Charlotte, N.C.-based steelmaker said the increase was effective with new orders received on Friday, March 28, in a letter to customers dated the same day. The company said the price hike applied […]

US CRC price gains ground over imports
US cold-rolled (CR) coil prices increased again this week, while offshore prices declined.

SMU Steel Demand Index momentum slows
Steel Market Update is pleased to share this Premium content with Executive members. Contact info@steelmarketupdate.com for information on how to upgrade to a Premium-level subscription. Growth in SMU’s Steel Demand Index eased in March after reaching a four-year high in late February. Despite a moderate gain, the index remains in expansion territory. The Steel Demand […]

Leibowitz: Impact of tariffs on US manufacturers
On February 10, President Trump announced a massive restructuring of tariffs on steel and aluminum. Those changes took effect on March 12, and they will impact US manufacturing. What will the impact be? Bye-bye exclusions Perhaps the most important change, which hits imports from all countries, is the loss of a product exclusion process to […]