Steel Products
Final Thoughts
Written by John Packard
March 21, 2013
It has been a hectic past few days due to my travel schedule – which happened to include a drive from Montreal to Albany, New York in the middle of a snow storm. It has been more than 30 years since I lived in Minnesota…but, the lessons learned those many years ago came in handy over the past 24 hours.
Part of the excitement was managing to have my briefcase stolen during my trip. The briefcase which included my laptop. So, this evenings edition is being brought to you by our fine writing team of Peter Wright, Sandy Williams and Brett Linton with an assist from my iPhone…
I hope everyone is enjoying the new analysis Peter Wright has been bringing to the table. We have plans to expand many of the items we have covered in the past using Peter’s expertise and analysis. As our new website comes up we hope to break our content into a number of products so those who are looking for a deeper analysis can get it, those who wish to have us keep producing our original product can get it and then offer something to those who only want to see something on a monthly basis. I will get into more details on each product as we finish development.
As I have mentioned in the past – if there are certain items you would like to see SMU spend more time explaining or analyzing in more detail – please send your suggestions and comments to my attention: John@SteelMarketUpdate.com
As always we enjoy hearing from our readers and we truly appreciate your business.
John Packard
Read more from John PackardLatest in Steel Products
Domestic CRC prices edge up, import tags mixed
The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis widened slightly in the week ended Nov. 22.
Active rig counts stable this week
US rig activity has remained in multi-year low territory since June. Drilling in Canada has edged lower across the last few weeks but remains historically strong.
Domestic HR, offshore prices decline
US hot-rolled (HR) coil prices slipped this week, while tags in offshore markets were also largely down. Thus, the price premium between stateside hot band and imports on a landed basis was relatively unchanged.
Kloeckner, SDI collaborate on aluminum plant in Mississippi
The investment is aimed at growing Kloeckner’s automotive and industrial segment in the US and Mexico.
HVAC shipments slip in September but are still trending higher
Following a strong August, total heating and cooling equipment shipments eased in September to a five-month low, according to the latest data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).