Steel Products

Speaker Profile: Alan Beaulieu--"Light at the End of the Tunnel"
Written by Sandy Williams
July 20, 2020
Economist Alan Beaulieu, president of ITR Economics, will again be a keynote presenter during the SMU Steel Summit 2020 virtual conference, providing insight on the economy, impact of the pandemic and what we can expect in 2021 and beyond.
With more than 30 years’ experience in economic analysis, Beaulieu has been delivering accurate and straightforward forecasts while proving that economists can have a sense of humor.
In a recent blog for ITR, “Light at the End of the Tunnel,” Beaulieu writes that economic signs as of July are “actually quite good.”
“One of the things that jumps out at me is that the world, not just the United States, is seeing some light at the end of the tunnel, should trends continue.”
“Jobs seem to be coming back. Freight is moving, which means demand. The world seems to be picking up speed. The one thing we’re waiting for is for the second wave to come or not come, and for retail sales to show some more strength. Are we on the right path? Looks that way. It’s a good beginning to July. Stay tuned. We’ll have more data for you down the road.”
Stay tuned, indeed. Register for the SMU 2020 Steel Summit Virtual Conference here for more economic insights from Beaulieu as well as from a strong lineup of speakers on topics ranging from steel prices to recruiting the next generation of leaders. See you (virtually) on Aug. 24-26.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products

Plate market sources expect mill price hikes, say business remains a steady trickle
Participants in the US carbon and steel plate market are frustrated by the lack of activity following the Labor Day holiday weekend.

September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]

SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.