Steel Products
SMU Community Chat to Feature Energy Market Expert
Written by John Packard
March 2, 2021
Preston Pipe Partner Rick Preckel will be the speaker at Steel Market Update’s next Community Chat webinar.
The webinar will be held tomorrow, Wednesday, March 3, at 11 a.m. ET and is free to those looking to learn more about the interplay between the steel and energy markets.
Joining Rick will be SMU Senior Editor Michael Cowden. Rick and Michael will discuss the rebound in oil prices and what a reinvigorated energy sector might mean for steel demand.
You can register for next week’s webinar by clicking here or by going to www.SteelMarketUpdate.com/blog/smu-community-chat-webinars.
About Rick Preckel and Preston Pipe
Preston Pipe is a consulting, market research, and reporting firm that specializes in steel pipe and tube data, analysis, and related services. It was founded in 1982.
Preckel has been in the steel industry since 1985, when he started his career at Maverick Tube. He held increasingly senior roles at the pipe and tube producer, including vice president of strategic services and president and CEO of Prudential Steel, a Maverick Tube subsidiary. He, along with another steel veteran, Paul Vivian, purchased Preston Pipe in 2006.
Preckel is a graduate of the University of Missouri-St. Louis, where he received a bachelor of science in business administration.
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.