The United States leads the world in production of sustainable steel and doesn’t get enough credit for its performance in reducing climate-changing CO2 emissions, said Steel Manufacturers Association President Philip Bell, during during Wednesday’s SMU Community Chat webinar. The minimill electric arc furnace is the preferred technology for lowering CO2 intensity. “The U.S produces over 70% […]
Don’t forget to tune into SMU’s next Community Chat webinar on Wednesday, May 26, at 11 a.m. ET with Steel Manufacturers Association (SMA) President Philip K. Bell. Bell will speak about the U.S. steel industry’s low carbon profile compared to steelmakers abroad – and its efforts to reduce carbon emissions even further. He will […]
Don’t forget to tune into SMU’s next Community Chat webinar on Wednesday, June 23, at 11 a.m. ET with SSAB Americas President Charles Schmitt. SSAB, a Nordic steel company with employees in over 50 countries, claims to be the largest producer and supplier of heavy plate in North America, with a market share of approximately 33% in […]
Don’t forget to tune into SMU’s next Community Chat webinar on Wednesday, June 23, at 11 a.m. ET with SSAB Americas President Charles Schmitt. SSAB, a Nordic steel company with employees in over 50 countries, claims to be the largest producer and supplier of heavy plate in North America, with a market share of approximately 33% in […]
Steel Manufacturers Association (SMA) President Philip K. Bell will be the featured speaker for the next SMU Community Chat webinar on Wednesday, May 26, at 11 a.m. ET. Bell will speak about the U.S. steel industry’s low carbon profile compared to steelmakers abroad – and its efforts to reduce carbon emissions even further. He will […]
Could the U.S. steel industry be looking at 50 million tons of new demand in the next few years? That’s one way of calculating how much steel might be required if a $1-trillion infrastructure package passes Congress and is signed into law. Infrastructure spending of $1 billion equals 50,000 tons in steel demand, according to a […]
Join us for a free, 45-minute SMU Community Chat on Wednesday with an infrastructure policy expert from the American Iron and Steel Institute (AISI). Brett Smith, senior director of government relations at the AISI, will be the featured speaker during the webinar on May 12, at 11 a.m. ET. Smith serves as liaison between AISI member […]
Brett Smith, senior director of government relations at the American Iron and Steel Institute (AISI), will be the featured speaker during the next SMU Community Chat on Wednesday, May 12, at 11 a.m. ET. Smith serves as liaison between AISI member companies from the American steel industry and the U.S. Congress and federal agencies. He […]
Hot rolled steel prices have been on the rise since last August and hit a new record of $1,440 per ton this week as nine-week lead times have tightened supplies and made spot tons scarce. Can steel prices possibly continue rising for the rest of the year? Chris Shipp is convinced steel prices have a […]
Chris Shipp, Vice President of Supply Chain at Priefert Manufacturing/Priefert Steel, will be the featured speaker at the next SMU Community Chat on Wednesday, April 28, at 11 a.m. ET. Priefert serves the agriculture and ranching industries, among others. Chris purchases more than 150,000 tons of steel each year. We will discuss solar projects, infrastructure, […]
Chris Shipp, Vice President of Supply Chain at Priefert Manufacturing/Priefert Steel, will be the featured speaker at the next SMU Community Chat on Wednesday, April 28, at 11 a.m. ET. Priefert serves the agriculture and ranching industries, among others. Chris purchases more than 150,000 tons of steel each year. We will discuss solar projects, infrastructure, […]
Join us for a free, 45-minute Community Chat with an expert steel buyer on Wednesday. Chris Shipp, Vice President of Supply Chain at Priefert Manufacturing/Priefert Steel, will be the featured speaker during the webinar, which begins Wednesday, April 28, at 11 a.m. ET. Priefert serves the agriculture and ranching industries, among others. Chris purchases more than […]
Olympic Steel CEO Rick Marabito is very bullish on the metals market, comparing the industry to a baseball game that’s just getting started: “I think we are in the first couple of innings of a really good market and cycle,” he said during Wednesday’s SMU Community Chat. Despite material shortages and supply disruptions, manufacturing is […]
Olympic Steel CEO Rick Marabito will be the featured speaker at the next SMU Community Chat on Wednesday, April 14, at 11 a.m. ET. Marabito will bring a service center perspective to the current steel market in a one-on-one discussion with SMU. (Translation: This will not be death by PowerPoint.) Topics will include infrastructure, supply […]
Olympic Steel CEO Rick Marabito will be the featured speaker at the next SMU Community Chat on Wednesday, April 14, at 11 a.m. ET. Marabito will bring a service center perspective to the current steel market in a one-on-one discussion with SMU. Topics will include infrastructure, supply chain disruptions stemming from COVID-19, and port congestion. […]
Olympic Steel CEO Rick Marabito will be the featured speaker at the next SMU Community Chat on Wednesday, April 14, at 11 a.m. ET. Marabito will bring a service center perspective to the current steel market in a one-on-one discussion with SMU. Topics will include infrastructure, supply chain disruptions stemming from COVID-19, and port congestion. […]
Olympic Steel CEO Rick Marabito will be the featured speaker at the next SMU Community Chat on Wednesday, April 14, at 11 a.m. ET. Marabito will bring a service center perspective to the current steel market in a one-on-one discussion with SMU. (Translation: This will not be death by PowerPoint.) Topics will include infrastructure, supply […]
Business conditions in the construction industry are split along the residential/nonresidential line, said Ken Simonson, chief economist at the Association of General Contractors of America, who spoke during Wednesday’s SMU Community Chat Webinar. Employment levels in the industry plunged last year at a similar rate between the two segments as the pandemic took hold in March […]
Ken Simonson, chief economist at the Associated General Contractors of America, will be the featured speaker during tomorrow’s SMU Community Chat beginning at 11 a.m. ET. Simonson will speak to the status of the residential, commercial and industrial construction markets and forecasts for construction in the coming months. He will also cover the most recent Data DIGest from […]
Ken Simonson, chief economist at the Associated General Contractors of America, will be the featured speaker at the next SMU Community Chat beginning at 11 a.m. ET on Wednesday, March 31. Simonson will speak to the status of the residential, commercial and industrial construction markets and forecasts for construction in the coming months. He will also cover […]
U.S. electric-arc furnace mills have a leg up on the world when it comes to meeting new carbon emissions standards–for now, said CRU Senior Analyst Ryan Smith. That’s according to a “carbon curve” Smith presented that is part of CRU Group’s Emissions Analysis Tool. The carbon curve is similar to the cost curve many steel […]
On Wednesday, March 17, Steel Market Update will host John Packard (SMU CEO) and Ryan Smith, Senior Analyst covering global steel costing and decarbonization for CRU. This will be a special program in that Ryan resides in Sydney, Australia, thus the 3:30 p.m. EDST time instead of our usual 11 a.m. start time Ryan Smith […]
On Wednesday, March 17, Steel Market Update will host John Packard (SMU CEO) and Ryan Smith, Senior Analyst covering global steel costing and decarbonization for CRU. This will be a special program in that Ryan resides in Sydney, Australia, thus the 3:30 p.m. EDST time instead of our usual 11 a.m. start time Ryan Smith […]
The United States’ two leading steel industry associations have cheered the Senate confirmation of Michael Regan, the new head of the Environmental Protection Agency. The move comes as the U.S. steel industry increasingly looks to burnish its credentials as a green industry – and as the potential of a carbon-border tax boosts the economic viability […]
The energy sector is definitely improving, stated Rick Preckel, partner at the consulting firm Preston Pipe, during Wednesday’s SMU Community Chat. Excess inventory of crude oil is beginning to move and rig counts are getting better. As rig counts and drilling pick up, OCTG product demand will flow quickly through the cycle. OCTG price increases are […]
Preston Pipe Partner Rick Preckel will be the speaker at Steel Market Update’s next Community Chat webinar. The webinar will be held on 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 […]
We welcome Michael Cowden to Steel Market Update next week as the guest speaker for our SMU Community Chat. The webinar will be held on Wednesday, Jan. 13, at 11 a.m. ET. The webinar is free to anyone who is interested in the flat rolled and plate steel markets. Joining Michael will be SMU President […]
No one anticipated in August how quickly prices would go up, said CRU Principal Analyst Josh Spoores during this week’s SMU Community Chat Webinar. As four criteria lined up—steel-intensive industrial demand, low supply chain inventories, low imports, and domestic prices below global levels—steel prices in the U.S. surged at the fastest rate in 41 years, […]
On Wednesday, Dec. 2, Steel Market Update will host another in our series of free webinars featuring CRU Principal Analyst and Editor of the CRU Sheet Monitor – Josh Spoores. Spoores and SMU President and Publisher John Packard will chat for about 30 minutes on CRU’s steel sheet forecast for 2020-2021. We will discuss demand, […]
Tomorrow (Wednesday, Oct. 28) we will host one of our free SMU Community Chat Webinars with Dr. David Schultz, Distinguished Professor of Political Science & Legal Studies at Hamline University. Dr. Schultz is an elections expert, and he has some interesting observations from an academic (as opposed to partisan political) perspective regarding this year’s election. […]