“A Covid-19 vaccine would be a ‘shot in the arm’ for the economy,” said AISI Chief Economist Tim Gill during Wednesday’s SMU Community Chat Webinar. 2020 has been a challenging year for the steel industry in the U.S. and around the world, said Gill. Capacity utilization rates fell 30 percentage points from mid-March to just […]
“It’s official, pandemics are not great for business,” understated Mike Barnett with an ironic smile during the SMU Community Chat Webinar on Aug. 5. Barnett, President and COO at Grand Steel Products, and Lisa Goldenberg, President of Delaware Steel Co. of Pennsylvania, described the challenge of operating a service center business during the COVID-19 crisis. Delaware […]
Tim Gill, chief economist for the American Iron and Steel Institute, will be the featured speaker for the next SMU Community Chat. The webinar, which is free to anyone in the industry, will begin at 11 a.m. ET on Wednesday, Aug. 12. Gill will detail the impact of the coronavirus on the steel market and his forecast […]
Tim Gill, chief economist for the American Iron and Steel Institute, will be the featured speaker for the next SMU Community Chat. The webinar, which is free to anyone in the industry, will begin at 11 a.m. ET on Wednesday, Aug. 12. Gill will detail the impact of the coronavirus on the steel market and offer his […]
Steel Market Update welcomes two well-known service center executives to the next SMU Community Chat webinar, set for 11 a.m. ET on Wednesday, Aug. 5. Joining moderator Tim Triplett for a spirited Q&A will be Lisa Goldenberg, President of Delaware Steel Co. of Pennsylvania, and Mike Barnett, President of Grand Steel Products. Goldenberg and Barnett […]
Many subscribers to Steel Market Update don’t even know the full extent of the information available to them through SMU’s research. SMU President and CEO John Packard will host this week’s Community Chat Webinar, beginning at 11 a.m. ET on Wednesday, July 22, to enlighten both current and prospective members. John will highlight the methodology […]
Now is a good time to consider the futures market, said Andre Marshall, president and founder of Crunch Risk, LLC, during Wednesday’s SMU Community Chat Webinar. Hedging price risk can help bring some certainty to the unpredictability brought on by the COVID-19 pandemic. “Right now, the market is very bearish based on what we are […]
Steel Market Update’s next Community Chat webinar on Wednesday, July 15, will feature guest speaker and price risk expert Andre Marshall, President and Founder of Crunch Risk, LLC. Crunch Risk is a price risk management and brokerage firm specializing in a suite of futures contracts in ferrous metals and base metals. Andre has over 25 […]
Steel Market Update’s next Community Chat webinar on Wednesday, July 15, will feature guest speaker and futures expert Andre Marshall, President and Founder of Crunch Risk, LLC. Crunch Risk is a price risk management and brokerage firm specializing in a suite of futures contracts in ferrous metals and base metals. Andre has over 25 years […]
Steel Market Update’s next Community Chat webinar on Wednesday, July 15, will feature guest speaker Andre Marshall, President and Founder of Crunch Risk, LLC. Crunch Risk is a price risk management and brokerage firm specializing in a suite of futures contracts in ferrous metals and base metals. Andre has over 25 years of commodity trading […]
“Blunt force demand trauma.” That is how Ryerson President & CEO Eddie Lehner described the market environment as a result of the COVID-19 crisis. One really can’t use the word “unprecedented” too much when discussing the effects of the pandemic on the economy and industry, said Lehner. Losing 30 percent of demand in 30 days […]
Steel Market Update’s next Community Chat webinar on Wednesday, July 8, will host CRU Senior Analyst Ryan McKinley, who will offer an update on the global ferrous scrap market and answer metallics-related questions from listeners. Ferrous scrap prices began to trade this afternoon with obsolete grades dropping by $20 per gross ton, and prime grades […]
On Wednesday, July 1, Steel Market Update will host the next SMU Community Chat webinar. Guest speaker will be Eddie Lehner, President & CEO of Ryerson, one of the largest flat rolled and plate service centers in North America. The free webinar begins at 11 a.m. ET. Register by clicking on this link. As with […]
On Wednesday, July 1, Steel Market Update will host the next SMU Community Chat webinar. Guest speaker will be Eddie Lehner, President & CEO of Ryerson, one of the largest flat rolled and plate service centers in North America. The free webinar begins at 11 a.m. ET. Register by clicking on this link. As with […]
On Wednesday, July 1, Steel Market Update will host the next SMU Community Chat webinar. Guest speaker will be Eddie Lehner, President & CEO of Ryerson, one of the largest flat rolled and plate service centers in North America. The free webinar begins at 11 a.m. ET. Register by clicking on this link. As with […]
From a steel buyer’s perspective, the environment is relatively competitive now. Mills and service centers are hungry for business, said Donald Bly, managing director of Applied Value, during Wednesday’s SMU Community Chat Webinar. Mill capacity utilization is down to about 53 percent, but still better than the 2008-2009 recession, he said. “It’s a good time […]
Industry analyst Donald Bly, managing director of Applied Value, will offer his perspective on the steel market at 11 a.m. tomorrow (Wednesday) during the next SMU Community Chat. As with every Community Chat webinar, this event is free to the public. Click here to register. SMU President and Publisher John Packard will host the discussion […]
On Wednesday, June 17, we will host our next SMU Community Chat webinar with our guest speaker Donald Bly, managing director of Applied Value. As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click here to […]
Markets are vastly improved from where they were two months ago, said James Banker, Executive Vice President of NLMK USA, during Steel Market Update’s Community Chat on Wednesday. Conditions seem good, mostly because they are coming off a “really awful period,” he said. NLMK USA relies on its customers for information about the market, and […]
On Wednesday, June 10, we will host our next SMU Community Chat webinar with our guest speaker Donald Bly, managing director of Applied Value. As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click here to […]
On Wednesday, June 10, we will host our next SMU Community Chat webinar with our guest speaker James Banker, Jr., Executive Vice President of NLMK USA. As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click […]
On Wednesday, June 10, we will host our next SMU Community Chat webinar with our guest speaker James Banker, Jr., Executive Vice President of NLMK USA. As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click […]
Section 232 tariffs will likely remain in place no matter who is the White House in January, said trade attorney Lewis Leibowitz during the SMU Community Chat on June 3. Legal challenges to the tariff measures, however, could cause a change. Firms are challenging the Section 232 exclusion process that appears skewed toward U.S. steel […]
James Banker, Executive Vice President of NLMK USA, will be the featured speaker at 11 a.m. ET on Wednesday, June 10, for our next SMU Community Chat webinar. Mr. Banker will share his views on the current state of steel production during the coronavirus pandemic, as well as various trade issues. The 45-minute webinar is […]
Trade attorney Lewis Leibowitz will be the featured speaker at 11 a.m. ET on Wednesday, June 3, for the next SMU Community Chat webinar. The 45-minute webinar is free and open to all interested in the topic of free and fair trade. A regular contributor to Steel Market Update, Leibowitz is an expert on government […]
Trade attorney Lewis Leibowitz will be the featured speaker at 11 a.m. ET on Wednesday, June 3, for the next SMU Community Chat webinar. The 45-minute webinar is free and open to all interested in the topic of free and fair trade. A regular contributor to Steel Market Update, Leibowitz is an expert on government […]
Some days I just stare at my feet and wonder, what happened? Barry Zekelman let it all hang out during this week’s SMU Community Chat webinar. I may have had a “deer in the headlamps” look on my face when we got to the end. Some of you who listened to the webinar loved it, […]
“Resilient” is how Barry Zekelman, executive chairman and CEO of Zekelman Industries, characterized steel markets during the SMU Community Chat Webinar yesterday. “We went through a rapid shock and adjustment at the end of March and early April, but April was actually pretty decent and May is basically back on track,” he said, expressing a fairly […]
Trade attorney Lewis Leibowitz will be the next speaker for our SMU Community Chat webinar. The free webinar will be held at 11 AM ET on Wednesday, June 3. The pandemic has not stopped Section 232, anti-dumping and countervailing duties and other trade remedies enjoyed by the domestic steel mills. There is also the new USMCA […]
Barry Zekelman will be the guest speaker for our upcoming SMU Community Chat webinar. The free webinar will be held at 11 AM ET on Wednesday, May 27. Zekelman Industries buys 200,000 tons of steel each and every month. Their customers are associated with construction, energy, agriculture and many other market segments critical to the […]