Research
The never ending struggle to find the truth…
Steel Market Update wanted to find a place to put all of those little “things” you need to be aware of in the buying and selling of flat rolled steel. This is just the beginning of this section and we expect it to grow and grow in the months and years to come.
What’s Here?
- Apparent Steel Supply 2008 vs. 2007 in the United States – statistics and how we came to our conclusion.
- Billing method conversion calculations – for galvanized steel sheet and coil – one stop answers to those many questions.
- Cold rolled sheet thickness tolerances – want to know what the minimum and maximum thickness tolerance is allowed for 24 gauge cold rolled?
- Fractions – conversion chart from fractions in inches to decimals – 7/32” is 0.2187” – we got more where that came from….
- Galvanized coil and sheet calculations – calculation for determining average decimal (thickness) of a coil. Also how to calculate square footage.
- Glossary of Steel Terms – this is an ongoing project. Let us know if we are missing a word.
- Hot rolled sheet thickness tolerances – just like the Cold Rolled above only hotter….
- Import statistics – and variances from U.S. Department of Commerce data.
- Manufacturers standard gauge history – actually pretty interesting document.
- Raw steel utilization – since 1914…
- Scrap definitions – what the heck is busheling anyway?
- Steel Buyers Basics – something we should not provide for free but we are for the moment. These are articles written by John Packard over a period of time to assist those in purchasing and sales become more productive. There are articles which can also assist management in determining if their company is being taken advantage of by others.
- Steel thickness definitions – what is minimum ordered decimal and what does nominal thickness mean when ordering from a steel mill?
- USGS – shows shipments, production and apparent consumption going back to 1900.
- Incoterms – ever wonder what CIF stands for?

