Steel Products
Final Thoughts
Written by John Packard
February 4, 2013
A quick note to those who are new readers – the small “thumbnail” graphics in our articles are “clickable.” When you click on them they will expand to full size so you can examine them in more detail.
Today is Super Bowl Sunday – so we are going to publish a little earlier than normal so you can get your steel homework out of the way and then you can enjoy your family, friends and football (or the commercials and half time – the real reason some of us watch the game).
As always your business is truly appreciated – tell your friends and business associates about Steel Market Update – we are not ashamed to admit we could always use a few more good customers like you.
John Packard
Read more from John PackardLatest in Steel Products
Domestic mill shipments rise in June: AISI
US steel shipments increased month over month and year over year in June, according to the latest figures from the American Iron and Steel Institute (AISI).
Active rig counts slipped in US, Canada
Drilling activity slowed in the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.
OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.
Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.