Steel Products
Final Thoughts
Written by John Packard
February 6, 2013
Our beginning of February steel market survey will continue until Thursday afternoon. If you have received an invitation please click on the link to the survey. All responses are kept confidential. I will send out a reminder email on Wednesday morning at 8 AM ET (which will also contain your personalized link to the survey).
For those companies thinking about sending employees to our Steel 101 workshop – we have about 3 spots left for the February 27-28 workshop in Columbus, Mississippi. Please contact our office if you need more details – 800-432-3475 or info@SteelMarketUpdate.com
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard
Read more from John PackardLatest in Steel Products
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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.