Steel Products
Final Thoughts
Written by John Packard
February 27, 2013
am in Starkville and Columbus, Mississippi as we conduct our next Steel 101 workshop beginning on Wednesday morning. We have a full workshop and I am looking forward to a great group. I am also looking forward to touring the Severstal Columbus steel mill. The most modern flat rolled mini-mill (EAF) in the United States. Thank you again to our friends at Severstal Dearborn and Columbus.
On Thursday we will produce something new for our readers – a sample of our SMU Key Indicators which we think you will find both interesting and enlightening. This is a “premium” product which takes a look out to into the future for the steel industry.
As always your business is truly appreciated.

John Packard
Read more from John PackardLatest in Steel Products

US rig count slips, Canada ticks higher
ncreases through September, according to the latest Baker Hughes rig count data.

CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.

Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.