Steel Products
Final Thoughts
Written by John Packard
August 9, 2013
We have 5 spots left open in our next Steel 101 workshop which will be held in Blytheville, Arkansas on October 8th and 9th. The workshop includes a tour of the Nucor Hickman EAF and rolling mill. Information about the workshop is on our website or you are welcome to contact our office: 800-432-3475.
We received a number of comments regarding our new Monthly Newsletter – all complimentary. If you thought it stunk – I would like to hear from you. I am always looking for suggestions and insights which would make the product better. I can be reached at: John@SteelMarketUpdate.com.
By the way – if you think our product is good enough to recommend to others and you don’t mind saying it – we continue to collect new testimonials for our new website. You can send a short one or two sentence glowing, gushing testimonial directly to me: John@SteelMarketUpdate.com. Many thanks in advance…
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

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.

CRU: Construction of pilot plant for green steel process starts
Voestalpine and partners have begun building an industrial-scale Hy4Smelt demonstration plant in Linz, Austria, which they hope will become key in the decarbonization of steel.