Final Thoughts

Final Thoughts

Written by John Packard


While attending the FMA Toll Processing Conference I ran across someone associated with Feralloy Processing Company who spoke to me about the upgrades they had made to one of their levelers. I requested more information and learned that the company had recently purchased and installed a Butech Bliss patent pending Synergy hydraulic operated roller leveler for their Portage, Indiana facility. According to the flyer provided to me by Feralloy Processing, “The enhanced menu driven operator interface allows simple graphical controls and a recipe system for quickly saving and recalling the best shape correction settings for a particular product and is both intuitive and operator friendly.” Installation was recently completed and the equipment will process carbon steel up to .75″ thick by 96 inches wide. The lever was an upgrade to an existing line.

If your company has installed new equipment or modernized or expanded your plant we would like to know. You can send information to: info@SteelMarketUpdate.com and we will do our best to get the information on our website and, if appropriate, in our newsletter.

The success of our Steel 101: Introduction to Steelmaking & Market Fundamentals workshop has prompted a number of companies to request custom designed workshops tailored to their company’s needs. In the past we have worked with an industry organization focused on galvanized and our most recent program was with a domestic mill working with their inside support staff. If you would like to learn more about custom training workshops, please contact JohnTemples@SteelMarketUpdate.com or myself (John@SteelMarketUpdate.com) for more information.

Our next Steel 101 workshop is about one third sold out at this point and we have a number of inquiries about the program. If you are interested in learning more about how steel is made from dirt (or scrap), rolled, coated, bought and sold as well as what commodities impact pricing and other market fundamentals I highly recommend our Steel 101 program. Dates are May 6-7, 2014 and includes a tour of the fully integrated steel mill: Severstal Dearborn. If you have questions do not hesitate to contact our office: 800-432-3475.

In this evening’s edition of Steel Market Update we included two articles by Peter Wright that would normally be part of our Premium Level services. The articles are CPIP (Construction Put in Place) and Imports of Sheet & Strip Through February 2014. We are providing these articles so our Executive members and free trials can get a sense as to some of the content contained in a Premium membership. If you would like to learn more about Premium membership please contact our office: info@SteelMarketUpdate.com or by phone: 800-432-3475.

As always we thank you for your business which is truly appreciated by all of us here at Steel Market Update.

John Packard, Publisher

On a free trial and you would like to learn how to become an annual subscriber to Steel Market Update? Click here or contact our office: 800-432-3475.

Latest in Final Thoughts

Final thoughts

Last week was a newsy one for the US sheet market. Nucor’s announcement that it would publish a weekly HR spot price was the talk of the town – whether that was in chatter among colleagues, at the Boy Scouts of America Metals Industry dinner, or in SMU’s latest market survey. Some think that it could Nucor's spot HR price could bring stability to notoriously volatile US sheet prices, according to SMU's latest steel market survey. Others think it’s too early to gauge its impact. And still others said they were leery of any attempt by producers to control prices.