Steel Products
Ratner Orders Heavy-Gauge CTL Line
Written by Tim Triplett
December 14, 2017
Ratner Steel has purchased a new 5/8th-inch 76-inch-wide stretcher leveler from Red Bud Industries for its Osceola, Ark., service center, to be delivered in fourth-quarter 2018.
“We are very excited with this new opportunity,” said Mark Ratner, owner and CEO. “Our belief is that this region of the country has significant potential for a flat rolled company such as Ratner Steel. The equipment we purchased will be the preeminent cut-to-length line in the region. It will allow us to provide customers with a quality piece of steel at a competitive price.”
Ratner Steel currently has three stretch levelers in its Indiana and Minnesota locations. The company processes 400,000 tons of carbon steel annually. It services a diverse customer base, including service centers, fabricators and OEMs.
{loadposition reserved_message}

Tim Triplett
Read more from Tim TriplettLatest in Steel Products

September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]

SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.

HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.