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
All stakeholders watching for impacts of dockworkers’ strike
All eyes are on the coastwide longshoremen's strike, with many scrambling to assess the situation and understand its implications for their businesses and the economy.
Bull Moose to expand US operations with $25M Missouri plant
Bull Moose Tube Co. (BMT) will expand its steel pipe and structure operations with a $25 million plant in Gerald, Mo., according to The Economic Times.
September energy market update
In this Premium analysis we cover oil and natural gas prices, drilling rig activity, and crude oil stock levels in North America. Energy prices and rig counts are advance indicators of demand for oil country tubular goods (OCTG), line pipe, and other steel products.
Active rig counts dip in US and in Canada
US rig counts remain near multi-year lows, which is the territory they have been in for the last three months. Canadian counts have edged lower in the past two weeks, slipping from a six-month high earlier this month.
US monthly raw steel production ticked higher in July: AISI
July raw steel mill production was 3% greater than the month prior and marks the second-highest production rate seen so far this year.