• Skip to main content

    Distributors/Service Centers

    Playing Field Not "Fair and Level" for All, Say Small Manufacturers

    Written by Sandy Williams


    Tariffs are harming, and sometimes causing devastating effects, for small manufacturing businesses, said speakers at the 2018 SMU Steel Summit held in Atlanta this week. An informal survey of 486 people at the summit showed almost half (49 percent versus 43 percent) of those polled felt the Section 232 tariffs were having a negative impact on their business. Two speakers, in particular, spoke on the challenges of doing business amid trade wars, tariffs and surging steel prices.

    “The politics of this industry is like dealing with a Third World country during a war on terrorism—unpredictable and always exciting,” said panelist Chris Shipp, vice president of sales at Priefert Steel and a Navy veteran. Priefert is both a manufacturer and a steel distributor. The Texas company is a farm, ranch and rodeo equipment manufacturer, as well as a steel processor and distributor.

    Latest in Distributors/Service Centers

    SMU Profile: Worthington’s Gilmore speaks on ‘tough’ market, Kloeckner integration

    Worthington Steel Chief Executive Geoff Gilmore said this is the toughest steel market he's seen in his nearly three decades in the industry. Gilmore, president and CEO of Columbus, Ohio-based Worthington Steel, recently spoke to SMU about the progression of the company’s acquisition of Germany-based Kloeckner & Co, as well as trends he’s seeing in the market and in the service center space. “I've been in the business for 28 years, and this is the toughest market that I've encountered,” Gilmore told SMU. He cited factors such as stretched lead times, mill consolidation, maintenance outages, and very limited imports affecting availability.

    SMU Survey: Buyers push price peak expectations later despite competitive imports

    Buyers in SMU’s latest Flat-Rolled Steel Survey increasingly expect hot-rolled (HR) coil prices to keep climbing into year-end and beyond. But competitive import offers have not yet eased concerns about tight availability: most surveyed manufacturers and service centers said foreign suppliers were quoting competitive prices, while many service centers said they were still buying imports to secure additional tons. As of Tuesday, Oct. 27, current spot prices for HR coil range from $1,280 per short ton (st) to $1,330/st, averaging $1,305/st, according to SMU’s market survey. Looking two months ahead, 41% of respondents to our Oct. 28 survey expected HR coil prices to be $1,300-1,349 per short ton (st) in two months, down from 47% in our survey two weeks earlier.

    National Material acquires Arlington Metals, companies see a win-win

    National Material Company has completed its acquisition of Arlington Metals Corp., the companies said in a joint press release. National Materials, a service center based in East Chicago, Ind., said the acquisition of Arlington Metals, a Franklin Park, Ill.-based toll processor, will allow it to serve customers across a broader range of markets and metals. "Arlington Metals is a great fit for us," said Blake Johnson, president of National Material.