Steel Products

Next SMU Community Chat to Feature Analyst from Applied Value
Written by John Packard
June 12, 2020
On Wednesday, June 17, we will host our next SMU Community Chat webinar with our guest speaker Donald Bly, managing director of Applied Value.
As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click here to register.
Applied Value works on the buy side of the industry. We anticipate discussing the overall industry perspectives on production, consumption and pricing. We will cover the current negotiation situation with steel mills and service centers with end users. We will also cover what manufacturing companies (OEMs) are doing to cover supply issues and managing any shortages. Applied Value will discuss with SMU how OEMs are revaluing their supply chains and managing risks by reshoring parts back to North America.
Come join us at 11 AM ET (10 CT, 9 MT, 8 PT) this Wednesday. To register please click here or go to: www.SteelMarketUpdate.com/blog/smu-community-chat-webinars

John Packard
Read more from John PackardLatest in Steel Products

OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.

Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.

CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.