Steel Products
SMU Community Chat to Feature Energy Market Expert
Written by John Packard
March 2, 2021
Preston Pipe Partner Rick Preckel will be the speaker at Steel Market Update’s next Community Chat webinar.
The webinar will be held tomorrow, Wednesday, March 3, at 11 a.m. ET and is free to those looking to learn more about the interplay between the steel and energy markets.
Joining Rick will be SMU Senior Editor Michael Cowden. Rick and Michael will discuss the rebound in oil prices and what a reinvigorated energy sector might mean for steel demand.
You can register for next week’s webinar by clicking here or by going to www.SteelMarketUpdate.com/blog/smu-community-chat-webinars.
About Rick Preckel and Preston Pipe
Preston Pipe is a consulting, market research, and reporting firm that specializes in steel pipe and tube data, analysis, and related services. It was founded in 1982.
Preckel has been in the steel industry since 1985, when he started his career at Maverick Tube. He held increasingly senior roles at the pipe and tube producer, including vice president of strategic services and president and CEO of Prudential Steel, a Maverick Tube subsidiary. He, along with another steel veteran, Paul Vivian, purchased Preston Pipe in 2006.
Preckel is a graduate of the University of Missouri-St. Louis, where he received a bachelor of science in business administration.
John Packard
Read more from John PackardLatest in Steel Products
CMC to open rebar fabrication facility in Ohio
Longs producer and metal recycler CMC plans to open a new rebar fabrication plant in Akron, Ohio.
US and Mexico take action to curb ‘unfair’ trade
The US and Mexico announced measures on Wednesday to prevent tariff evasion and protect North America’s steel and aluminum industries.
Final thoughts
First off, we hope everyone had a safe and happy July 4th holiday, with fireworks seen and BBQs attended. Many parts of the country are quite toasty at the moment, signaling that, yes, summer has indeed arrived. And looking at our most recent survey results, the summer doldrums have arrived as well.
Active rig counts recover in US, slip in Canada
US drill rig activity moved back up last week after drifting lower for four straight weeks. Meanwhile, Canadian counts slipped for the first time after a seven-week rally, according to the latest data from Baker Hughes.
AISI: US steel shipments up in May from April, off from 2023
Domestic steel shipments increased in May month over month but have fallen on-year.