Steel Products
March 31 Free SMU Community Chat to Focus on Construction Market
Written by Tim Triplett
March 23, 2021
Ken Simonson, chief economist at the Associated General Contractors of America, will be the featured speaker at the next SMU Community Chat beginning at 11 a.m. ET on Wednesday, March 31.
Simonson will speak to the status of the residential, commercial and industrial construction markets and forecasts for construction in the coming months. He will also cover the most recent Data DIGest from the AGC and discuss what the trade group’s members are predicting for future construction projects.
Join us at 11 a.m. ET next Wednesday, March 31. The 45-minute webinar is free and open to all. To register, click here.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products
US rig count slips, Canada ticks higher
ncreases through September, according to the latest Baker Hughes rig count data.
CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]
US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.
Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."
Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.