Economy

CRU to Host Virtual New York Steel Seminar in June
Written by Tim Triplett
May 4, 2021
Join us for CRU’s Annual New York Steel Seminar featuring the outlook for steel and key considerations for navigating price volatility alongside the low carbon transition.
Date: Wednesday, June 16, 2021
Time: 10:00 a.m. – 12:00 p.m. EDT
Despite the pandemic’s impact now easing on the steel industry, domestic and global steel markets continue to face uncertainty and challenges. Steel markets remain in the spotlight with record high prices and the call to decarbonize steel supply chains. CRU’s analysts and industry experts will discuss the challenges, opportunities and outlook for North American steel – focusing on steel prices and the pursuit of net zero.
The virtual seminar is free to attend, and you may invite your colleagues to join. Speakers and agenda will be announced shortly.

Tim Triplett
Read more from Tim TriplettLatest in Economy

Chicago PMI dips 0.1 points in June
The Chicago Purchasing Managers Index (PMI) slipped 0.1 points to 40.4 points, in June.

Multi-family pullback drives housing starts to 5-year low in May
US housing starts tumbled in May to a five-year low, according to figures recently released by the US Census Bureau.

Architecture firms still struggling, ABI data shows
Architecture firms reported a modest improvement in billings through May, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.

Manufacturing in New York state contracts again
However, companies are growing more optimistic about the future.

ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.