Economy
CRU Virtual New York Steel Seminar Set for June 16
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.
Tim Triplett
Read more from Tim TriplettLatest in Economy
Steel exports recovered in May but still historically low
US steel exports rose 10% from April to May but remained low compared to recent years. This came just one month after exports fell to the lowest level recorded in nearly five years.
AISI: Raw steel production ticks up near recent high
The volume of raw steel produced by US mills inched higher last week, according to the American Iron and Steel Institute (AISI). After steadily increasing in April and May, domestic mill output stabilized in early June and has remained historically strong since.
Steel groups welcome passage of budget bill
Steel trade groups praised the passage of the Big Beautiful Bill (BBB) in Congress on Thursday.
Industry groups praise Senate for passing tax and budget bill
The Steel Manufacturers Association and the American Iron and Steel Institute applauded the tax provisions included in the Senate's tax and budget reconciliation bill.
Chicago PMI dips 0.1 points in June
The Chicago Purchasing Managers Index (PMI) slipped 0.1 points to 40.4 points, in June.