Economy

AMSCI to Host Annual Gala Nov. 4 in New Orleans
Written by Tim Triplett
October 7, 2021
The American Metals Supply Chain Institute (AMSCI) plans to commemorate its successful reorganization by hosting its 70th Annual Dinner Gala on Thursday, Nov. 4, at the Loews Hotel in New Orleans.
Formerly the American Institute for International Steel (AIIS), AMSCI has expanded its mission from one focusing primarily on free and fair trade in steel – still an area of vital concern – to one representing the entire metals supply chain, said President Richard Chriss.
“AMSCI will continue to lead the fight on vital issues facing the metals supply chain, like the job-killing tariffs on steel and aluminum. Although this fight began in the courts, AMSCI continues to push in other forums to eliminate or reduce the destructive tariffs, particularly in the court of public opinion.”
AMSCI plans to address other significant policy matters on Washington’s agenda and expand the information and educational resources it provides to its members, Chriss said. “Timely, relevant education and information have always been important for those who earn their livelihoods in the metals supply chain, and they will be even more so in the near future.”
AMSCI’s dinner gala serves as the nonprofit’s most important fundraiser. The event had to be cancelled last year due to the COVID pandemic.
With New Orleans’ vaccination rates surpassing the U.S. average, and with protective protocols in place, the city’s incredible food, music, history and culture are ready for guests to experience and enjoy safely this year. The gala will begin with a pre-dinner cocktail reception at 5 p.m. in the hotel’s open-air atrium, the Piazza D’Italia.
To book a room now and save with discounted hotel rates, visit the AMSCI website at www.amsci.us and look for the 70th Annual Dinner Gala under “Events.”

Tim Triplett
Read more from Tim TriplettLatest in Economy

ISM: Manufacturing growth slows in July, hits 10-month low
US manufacturing activity slowed again in July to a 10-month low

CRU: Pushing EU imports back to 15% would be a big task
Several EU member states have published a ‘non-paper’ that puts forward proposals for a post-safeguard trade measure.

SMU Community Chat: Tariff-induced panic purchases, inflation, and calculating costs
Chief executive of the Institute for Supply Management (ISM), Tom Derry highlighted how reactive buying behavior has shifted the market into a quiet demand period. Derry presented ISM data during the weekly SMU community chat.

Architecture billings still sluggish despite project inquiry uptick
The Architecture Billings Index (ABI), a leading indicator for non-residential construction activity, declined for an eighth straight month in June.

Beige Book: Tariff pressures mount, flat outlook
All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”