August 2005

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Bridging the Plate Gap
Experts see recent weakness in plate as only a temporary gap between the record year of 2004 and a promising 2006.

Second Quarter Report & Outlook
Destocking Continues as Prices Stabilize

Executives of publicly held companies offered insights on current market conditions as they released their second-quarter 2005 results in late July and early August. Service centers are coming out of a major destocking period after their 2004 buying binge, one factor that leads steelmakers to hope for improved order rates in the second half. Includes:

  • Metal Center 2nd Qtr. Earnings
  • Producers See Strength in Stainless
  • Specialty Producers 2nd Qtr. Earnings
  • Flat-Roll Producers 2nd Qtr. Earnings
  • Tubular Producers 2nd Qtr. Earnings
  • 2nd Qtr. Shipments, Selling Prices

Conference Report: Steel Success Strategies XX
Is Steel’s Strong Showing Sustainable?

Leading steel executives ponder pricing, profitability and purpose in the wake of industry restructuring.

Service Center Systems:
A Tale of Two ITs

Russel Metals and Reliance Steel & Aluminum are among the largest service center operations in North America. Though different, their approaches to information technology have contributed mightily to their success.

MCN Case Study: Thompson Steel Co.
Seeing a Future Beyond Strip

How one family-owned service center evolved with the market.

From the Editor's Desk
M&A Activity Heating Up
By Tim Triplett,
Editor-In-Chief

Business Topics
China Repegs Yuan, Allows "Token" Currency Float


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