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Talks about the next major coronavirus relief package stalled in Congress in mid-August, and remained on hold until this month.
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The Year 2020 is not likely to go down as anyone’s most favorite, and the service center sector members are absolutely no exception. But for one fortunate executive, we’ll at least allow these 12 months to close on a high note.
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Attracting and retaining talent in the workforce is challenging in any industry, and the metals industry is no exception. At the Steel Market Update virtual conference last week, two presenters gave their perspectives on retaining talent and attracting the next generation of employees.
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Survey results released last week predict aluminum is expected to grow to content levels of 514 pounds per vehicle by 2026, up 12 percent from 2020 levels. Commissioned in October 2019, the survey was conducted by DuckerFrontier.
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The metals industry celebrated the Entry in Force of the United States-Mexico-Canada trade agreement in July, ushering in a new period of peaceful coexistence of the metals communities in the continent’s three largest economies.
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Metalforming and tooling companies took advantage of the government’s PPP loans at the start of the pandemic, and hope more become available as the industrial economy world continues to navigate its effects.
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Over the past two years, a number of companies have entered the metals distribution space, developing online platforms to make steel and other metal transactions easier. MCN has introduced many of these companies to the distribution sector in the pages of the monthly magazine.
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While the nation's economy is nowhere close to "all systems go" status, the arrival of June brought a noticeable uptick in activity.
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The metals industry celebrated the Entry in Force of the United States-Mexico-Canada trade agreement this week. For the North American aluminum industry, the rejoicing was short-lived.
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The coronavirus pandemic has had a devastating effect on the global economy, and the steel industry has hardly been spared. That was the general theme of the CRU Annual New York Steel Briefing webinar held June 23.
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