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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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Our economic fortunes may hinge on the scientists...Timothy Gill, chief economist for the American Iron and Steel Institute, offered a range of thoughts on the overall economy and the outlook for steel during a webinar with Steel Market Update in mid-August.
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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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The coronavirus has wiped out trade shows and in-person conferences. Flow and Steel Market Update are responding to the new environment with digital alternatives.
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In early April, steel producers and distributors were frantic. The coronavirus had shut down much of the economy, and many companies had no idea where their next order would come from. Since then, much of the panic has subsided.
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Steel Market Update has shifted its annual Steel Summit event to a virtual gathering. The three-day event will continue with the same schedule planned for the in-person conference Aug. 24-26 in Atlanta.
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One of the perils of publishing a monthly magazine is the possibility that what you wrote at deadline will become obsolete by the time anyone reads it.
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Steel prices are as unpredictable as the spread of a rogue virus, but one symptom of COVID-19 is likely to be lower steel prices.
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When Alan Beaulieu finished his keynote remarks at Steel Market Update’s Steel Summit in August, the semi-attentive listener could have come away fully enthused about the state of the industrial economy. Or thoroughly depressed.
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There was a bit of a reprieve in the ongoing trucker shortage in 2019. It won’t last.
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It’s been a little over a decade since former steel salesman John Packard founded Steel Market Update. In that time frame, SMU has become a valuable source of industry pricing information and events.
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Vested Metals, St. Johns County, Fla., has been named one of the fastest growing privately held companies in America. The company is ranked 234th in the 2019 Inc. 5000 List, a leading ranking of independent businesses.
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One of the recurring topics at the recent Steel Summit from Steel Market Update was U.S. Steel Corporation’s recent announcement it would stop offering index-based pricing to its contract customers in 2020.
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One of the recurring topics at the recent Steel Summit from Steel Market Update was U.S. Steel Corporation’s recent announcement it would stop offering index-based pricing to its contract customers in 2020.
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If you are mystified by today’s steel prices, you are not alone.
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Steel Market Update, in conjunction with Steel Manufacturers Association, will celebrate young emerging leaders in the steel and manufacturing industries by honoring a deserving individual with the inaugural SMU NexGen Leadership Award. SMU is currently accepting nominations for the recognition, which will be awarded during SMU’s 2019 Steel Summit Conference, set for Aug. 26-28 in Atlanta.
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Steel Market Update research shows service centers carry some influence when it comes to the direction of steel prices.
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Life is good for the steel industry. The economy is thriving, end markets are growing and business is booming. Despite these positive indicators, steel insiders can’t help but feel a certain amount of uncertainty about the future.
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