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Home » Topics » Snips News » Steel Reports

Steel Reports
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Stay in the know on the market forces that influence steel prices and availability for duct manufacturers. Here you’ll find market reports, insights from industry experts, and coverage of steel producers around the country.

ARTICLES

steel production

Majestic Steel Releases May 30 Steel Market Report

Steel production is up for the year, with inputs like zinc and coal down significantly owing to less demand from China
Austin Keating
Austin Keating
May 30, 2023
No Comments

Majestic Steel analysts investigate a wide range of economic indicators like coking coal and steel production in their recent market report.


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American Metals Supply

American Metals Supply Sold to MacArthur

Employee-owned MacArthur Company acquires wholesale distributor of sheet and coil steel, prefabricated duct and fittings
May 19, 2023
No Comments

American Metals Supply grew under three generations of family leadership, positioning itself as a prominent player in the HVAC distribution industry.


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Cooling tower

Baltimore Aircoil Company to Showcase Leading Cooling Tower Solutions for the Steel Industry at AISTech 2023

BAC will showcase products that provide maximum uptime in demanding clean and dirty water applications
April 21, 2023
No Comments

At the conference, BAC’s Kevin Deliman will join the AIST Board of Directors, where he looks forward to contributing his strategic insights to the organization.


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steel production

Majestic Steel Releases March 31 Steel Market Report

Manufacturers in the Chicagoland area are recovering, although March still marked the seventh consecutive month of contraction.
Austin Keating
Austin Keating
April 5, 2023
No Comments

Majestic Steel analysts investigate a wide range of economic indicators like coking coal, steel production and the Chicago PMI in their recent market report.


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steel production

Majestic Steel Releases Weekly Steel Market Report

Demand and employment in the steel sector is declining, while production is rising, along with the prices of coking coal and scrap.
Austin Keating
Austin Keating
February 14, 2023
No Comments

Prime scrap prices haven’t increased in February for over 10 years, but this February defied expectation.


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high grade steel

Steeltec AG Mill in Düsseldorf Producing Ultrafine Grained Steel

High-grade steel doesn't require alloying or special treatment thanks to a controlled thermomechanical processing phase.
February 12, 2023
No Comments

Steel produced in this way is noted for improved properties with better dynamic and mechanical characteristics.


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Imperial Group

Imperial Manufacturing Group Acquires Norbel Metal Service

Norbel Metal Service Inc. is now part of Pointe-Claire Steel.
February 9, 2023
No Comments

“The value created by this acquisition, from steel purchases to the expansion of product offering, to toll processing, are motivating for both organizations,” said Omer Babineau, Pointe Claire Steel’s President.


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How the Steel Industry Transformed Over the Pandemic

More than two years following the outbreak of the coronavirus, the steel industry is more vertically integrated than ever. What does that mean for sheet metal?
Austin Keating
Austin Keating
December 14, 2022
No Comments

United States Steel Corp., Cleveland-Cliff, Nucor and more have gone on an acquisition spree in the steel industry.


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Whitehouse Calls on Congress to Impose Railroad Agreement

Congress to move to impose new railroad contracts on unions that rejected it, preventing Dec. strike over lack of paid sick leave.
November 30, 2022
No Comments

The lack of paid sick leave in the contracts is a sticking point for the Transportation Division of the International Association of Sheet Metal, Air, Rail, and Transportation Workers and others.


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Majestic Steel USA Acquires Quicken Steel and Mercury Transport

Majestic Steel USA
July 14, 2022
No Comments

Majestic Steel USA, a leading provider of supply chain solutions and prime flat-rolled steel products across North America, has completed two strategic acquisitions in manufacturing and logistics.


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