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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 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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Zero Waste Metal Sheet Manufacturing: Doing More With Less

Hannah.mosk
Hannah Moskowitz
May 22, 2022
No Comments

The concept of "zero waste" is becoming increasingly popular. That's why many industries have created plans to reduce the majority, if not all, of the materials that would otherwise end up in landfills.


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US-UK Steel/Aluminum Agreement Reduces Trade Restrictions

U.S. steel- and aluminum-using manufacturers issue statement in support of the trade agreement, although they call it 'disappointing' for not completely terminating tariffs with a close ally.
March 24, 2022
No Comments

CAMMU says: "The conflict with Russia over its invasion of Ukraine underscores that these “national security” steel and aluminum tariffs on U.S. allies should never have been put in place in the first place."


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INFLATION

Widespread Steep Increases In Materials Costs In November Outrun Prices For Construction Projects

The added squeeze on contractor margins cause association to speak out over 'insufficient' action to lower tariffs and inflation.
December 16, 2021
No Comments

Prices of numerous construction materials soared again in November, outpacing the rate at which contractors raised their bid prices.


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HVAC

How Aluminum Plays a Role in Energy Efficient HVAC Systems

Aluminum is a key player in the U.S. circular economy and can help HVAC become more sustainable.
Ryan Roush
October 10, 2021
No Comments

With a smaller carbon footprint than comparable materials, aluminum has the potential to be the backbone of the circular economy.


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