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Hot Rolled Bar, Rod & Wire SteelYour search for hot rolled bar, rod & wire steel suppliers returned no matching companies. Please refine your criteria or start a new search.
With the cost of construction and demand for commercial space both steadily on the rise, developers face an interesting paradox: how to get structures up in a hurry without breaking the bank. Fortunately, prefabricated steel buildings present an ideal solution along both fronts. From their elite durability to handle all types of conditions to their surprising versatility that accommodates wood shingles and other types of cladding for strong exterior aesthetics, steel buildings represent a universal solution to modern construction challenges. Keep reading for a detailed breakdown on 7 premier benefits of steel structures.
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As manufacturing companies scramble to adapt to an upheaval in global supply chains due to the pandemic, many manufacturers are also facing shortages of needed supplies. A steel shortage is currently hitting the market, wreaking havoc on domestic supply chains. As a result, prices for steel have hit a 13-year high, while unfilled orders for steel in the fourth quarter of 2020 were at their lowest level in five years. So what's a manufacturer to do? This article will provide some key resources and advice for zeroing in on a steel supplier in the U.S.
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The U.S. manufacturing industry continues to shine amid favorable growth forecasts. U.S. steel production keeps climbing, and current demand is through the roof. MNI's latest data on U.S. steel coincide with these statistics as the industry anticipates further growth.
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2018 was a big year for manufacturing (you might even say it was "yuge"). As early as January, manufacturing firms were scrambling to sort through the newly-passed tax reform, and shortly thereafter the USTR announced its first tariffs on solar panels and washing machines (remember when it was just solar panels and washing machines?) Manufacturing in the U.S. continued to expand at a hectic pace, with new orders, production, and employment posting robust gains.
Raw material costs began to skyrocket as tariff action between China and the U.S. intensified and the threat of a trade war loomed. The trade gap widened and imports surged as companies rushed to procure supplies from China in advance of the 25% tariffs set to go into effect January 1st, 2019 (these were since delayed until Marc...(Full Article)
The U.S. Department of Labor Bureau of Labor and Statistics indicates that nationwide, hot-rolled steel production increased approximately 10 percent over last year. Its total economic impact is even more impressive. It accounts for more than $520 billion in economic output and nearly two million jobs, factoring in the direct (the product itself and its workers) and the indirect (products made from hot-rolled steel and ancillary jobs supported by the industry) impacts.
It's hardly surprising, considering that so many other industries and products depend on hot-rolled steel. Skyscrapers use hot-rolled steel I-beams for structural support. Stores rely on it for heavy-duty shelving and racks. Roadways use steel guardrails to prevent accidents. Every mile of railroad track depends on hot-ro...(Full Article)
On March 1, 2018, President Donald Trump announced that his administration planned to enact a 25 percent tariff on imported steel. On June 1, 2018, that tariff went into effect on steel from the European Union, Canada and Mexico. Ripples are spreading throughout the economy.
Reactions within the U.S. have varied more along regional lines than ideological ones, with optimism running high in steel-producing states. Steel manufacturers are anticipating increased prices and higher profits. On Wall Street, steel stocks jumped. U.S. manufacturers are expected to decrease purchases of foreign steel in favor of domestic products, adding further to U.S. steel companies' bottom lines.
Steel is a vital component for many industries. It comprises up to 65 percent of the weight of a car. Steel is...(Full Article)
The Trump administration's recent authorization of tariffs on steel and aluminum has produced mixed reactions in U.S. industries. Manufacturers of these metals regard the action as defending their businesses against dumping by foreign competitors. Heidi Brock, president and CEO of the Aluminum Association, praised the decision. She issued a statement declaring: "We look forward to working with the president on implementation and to creating a more level playing field."
The American Iron and Steel Institute (AISI) explained its support for the action. Thomas Gibson, president and CEO of AISI, claimed, "About one-fourth of domestic steel capacity today is not being utilized. This is being fueled by the massive excess steel capacity in the world today, which is more than eight times larger...(Full Article)
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