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High Power Lasers Change the Profiling Game Over the past decade, the laser-cutting market has grown more than 10% annually, outpacing all other profile-cutting processes. Much of this is due to the rapid increase in laser power, which has more than tripled from 15 to 50 Kw in just the past few years. Greater laser […]

After bottoming in the upper $600’s per ton in late September of last year, the Hot Roll Coil (HRC) market experienced a significant climb as it hit $1,100 /ton by mid-December. Since then, mills have extended lead-times to 6-8 weeks and kept prices near that $1,100 mark through January, a result of their effective supply

Prices Off Bottom After weeks of declining prices, the HRC (Hot Roll Coil) price is on the rise despite the UAW strike entering its fourth week of contention. Daily indices were sporting $650/ton before rebounding this week to $700/ton following a mill price increase from Cliffs for new orders. Lagging weekly and monthly indices continue

Optimizing Risk Control in the Steel Market In recent months, the US Hot Roll Coil (HRC) market has exhibited remarkable volatility, and all indications suggest this trend is likely to persist. We’ve witnessed a historic correction, with HRC pricing plummeting from $1,200 per ton last Spring to under $770 per ton today—a staggering 42% decrease

Has the Steel Market Stablized? The current Hot Roll Coil market price has stabilized after a struggle between reluctant buyers and mill price increase announcements trying to put a floor under the previously sliding price. Major indices show the hot roll market around $880/ton. Mill lead times are generally 4-5 weeks, into the August order

Consolidation in the truck dock leveler industry left underutilized beveling equipment in its wake. Before independent companies were consolidated, the legacy production method was to thermally cut discrete plate and machine a bevel into the leading edge of the lip plates. Each company had its own beveling equipment. The inflexibility of stock-sized discrete plate led

Are Global Factors Influencing the US Domestic Steel Market? Industrialized nations across the globe, including Brazil, India, the EU, Japan, China, and North America, find themselves grappling with the persistent effects of inflation. Despite the notable progress in supply chains following the Covid-19 pandemic, such as increased access to semiconductor chips, economies are still facing

Semi-trucks and trailers have many types of flanges, including those used in the braking system, axles, intake manifolds, and exhaust. But when it comes to drop deck, dump, flatbed, and other types of trailers, flanges are defined as the fabricated metal beams that run lengthwise from one end of the unit to the other. Without

Is the Steel Market Changing? The Hot Roll market price in the US has declined in the last few weeks but has not collapsed. Steady demand coupled with capacity restrictions from the remaining mill maintenance outages are holding mill lead times close to 8 weeks for new orders. The June order book has closed at

All signs point to the steel market having peaked with many participants expecting prices to moderate going forward. After weeks of ever-increasing prices, the major US indices essentially rolled over last week. Supporting this sentiment of peaking, the CME Hot Roll futures for May were at $1,195 on 11 April and show prices declining throughout