A glimpse of which 2012 North American steel industry developments will have the greatest impact in the market. More…
Monthly Archives: January 2012
2011 Recap Reply
Highlights of 2011 for global steel industry
Slow start to the New Year Reply
Global economic conditions seem to be plunging along with temperatures for much of the developed world. 2011 was a difficult year and will be remembered forever as the year of the sovereign debt crisis; the never ending Eurozone debacle came into sharp focus and so did the increasing US debt burden and the country’s astonishing inability to take decisive measures to deal with it. More…
Keeping the Balance Reply
Jonathan Tulkoff, President of trading and marketing firm Uniwire International, Ltd., discusses the current situation and future prospects for the import/domestic dynamic in the US wire rod market. More…
A (not so) trivial pursuit Reply
Merger and acquisition activity is rarely very exciting—larger companies snapping up smaller companies or competitors to expand their reach or negotiations between two companies during times of financial trouble is nothing new, especially in the steel industry. More…
2012: Another year of transition or long-awaited turnaround? Reply
This certainly has been a difficult year for most industries and the steel sector is no exception. The first half of 2011 seemed to prove you right and I was about to eat my words, but the second half of the year unfortunately proved me right. I must admit that sometimes I hate to be right, but so be it. The economies in the US and in Europe positively buckled under the debt load and a lot of other economies have either stalled or are on the verge of doing so. More…
What is waiting for us in 2012? Reply
It happens every January (or for the past couple Januarys, at least)—not long after the New Year’s champagne is finished off and the confetti is swept away, members of the steel industry start to wonder if this year will finally be it. In early 2010, the prevalent hope was that things wouldn’t get any worse. In early 2011, the main concern was avoiding a possible “double-dip” while maintaining a trend of slow but steady growth. And now, at the dawn of 2012, the question on everyone’s mind is “Will this be the year the market finally gets its groove back?”
