Steel is one of the most reliable commodities on earth, with its unquestionable durability and strength. Steel structures provide long-term, stable performance. Steel does not expand or contract with moisture exposure, nor does it warp, split, crack or creep. Steel is typically priced by hundredweight (CWT) — the price per 100 pounds of material. In…
Steel Construction Materials: Building Relationships That Build Structures
We offer quality steel materials to create the construction materials your customers want when they need them. Steel for Commercial & Residential Materials There is a shift being seen within the construction industry. Builders are recognizing the value and reliability of steel studs for both commercial and residential projects. Businesses that supply quality construction materials…
Market Update: COVID-19 Impacts Steel Industry
According to recent reports, steel demand has dropped 44% causing a bullwhip effect. Meanwhile, automotive restart is looming. Source: Various 2-minute read As a result of the COVID-19 pandemic and the nationwide lock-down, the demand for steel dropped 44% since early February. Domestically, Workplace and public restrictions are limiting activities in the construction, automotive, and…
Market Snapshot: Steel Imports Down In January 2020
Import permits show a 10% decrease year over year, according to Commerce Department’s SIMA Data Source: AISI 1-minute read According to U.S. Census Bureau data, the U.S. imported 3,135,000 net tons (NT) of steel during January 2020, down 9.9% from January 2019. Finished steel imports for the month stand at 1,633,000 NT, representing a 33.4% decrease…
Secondary Steel: A Primary Concern
Source: Metal Center News Many of today’s service center companies began as secondary steel houses, taking material the mills couldn’t sell as prime and finding another use for it. But that pathway is closing, as the current non-prime steel market is a smaller segment that bears little resemblance to the days of old. There remains,…
Market Snapshot: AISI Releases SIMA Report for December 2019
Import Permits Increase At End of 2019, According to Commerce Department’s SIMA Data Source: AISI 1-minute read According to U.S. Commerce Department data, the U.S. steel import applications for the month of December 2019 totaled 2,308,000 net tons (NT). This is 12.3% more tons than the 2,055,000 recorded in November, as well as 47.8% more than…
Market Snapshot: AISI Releases SIMA Report for November 2019
Import Permits Continue to Decrease, According to Commerce Department’s SIMA Data Source: AISI 1-minute read According to U.S. Commerce Department data, the U.S. steel import applications totaled 1,864,000 net tons (NT) for November 2019. This is 28.1% fewer tons than the 2,594,000 recorded in October. Import data for finished steel in November was 1,201,000, which is…
Happy Thanksgiving From Mainline Metals
1-minute read Having been a family business for over 30 years and adhering to our values of Family and being A Connection That Counts, Mainline Metals continues to support our community and families in need. This year, we’ve continued our partnership with the Philadelphia Managing Director’s Office, and donated various pies to families across the…
Market Snapshot: Census releases SIMA Report for October 2019
U.S. Census Bureau releases its report on steel imports for October 2019 Source: AISI 1-minute read According to U.S. Census Bureau data, the U.S. imported 2,560,000 net tons (NT) of steel in October 2019, of which 1,519,000 NT are finished steel. This represents an increase of 34.6% and a decrease of 0.9%, respectively, compared to September…
Global Associations Continue Fight Against Steel Excess Capacity
Sixteen steel-industry associations release another statement commending global forum’s commitment to working to solve issue of steel excess capacity. Source: AISI 2-minute read Following a statement made by steel-industry organizations last week, sixteen steel-industry associations around the world released a statement praising an agreement by the Global Forum on Steel Excess Capacity (GFSEC) which looks…