Archive for the ‘Industry’ Category

Have you heard about this? AP published April 21, 2014 from Washington:

“President Obama’s administration has sided with American steel producers in an international trade dispute, ruling imported steel reinforcing bar from Mexico and Turkey unfairly undercuts U.S. prices.

Monday’s preliminary decision by the U.S. Department of Commerce means companies in Mexico and Turkey will be subject to immediate duties.

A final determination won’t be made until summer. But within a week the U.S. government will stop distribution at the nation’s borders until a cash bond or deposit is posted.

Steel reinforcing bar is known as steel rebar and is used to reinforce concrete. Steel producers in Mexico and Turkey have denied they’re violating trade laws.

The investigation by Commerce’s International Trade Administration was launched last fall at the request of U.S. steel producers. Companies from Ohio, Oregon, North Carolina, Florida and Texas filed complaints.” – foxnews.com

Notice this news, too from January 2014 regarding US challenging China’s non-compliance in WTO steel dispute:

U.S. Trade Representative Michael Froman announced that the United States is requesting that China enter into consultations regarding China’s claim that it has brought its duties on U.S. exports of grain oriented flat-rolled electrical steel (GOES) into compliance with WTO rules.

GOES is a high-tech, high-value magnetic specialty steel that is used primarily by the power generating industry in transformers, rectifiers, reactors, and large electric machines.” –  ustr.gov

So where does this leave Americans interested or connected in some way to the steel industry?  Will you be affected?  Have you been affected by the US steel industry trade dispute?

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Duggan Drafting Firm Shuts Down

After almost 50 years in business, Chattanooga-based steel drafting company Ted S. Duggan & Sons Inc. closed its doors last week. Don Duggan, the firm’s president, blamed the worst time he had ever seen in the steel fabrication industry.  “We’ve closed because of the rotten economy,” Mr. Duggan said. “This industry there is just nothing out there anymore.” The firm had 16 employees.  Over the past five decades, the firm provided drafting services for projects around the world, including the Omni Hotel in Atlanta, the Opryland Civic Center, the last skyboxes at the University of Tennessee’s Neyland Stadium and a number of other projects that shaped the skylines of such cities as New York, Chicago, Boston and Dallas.

© Amy Williams 2009 All Rights Reserved
Tuesday, May 5, 2009, 12:00 a.m.

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Work ethics require personal choices to be made; will I or will I not stay with a company?  Will I move to this other company that seems to be doing better or will I stay loyal to the company I have been with?  Will I keep my business afloat or go for that comfortable loan?

Each individual should carefully evaluate his/her individual options before making a personal decision. Checking your options (by doing your homework on purchasing a steel building for instance) is a good idea and is always something I recommend doing.  The above goes to show that even after 50 years in business, a company can go out of business and be gone with the economy the way it is.  Ask yourself, had you ever heard of this company before?  Could it happen to you?

S.L.M. 5.5.09 @ 10:24

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There is a demand for German products which stay true to form and close to home. Despite what we hear from China regarding the steel industry, now we hear something from Germany and the steel industry, as one steel plant shows.

“…Beams and uprights being coaxed into form from steel coils, passing through automated metal forming and punching systems before being maneuvered by robot…” read more here.

The plant is impressive, with beams and uprights being coaxed into form from steel coils, passing through automated metal forming and punching systems.


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This work is licensed under a
Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
S.M. 4.1.08 @ 11:07

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