Auto demand for SBQ strong: Gerdau exec
Jan 23, 2013 | 11:56 AM
| Corinna Petry
Tags
Gerdau Special Steel North America,
Jack Finlayson,
special bar quality steel,
SBQ,
steel demand,
automotive,
U.S. manufacturing,
SBQ lead times
Corinna Petry
CHICAGO — While some suppliers of special bar quality (SBQ) steel products say they’re seeing tepid demand from several end-use sectors, Gerdau Special Steel North America is experiencing strong business, according to its top executive.
"All three of our mills are booked to near capacity," president Jack Finlayson told AMM in an e-mail. "We are seeing robust demand from the markets that we serve, which are heavily weighted in transportation equipment, such as passenger cars, light trucks and commercial vehicles."
The automotive sector has been a notable exception in an overall environment of lukewarm demand, several suppliers have said (amm.com, Jan. 14). But the automotive industry’s comeback reflects the return of U.S. manufacturing in general, Finlayson said.....
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