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Magazine Issue: August 2015


Cover Story

The right stuff
Just over a year and a half into his tenure as president of the Steel Manufacturers Association, Phil Bell is not only hitting on all cylinders as he advances the cause of “21st century steelmakers,” but having fun doing it.

Columns

  • Reviewing highlights of Steel Success Strategies XXX

    As a keynote speaker, Lourenco Goncalves, chairman, president and CEO, Cliffs Natural Resources Inc., was a great success, advocating for his point of view and entertaining the audience with style and a sense of humor.

THE METRIC SYSTEM

  • Big companies still dominate service center markets

    This summer marks the fifth consecutive year that AMM has surveyed service centers and ranked them by annual revenue. Beyond the straightforward dollars reporting, what do the practices and subsequent fates of distributors tell us?

END-USER SPOTLIGHT

  • Trends looking strong to OEMs for 2015 and beyond

    The near-term and long-term future for appliance manufacturers looks strong and growing, thanks to an improving housing market, a gently humming economic recovery and natural life-cycle rates for durable goods. So far, 2015 has been a solid year.

MANAGEMENT CORNER

  • Enterprise risk management a key to business success

    Enterprise Risk Management (ERM) is an organization’s enterprise risk competence—the ability to understand, control and articulate the nature and level of risks taken in pursuit of business strategies—coupled with accountability for risks taken and activities engaged in, which contributes to increased confidence shown by stakeholders.

MARKET SPOTLIGHT

  • Imports lead market concerns, futures may help out

    One variable in the future of stainless steel demand and pricing is the issue of imports. Spartanburg, S.C.-based Synalloy Corp. is considering filing a trade case against U.S. stainless pipe imports from India and possibly South Korea.

MARKET SPOTLIGHT

  • Producers showing mixed results this year, still upbeat

    Despite the mixed results of the first part of the year, mills and service centers alike appear more upbeat about the U.S. stainless steel market than they have been in a long time, with flat-rolled and long product suppliers pointing to rising nickel prices as the major source of this increased optimism.

MARKET SPOTLIGHT

From the Editor

FROM THE EDITOR

  • Revenues up but some challenges still remain

    AMM’s annual survey of service center revenues and business planning shows that although revenues are up slightly this year over last—just as 2014 was over 2013—the more significant growth rates seen in 2010 and 2011 as metals emerged from the Great Recession do not appear likely to be repeated in the near term.

Features

WELL CENTERED

  • Shaping the future

    Clearly, strong diversification—an approach practiced by the biggest companies—is contributing something substantial to the bottom line, as the bigger distributors recognize and are able to implement through today’s challenging markets and tomorrow’s growth.

SERVICE WORK

  • Distributors are on a roll

    The metals service center market is mature and competitive. That means service centers need to transform themselves to be sure they meet their customers’ metals needs.

AT YOUR SERVICE

  • Computing the odds

    Metals service centers use new technologies for added efficiency, and new software and IT tasks tailored specifically to distributors have created the availability to manage those operations in an entirely new way.

TOP SERVICE CENTERS

2015 Winner

  • Winning edge

    This year AMM presented 15 awards recognizing accomplishments rooted in technology, customer service, production, financial services, logistics and other practices as part of our annual Awards for Steel Excellence, given to those whose efforts stood apart from their peers.

2015 WINNER

2015 WINNER

2015 Winner

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

2015 WINNER

SPECIAL SECTION: AUTOMOTIVE

  • Road warriors

    After years of concentrating on engine technology to improve fuel efficiency, the global automotive industry is making a major shift to the vehicle body, and recent announcements and projects have shown metals producrs where those tech commitments are heading.

SPECIAL SECTION: AUTOMOTIVE

  • Forward gear

    Following on the heels of 2014—which was the best year for automotive sales since the bottom fell out of the market during the Great Recession—this year is off to a great start, even running ahead of last year’s levels as domestic automotive end-users still boost metals.

SPECIAL SECTION: STEEL TUBE & PIPE

  • Field of dreams

    A stellar market for steel just a year ago, the OCTG sector in particular is now characterized by spiraling inventories, concerns that a recovery could be years away and fears that its appetite for steel may not rebound to levels seen during the heydays of the recent boom.

SPECIAL SECTION: STEEL TUBE & PIPE

  • Taking measure

    The increasing complexity of accessing available hydrocarbon reserves to meet the world’s growing energy need is driving development of more advanced solutions. Improving efficiency also requires cutting-edge technologies. A number of firms have been helping steelmakers meet those needs.