See Summit Steel at Shot Show in Las Vegas See Summit Steel at Shot Show in Las Vegas at Booth #51804. We'll be at the Supplier Showcase on Monday and Tuesday, January 17 and 18, at the Sands Convention Center. US Raw Steel Production Down from Previous Week In the week ending January 1, 2022, [...]
Reflecting on 2021 Reflecting on 2021, first, Happy New Year and I hope you all had a blessed Christmas holiday! We continue to deal with covid and though the hysteria is politically motivated, the reality is that this virus is not going anywhere, it has become endemic, like the flu or the common cold. We [...]
In Hoc Anno Domini In this year of the Lord When Saul of Tarsus set out on his journey to Damascus the whole of the known world lay in bondage. There was one state, and it was Rome. There was one master for it all, and he was Tiberius Caesar. Everywhere there was civil order, [...]
THE DESOLATE WILDERNESS Here beginneth the chronicle of those memorable circumstances of the year 1620 as recorded by Nathaniel Morton, keeper of the records of Plymouth Colony, based on the account of William Bradford, sometime governor thereof: So they left that goodly and pleasant city of Leyden, which had been their resting place for above [...]
US Drops Tariffs on Steel and Aluminum Imports US drops tariffs on steel and aluminum imports, according to a US Department of Commerce announcement on October 31. It will drop tariffs on steel and aluminum imported from the E.U. and replace them with a quota system to allow for some duty-free tax imports. In exchange, [...]
New Home Sales Jumped 14% New home sales jumped 14% to an 800k-unit pace in September, the strongest since March. The median selling price was up 18.7% over the year, a more moderate increase compared to the 23.3% realized in the prior month. Wells Fargo US Raw Steel Production Down from Previous Week In the [...]
US LEI Rose Again in September The US LEI rose again in September, though at a slower rate, suggesting the economy remains on a more moderate growth trajectory compared to the first half of the year,” said Ataman Ozyildirim, Senior Director of Economic Research at the Conference Board. The Conference Board Leading Economic Index (LEI) [...]
The Annual Inflation Rate Climbed to a 13-Year High The annual inflation rate climbed to a 13-year high of 5.4 percent in September, higher than the estimate, according to the Bureau of Labor Statistics (BLS). Everything is costing more of your hard-earned money. I do not believe it will abate any time soon, hopefully it [...]
US Drill Rigs Running Up 262 from One Year Ago US drill rigs running up 262 from one year ago, increased by 7 from the previous week, for a total of 528 drill rigs running in the US last week. Canadian drillers added three rigs to 165, up 90 rigs from 1 year ago. US [...]
Small Business Confidence Rose 0.4 Points Small business confidence rose 0.4 points in August as five of the ten components of the National Federation of Independent Business (NFIB) Optimism Index improved during the month. Empire State Manufacturing Grew at a Swift Pace September 2021 The Federal Reserve Bank of New York released its Empire State [...]
