Zekelman Perspective

Welcome to the Zekelman Industries blog of industry info and news about Zekelman products.

Why is the Section 232 Investigation Important to America?

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Why is the Section 232 Investigation Important to America?

 

A Section 232 investigation is being conducted under the authority of the Trade Expansion Act of 1962, as amended. The purpose of the investigation is to determine the effect of imports on the national security.

The Secretary’s report to the President, prepared within 270 days of initiation, focuses on whether the importation of the article in question is in such quantities or under such circumstances as to threaten to impair the national security. The President can concur or not with the Secretary’s recommendations, and take action to “adjust the imports of an article and its derivatives” or other non-trade related actions as deemed necessary.

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Drawing a hard-line – Breaking the cycle of imported pipe & tube

Drawing a hard-line – Breaking the cycle of imported pipe & tube

On April 19th 2017, an investigation into Section 232 was initiated by Secretary of Commerce Wilbur Ross to analyze reports of excess global steel production and capacity – especially outside the United States through foreign government subsidies. With a decline in the U.S. Steel capacity utilization from 77.5% in 2014, to 71% in 2016 and excess capacity in the global steel marketplace, Mr. Ross determined that a study was necessary for further review.

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Choosing a Design-build Partner

When choosing a design-build partner you have to strategically put the pieces of the puzzle together and create a team that can decide on that one single source that can provide products that delivers quality you can trust, a company that has a team of structural and geotechnical engineers that can provide technical expertise to every project, in-house metallurgists and brings value added services to meet your project’s every need.

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U.S. steel consumption and the decrease in demand

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Total Construction Spending Nonresidential FRED St. Louis Fed
Construction Starts

John Ferriola, CEO of steel producer, Nucor Corp., recently said, “growth in American steel demand won’t be enough to reverse U.S. steelmakers’ misery until regulators do a better job of halting imports of the metal that domestic producers say are unfairly traded.”

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August ABI Shows Slight Decrease in Design Services

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According to a press release from the American Institute of Architects (AIA), the Architecture Billings Index (ABI) for August showed a slowing in design services. The 49.1 score illustrated a decline after three consecutive months of positive scores (scores above 50). July’s ABI score was 54.7.

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