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Issue 1, Vol. 3
Q1 2012
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President's Message:
This will be my last message to you as president of ASD. Two and a half years have speedily gone by, and it's time for me to turn the gavel over to a new and very energetic president-elect. One of my proudest achievements as your president has been to usher in ASD's first woman leader: Lisa Goldenberg. I'm sure she will bring new vigor and intelligence to ASD and lead the organization with great pride and to new achievements. READ MORE Are You Ready for the 2012 Enhance your skill sets, collaborate with industry leaders and share ideas with your peers at the 2012 ASD Annual Convention! You will also want to hear this year's featured speakers, including a noted steel analyst who will provide a perspective on the industry today. Bradley A. Sherman, Esq., of Littler Mendelson, will present "Litigation Landmines: Issues that Cause Employment Lawsuits and Big Verdicts." Professional speaker Dave Sherman will talk about how to "Mix, Mingle and Schmooz Like a Pro." Join your ASD colleagues for this yearly event. It will be a fantastic venue filled with top-notch speakers, great networking and plenty of fun for all. Review the agenda for more details. If you have any questions, contact ASD Headquarters at 312.673.5793 or via email at headquarters@steeldistributors.org. Reminder: Be Sure to Pay 2012 Member Dues Don't forget to pay your 2012 dues and update your profile by logging in to the ASD website. Special thanks to those who have already submitted their 2012 dues! In addition, the board of directors has approved an additional membership type for smaller firms. The "Get Acquainted Membership" is a provisional membership that allows small firms under 3 million in volume to join ASD for a maximum of two years at a special rate of $1,000 per year. This membership allows the opportunity to network with and be welcomed by ASD members. After two years, the firm must move to the Regular, Associate, Mill or Allied Membership Category. Members in this special Get Acquainted Membership category do not have voting rights. To see all membership categories, visit the ASD website. Get World Steel Dynamics' Outlook on Thursday, Feb. 23 World Steel Dynamics – Steel Outlook Report Mike Marley joined the crew of Peter Marcus' World Steel Dynamics last December. At this month's ASD Regional Meeting in Philadelphia, Marley plans to cover World Steel Dynamics' outlook that Peter and his staff of economic wizards foresee for the world and U.S. steel markets this year. In addition, he will provide an outlook for the ferrous scrap markets and share observations on the changes that we have seen there in recent years in scrap. Don't miss this event! Register today. Save the Date: 2012 ASD Regional Meetings Mark your calendar for the ASD Regional Meetings. If you have any ideas or suggestions for speakers or meeting topics, please contact the listed meeting chairperson. We look forward to hearing from you! Thursday, May 3, 2012 Wednesday, June 13, 2012 Thursday, Sept. 20, 2012 Wednesday, Dec. 5, 2012 ASD Announces Incoming 2012 Board of Directors The 2012 members of the ASD Board of Directors are as follows: Incoming ASD President Lisa Goldenberg Featured in American Metal Market This year's incoming ASD President Lisa Goldenberg, Delaware Steel Co., was recently featured in the December issue of American Metal Market. She was highlighted as the first female elected as president of the association; she is also the third generation of her family to become ASD president, after her grandfather and father who led the organization in the 1970s. READ MORE ASD Welcomes Its New Members ASD would like to introduce the following new members: Steel Avenue Heritage Steel Superior Steel Supply Madura Steel Sales Inc. Ohio Slitting & Storage, Inc. Steel Canada Recycling LTD. Contribute to Steel Distributor Update ASD's quarterly e-newsletter, Steel Distributor Update, wants to hear from ASD members! Every information-packed issue of Steel Distributor Update is dedicated to keeping members updated on industry news, trends, import/export data, steel indexes and association updates. The newsletter also publishes opinion pieces and letters to the editor from the well-respected industry leaders in ASD's membership. If you have an opinion, share it with others. The association and its Public Relations Committee strongly encourage members to submit editorial content for possible publication. Topics can include your viewpoints on trends in the steel industry, U.S. manufacturing, foreign manufacturing, U.S. employment, the economy and much more. ASD looks forward to your contributions. Please contact Editor Frances Moffett for more information about submitting an article or guest editorial to Steel Distributor Update. Pulse of the Marketplace The Pulse of the Marketplace survey provides high–level insight from industry experts in the steel distribution industry. A select group of ASD members have agreed to respond to each quarter's survey. This will enable ASD to benchmark its results and provide a statistically valid pulse of the marketplace for our industry. The group answered the following questions related to current hot topics in the industry:
In this survey, 45 percent of participants said their inventory has increased since Q4 2011. View the results of the survey. If you have a question that you want ASD to address, e–mail it to Editor Frances Moffett. View the results of last issue's Q3 survey. Mid-West Materials, Inc. Initiates Final Phase of Major Expansion This addition to Mid-West's 240,000-square-foot facility, which includes cut-to-length lines, levelers, slitters and shears, will provide the industry's flattest, memory-free steel up to ¾" thick and 100" wide, from mild to ultra-high-strength. It will allow Mid-West to provide the highest standard in flat, memory-free steel to satisfy increasing demands for extremely high-quality stock required by newer, more sophisticated manufacturing and processing techniques such as robotic laser and plasma cutting. "This investment will enable us to continue meeting customers' demands for higher quality standards, allowing for manufacturing methods that require increased efficiency and precision. It will also permit us to increase sales to market sectors where we aren't actively present," Robbins said. "More importantly, the new technology will allow us, our customers and U.S. manufacturing to remain competitive worldwide, helping us all retain and create new jobs." Attendees included State Senator John Eklund (Senate District 18), Representative Lorraine M. Fende (House District 62), Lake Co. Commissioners Raymond E. Sines and Robert Aufuldish, Perry Township Administrator Walter Siegel and Economic Development Assistant Karen Sundy, as well as management and employees of the family-owned Mid-West Materials, Inc. Production Recovers in December Provided by Credit Suisse Download the Newest
For more information, visit the SteelBenchmarker website. U.S. Will Eliminate Practice of "Zeroing" USTR Ambassador Kirk announced to today in Geneva Switzerland that the United States would eliminate the practice of zeroing in anti-dumping cases, ending a longstanding dispute with U.S. trading partners and also eliminating threatened retaliation against U.S. exports. READ MORE ArcelorMittal Reports 0.9 Percent Higher ArcelorMittal announced results for the three and twelve month periods ended December 31, 2011. For fiscal 2011, net income of $2.3 billion dropped from $2.9 billion while total yearly steel shipments increased 0.9 percent to 85.8 million metric tons, up slightly from 85.0mmt in fiscal 2010. Total sales were up 20.4 percent from the previous year due to 17.7 percent higher steel selling prices and better steel shipments. READ MORE The Howe & Hutton Report
For more information or to access archived issues, visit the Howe & Hutton website. |
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Greetings ASD Members:
You won't want to miss the Steel Man of the Year dinner Saturday, March 24 in honor of Ron Chase, president of Action Steel, the 2011 Steel Man of the Year. 
Question 1: Are your inventory levels up or down from Q4 2011?
