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	<title>Rolled Steel Products</title>
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	<link>http://www.rolledsteel.com</link>
	<description>Precision Sheet and Strip</description>
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		<title>The Lowdown Behind 430 Stainless Steel</title>
		<link>http://www.rolledsteel.com/lowdown-behind-430-stainless-steel/</link>
		<comments>http://www.rolledsteel.com/lowdown-behind-430-stainless-steel/#comments</comments>
		<pubDate>Fri, 30 Mar 2012 11:32:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[430 stainless steel]]></category>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1117</guid>
		<description><![CDATA[If you live in California, steel is one of the key products the state is well known for. According to statistics, close to 69% of this metal is recycled annually. This is more than the paper, plastic, aluminum, and glass combined. The first known commercial application of steel was in 1883 when skyscrapers were just [...]]]></description>
			<content:encoded><![CDATA[<p>If you live in California, steel is one of the key products the state is well known for. According to statistics, close to 69% of this metal is recycled annually. This is more than the paper, plastic, aluminum, and glass combined. The first known commercial application of steel was in 1883 when skyscrapers were just starting to go up. While its uses are exhaustive and extensive, the practice of recycling is strictly adhered to in order to reduce its environmental impact.</p>
<p>Steel is an alloy, made up of mostly iron but with a carbon content of 0.2% to 2.1% by weight. Though carbon is a common component in its production, there are other alloy materials such as tungsten, chromium, and manganese to be found. The proportions and forms, in which these different elements are used, affect the outcome of the <a href="/">steel </a>produced. Increasing the carbon content, for instance, will result in a product that offers increased strength. This is extremely important when making steel for different purposes. A beverage can&#39;s requirements will be different from what is needed to make railway tracks.</p>
<p>Steel is assessed based on a number of properties. These include tensile strength, ductility, malleability, durability, conductivity, luster, and rust resistance.</p>
<p>Now if you think there is just one type, you are wrong. There are actually different grades of the product. There is mild steel that is a type of carbon steel. <a href="/product-line/stainless-steel/">430 stainless steel</a> and 304 are the two others most commonly used. While they both have their similarities, they also have enough differences that keep them unique.</p>
<p>When it comes to features, here is where they differ. In terms of 430 steel, the metal has magnetic properties, while 304 steel does not have any. Also, 430 is a less expensive grade and can be somewhat difficult to form and weld. Type 304, on the other hand, is easier to create and form shapes with.</p>
<p>In the realm of applications, 430 are preferred in the production of automotive trim, the insides of clothes dryers, and dishwashers. Manufacturers use 304 steel for creating kitchen sinks, countertops, food processing equipment, and other items regularly exposed to corrosive environments.</p>
<p>Regarding the composition, 430 stainless steel is made up of 17% chromium and 0.12% carbon. 304 stainless steel contains 18% chromium and 0.08% carbon.</p>
<p>California steel has been used in most anything, from manufacturing agricultural implements to building bridges. Other things you come across include railway tracks, cars, engines, and airplanes. In fact, you will be hard pressed to find something that doesn&#39;t contain an element of this highly versatile metal. Its unique properties allow it to be used in a variety of ways that make it indispensable to everyday living. Over the years, production has increased to its current levels of close to 1300 million tons a year. Whether it&#39;s a fruit knife, an electric razor, a hair pin, or an entire building, there is a little bit of this marvelous metal in everything.</p>
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		<title>430 Stainless Steel and California Steel: Some of the Most Sought-After Substances on Earth</title>
		<link>http://www.rolledsteel.com/430-stainless-steel-and-california-steel/</link>
		<comments>http://www.rolledsteel.com/430-stainless-steel-and-california-steel/#comments</comments>
		<pubDate>Tue, 20 Mar 2012 11:36:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1120</guid>
		<description><![CDATA[Steel is, without a doubt, one of the most essential and most significant substances humans have ever worked with. It has fueled the growth of civilizations, spurred the rise of economies, and is a vital part of every individual&#39;s life. For many homes, like in California, steel framing provides better strength and durability. Houses with [...]]]></description>
			<content:encoded><![CDATA[<p><a href="/">Steel</a> is, without a doubt, one of the most essential and most significant substances humans have ever worked with. It has fueled the growth of civilizations, spurred the rise of economies, and is a vital part of every individual&#39;s life. For many homes, like in California, steel framing provides better strength and durability. Houses with metal frames are also expected to stand for generations unlike those made with wood.</p>
<p>	This substance can be found everywhere even if the average person may not notice &#8211; in office buildings, in homes, public parks, and grocery stores; in all probability this can even be one of the first things a person can interact with when he or she wakes up in the morning. This just goes to show how popular and useful this substance is. &nbsp;</p>
<p>	A Special Kind of Metal</p>
<p>	There are many different types of metal alloy used for different purposes; however, one type is especially popular. This is 430 stainless steel, a type of metal alloy usually found in homes. It is also the most commonly used than any other type of steel. This kind is non-heat treatable, is ductile, has good formability, and is easily formed by processes such as bending, drawing, pressing, and heading. These properties, along with its ability to have a bright attractive finish, are the reasons why this substance is a sought after material for products like automotive trims, decorative household appliances, and interior architectural finishing.</p>
<p>	Steel and Today&#39;s Economy</p>
<p>	The popularity of <a href="/product-line/stainless-steel/">430 stainless steel</a> is only one indicator of how much this material, or more accurately, substances like California steel, is a very popular product around the world. Even with the world&#39;s economies still reeling from the recent economic recession, the demand for this material is still very high and isn&#39;t seen to slow down. The demand slowed down a little during the economic recession, but picked up again within a few years. Many economists and industry experts attribute this to countries like China, India, and other rising economies with growing demand for steel. Those looking for a reliable supplier of this type of prized material need not look any further: we have the quality products you need.<br />
	&nbsp;</p>
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		<title>California Steel Industries at Your Service</title>
		<link>http://www.rolledsteel.com/california-steel-industries-at-your-service/</link>
		<comments>http://www.rolledsteel.com/california-steel-industries-at-your-service/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 11:25:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1111</guid>
		<description><![CDATA[&#160;
Steel is one of the most common construction materials. It has several types and each has specific properties. Choosing the right type of steel is very important. This is why you need proper knowledge or consult a professional to get the most appropriate materials.
The California steel industry helps small and big businesses with infrastructure facilities [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<p>Steel is one of the most common construction materials. It has several types and each has specific properties. Choosing the right type of steel is very important. This is why you need proper knowledge or consult a professional to get the most appropriate materials.</p>
<p>The <a href="http://www.rolledsteel.com/">California steel</a> industry helps small and big businesses with infrastructure facilities construction. If you want excellent steel construction services, there are companies providing prefabricated metal building materials throughout United States including Arizona, Texas, and California. They can also help you find the right tools for your projects.</p>
<p><a href="http://www.rolledsteel.com/product-line/stainless-steel/">Steel types</a> have differing properties and composition. This is why you need to know which metal is best for your project. A slight difference in hardness and texture can easily affect the appearance and function of a particular construction.</p>
<p>So what is stainless steel?</p>
<p>Stainless steel is an iron-based metal. It contains 10 percent chromium and alloy metals. This metal does not stain, rust, nor corrode as easily as ordinary steel. They also differ from carbon steel when it comes to the amount of chromium present. Unprotected carbon rusts easily when exposed to air or moisture. The iron oxide film or rust can accelerate corrosion by forming more iron oxide.</p>
<p>Stainless steel contains enough chromium to form a passive film of chromium oxide. This prevents corrosion and blocks iron oxide from spreading into the metal&rsquo;s surface.</p>
<p>Now what is type 430 stainless steel?</p>
<p>This type of steel is a low carbon, &quot;ferretic&quot; stainless metal. Specialists consider it as pure iron for having ferromagnetic properties. These properties and mechanism of substances enable it to become a permanent magnet. This type can also resist corrosion and oxidation.</p>
<p>Type 430 stainless steel is also flexible. You can easily put in under a machine compared to other types. This is the why it is the most preferred material for construction projects.&nbsp;</p>
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		<title>430 Stainless Steel: Tough Enough to Withstand the Test of Time</title>
		<link>http://www.rolledsteel.com/sturdy-430-stainless-steel/</link>
		<comments>http://www.rolledsteel.com/sturdy-430-stainless-steel/#comments</comments>
		<pubDate>Tue, 13 Mar 2012 11:20:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1106</guid>
		<description><![CDATA[Look around you and you will find steel. It is one of the world&#39;s most widely used metals. Without it, the industrial revolution would have never happened. This is why it is a material that continues to be of great importance. While people tend to gloss over its significance, it continues to withstand the test [...]]]></description>
			<content:encoded><![CDATA[<p>Look around you and you will find steel. It is one of the world&#39;s most widely used metals. Without it, the industrial revolution would have never happened. This is why it is a material that continues to be of great importance. While people tend to gloss over its significance, it continues to withstand the test of time and will remain important for future generations to come.</p>
<p>In states like New York and California, steel is used in many different ways. You will find it used primarily for industrial purposes. Walk down the streets of every modern metropolis and you will find this metal all around you. The reason New York got its nickname &quot;The Empire State&quot; was because of the number of buildings going up during the early beginnings of the 20th century. <a href="http://www.rolledsteel.com/">Great steel</a> girders were being hoisted into the air to create the impressive skyline Manhattan is well known for.</p>
<p>There was not much experimentation with steel in its early forms; however, the early 1800s brought a period of great change. A new variant of steel was discovered. This came to be known as stainless steel. As with any new form, prototypes did not turn out too well. They were brittle for everyday use. It was only in the 1900s that the steel we know today was perfected.</p>
<p>Two gentlemen were credited for its perfection, Elwood Haynes and Harry Brearley. American stainless steel production began in Pennsylvania in 1913. In the western United States, specifically California, steel production was also starting to get its bearings.</p>
<p>Today, you will find steel in various forms. <a href="http://www.rolledsteel.com/product-line/stainless-steel/">430 stainless steel</a> is the one most commonly used. It is of the ferrite class and contains between 10.5-25% chromium. There is also a minimal amount of nickel to be found. For these reasons, it is an excellent steel variant that can be used in many different fields.</p>
<p>In case you are wondering what products and appliances use 430 stainless steel, just take a look at your car. Most automotive trims and molding are made from this. Simple, everyday objects like zippers and fasteners are also formed from this material. Another place to find this steel is inside a modern, professional kitchen. Because commercial cooking adheres to strict standards, fixtures and appliances are usually made from this highly versatile metal.</p>
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		<title>The Place of 430 Stainless Steel in Society</title>
		<link>http://www.rolledsteel.com/430-stainless-steel/</link>
		<comments>http://www.rolledsteel.com/430-stainless-steel/#comments</comments>
		<pubDate>Sat, 10 Mar 2012 12:18:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[430 stainless steel]]></category>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1103</guid>
		<description><![CDATA[Steel is one of the most popularly used substances on the planet. It is one of the industrial foundations upon which modern society is built. People have been making tools and devices to help make their lives easier ever since man first discovered metals like bronze, copper, and iron. It was steel that ushered mankind [...]]]></description>
			<content:encoded><![CDATA[<p>Steel is one of the most popularly used substances on the planet. It is one of the industrial foundations upon which modern society is built. People have been making tools and devices to help make their lives easier ever since man first discovered metals like bronze, copper, and iron. It was steel that ushered mankind into the Industrial Age and urbanization. The discovery and different applications of steel in various industries helped bring about the Industrial Revolution, which took place from the 18th to 19 th century. The invention of things such as steam engines, railways, machine tools, and the like could not have been possible if not for steel. Today, steel is very much an important part of the different industries in the world, as sales of items like <a href="http://www.rolledsteel.com/">California steel products</a> continue to rise. &nbsp;</p>
<p>What is Steel?</p>
<p>Steel is a metal alloy that contains iron and a small amount of carbon or other different elements such as manganese, vanadium, and tungsten. The different combinations of raw materials used in steel production, as well as the various processes used to make them, gives us the many different types of steel. For instance, <a href="/product-line/stainless-steel/">430 stainless steel</a> is composed of iron, carbon, chromium, manganese, nickel, silicon, sulfur and phosphorus. Meanwhile, 440C stainless steel is composed of just carbon, chromium, and iron.</p>
<p>Steel Forming Processes</p>
<p>With this in mind, the processes of making the different types of California steel products also differ. When a steel alloy is created, it can be worked into various kinds of steel products. Steel alloy can be formed into their desired shape by metalworking processes like cold rolling and hot rolling. Cold rolling is when a piece of the raw metal stock is passed through a pair of rolls. This can produce different-shaped steel products such as steel plates or bars, depending on the rolls used.<br />
	Hot rolling relies on the same concept of passing metal stock through rollers. The difference between hot and cold rolling is in the metal stock&rsquo;s temperature as it is put through the rolls. When the metal stock is rolled below its recrystallization temperature, the process is called cold rolling and the resulting products are called cold-rolled steel. On the other hand when the metal stock&rsquo;s temperature is above its recrystallization point as it goes through the rollers, the process is called hot rolling and the finished product is called hot-rolled steel.</p>
<p>Modern Steel</p>
<p>Today, products like 430 stainless steel and cold-rolled California steel products are some of the most sought after materials in the various fields of industry throughout the world. According to the World Steel Association, in 2010 alone the countries of the world combined to produce 1,413.6 million metric tons of steel. China is the biggest steel producer the world, accounting for 44.3 percent. The economic recessions of the last couple of years didn&rsquo;t even make a dent in the steel industry. Production slowed from 2008-2009, but picked up again going into 2010. With emerging countries like China seeking steel to further improve its economic growth, the steel industry has a bright future ahead of it.</p>
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		<title>430 Stainless Steel: The Steel of Choice in Homes and Industries</title>
		<link>http://www.rolledsteel.com/430-stainless-steel-the-steel-of-choice-in-homes/</link>
		<comments>http://www.rolledsteel.com/430-stainless-steel-the-steel-of-choice-in-homes/#comments</comments>
		<pubDate>Mon, 05 Mar 2012 12:00:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=1098</guid>
		<description><![CDATA[Steel is the one of the most widely used metals in the world. It played an integral part in the industrial revolution and continues to be of great importance to our world today. Many people overlook the material and regard it as purely a commodity. Most do not realize its dated history and importance to [...]]]></description>
			<content:encoded><![CDATA[<p>Steel is the one of the most widely used metals in the world. It played an integral part in the industrial revolution and continues to be of great importance to our world today. Many people overlook the material and regard it as purely a commodity. Most do not realize its dated history and importance to our society.</p>
<p>In highly urbanized areas from New York to California, <a href="http://www.rolledsteel.com/">steel</a> is an important material that is used in different ways. For the most part, it is used for industrial purposes. Take a walk down the streets of any modern metropolis and you will come to learn just how important the material is. If you don&#39;t already know, steel is the metal used as the foundation for most buildings.</p>
<p>The metal served this purpose from the time of its discovery until the early 1800s. It was during this century that experimentation with a new variant started. This was known as stainless steel. The first few prototypes didn&#39;t turn out very well. They were too brittle for practical use. Experiments with the material continued throughout the century, but the steel we know today didn&#39;t come until the early 1900s.</p>
<p>Elwood Haynes and Harry Brearley are the two people credited for the discovery of the product we use. The production of American stainless steel began in Pennsylvania in 1913.In the west coast, specifically California, steel production was also starting to pick up.</p>
<p>The product comes in many different forms, but one of the most common is <a href="http://www.rolledsteel.com/product-line/stainless-steel/">430 stainless steel</a>. It is a variant that belongs to the ferritic class and usually contains between 10.5-25% chromium and little to no nickel. This makes it ideal for use in many different fields.</p>
<p>Some of the more common products and appliances made with 430 stainless steel include automotive trims and molding and interior architectural trim and paneling. It is also used for simple things like zippers and fasteners. In addition, it is also widely recognized for its application in kitchen trim and equipment. If you&#39;ve ever stepped foot in a modern, industrial kitchen; chances are that most of the fixtures and appliances you see are made of this type of stainless steel. It is really one of the most versatile kinds in the world.</p>
<p>&nbsp;</p>
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		<title>Something to Mill Over</title>
		<link>http://www.rolledsteel.com/something-to-mill-over/</link>
		<comments>http://www.rolledsteel.com/something-to-mill-over/#comments</comments>
		<pubDate>Thu, 01 Mar 2012 14:00:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.rolledsteel.com/?p=935</guid>
		<description><![CDATA[Rolled Steel Products is equipped with an on-site Cold Reduction Mill capable of delivering strips of steel with tolerances of +/- .0005, the closest tolerance in the industry. With our Cold Reduction Mill, our highly skilled operators are able to closely monitor the entire milling process from raw steel to finish strip. This allows for [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.rolledsteel.com/wp-content/uploads/2012/02/4.jpg"><img alt="4 300x214 Something to Mill Over" class="alignleft size-medium wp-image-940" height="214" src="http://www.rolledsteel.com/wp-content/uploads/2012/02/4-300x214.jpg" title="4" width="300" /></a><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong>Rolled Steel Products</strong> is equipped with an on-site Cold Reduction Mill capable of delivering strips of steel with tolerances of +/- .0005, the closest tolerance in the industry. With our Cold Reduction Mill, our highly skilled operators are able to closely monitor the entire milling process from raw steel to finish strip. This allows for the highest level of quality control of our cold reduced products, thus allowing for better consistancy and efficiency throughout the entire strip. We provide carbon, stainless and aluminum steel in any of the commmercially available tempers and finishes.</span></span></p>
<p><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><b>Cold Rolling</b> is a process by which the sheet metal or strip stock is introduced between rollers and then compressed and squeezed. The amount of pressure introduced determines the hardness and other material properties of the finished product.</span></span> Our <span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 12px;"><span style="color: rgb(255, 0, 0);">Waterbury Farrel&reg;</span> 2-Hi/4-Hi Combination Mills may be converted by the removal or insertion of work rolls. This permits greater versatility of rolling capabilities on the same mill. When production requirements are relatively small, a single mill of this type can be used for breakdown, rundown and finish rolling. </span></span></p>
<p>The advantages of cold rolling steel is the capability to keep the tolerances very close, as well as tightening up the grain structure of the steel. The finished tolerances on hot rolled steel are looser than on cold rolled. With the advantage of our extremely close tolerances we are able to provide elite industry professionals with greater consistancy, allowing faster stamping and fabrication efficiencies.</p>
<p><a href="http://www.rolledsteel.com/wp-content/uploads/2011/01/cold-reduction-mill-1-large.jpg"><img alt="cold reduction mill 1 large Something to Mill Over" class="alignnone size-full wp-image-433" height="533" src="http://www.rolledsteel.com/wp-content/uploads/2011/01/cold-reduction-mill-1-large.jpg" title="cold-reduction-mill-1-large" width="100%" /></a></p>
<p><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;">When it comes to delivering your product to you, <strong>Rolled Steel Products </strong>has their own fleet of trucks for your convenience and quick on time delivery.</span></span></p>
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<p style="text-align: left;">&nbsp;</p>
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		<title>February 2012: Industry Update</title>
		<link>http://www.rolledsteel.com/february-2012-industry-update/</link>
		<comments>http://www.rolledsteel.com/february-2012-industry-update/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 05:44:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Domestic Mills]]></category>
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		<category><![CDATA[Stainless Steel]]></category>
		<category><![CDATA[Stainless Steel Prices]]></category>
		<category><![CDATA[Steel Market]]></category>
		<category><![CDATA[Steel Mills]]></category>

		<guid isPermaLink="false">http://www.rolledsteel.com/?p=923</guid>
		<description><![CDATA[From Rolled Steel Products perspective it appears that the steel market is at a plateau, whereby we could see prices stabilizing or even possibly falling a bit. For the past two months or so domestic prices have been increasing fairly significantly, while the foreign prices have increased only slightly. Lead-times domestically from mill sources have [...]]]></description>
			<content:encoded><![CDATA[<div style="color:rgb(0, 0, 0);font-family:Calibri, sans-serif;font-size:14px;">From Rolled Steel Products perspective it appears that the steel market is at a plateau, whereby we could see prices stabilizing or even possibly falling a bit. For the past two months or so domestic prices have been increasing fairly significantly, while the foreign prices have increased only slightly. Lead-times domestically from mill sources have been shrinking or staying stable across the nation.&nbsp;Service Centers are still keeping inventories at a minimal with many steel buyers still having great concern about supply and demand. The domestic mills (and steel buyers) are concerned about two areas which will be impacting the domestic market-increased capacity and imports. We possibly could see a rush of more imported steel which would certainly drive the prices down domestically. It is our goal to watch both markets carefully and keep our inventory at appropriate levels while keeping a continuity in supply for our ongoing existing customers.</div>
<p>&nbsp;</p>
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		<title>June 2011- Steel Industry Continues to Face Economic Challenges!</title>
		<link>http://www.rolledsteel.com/june-2011-steel-industry-continues-to-face-economic-challenges/</link>
		<comments>http://www.rolledsteel.com/june-2011-steel-industry-continues-to-face-economic-challenges/#comments</comments>
		<pubDate>Thu, 02 Jun 2011 21:58:59 +0000</pubDate>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=881</guid>
		<description><![CDATA[As we move towards the end of the second quarter of 2011, the steel industry continues to face economic challenges while remaining in an upward growth trend.
The steel industry is inextricably linked to trends in the greater economy, and is in part affected by general trends. The general domestic economy continues its choppy road towards [...]]]></description>
			<content:encoded><![CDATA[<p>As we move towards the end of the second quarter of 2011, the steel industry continues to face economic challenges while remaining in an upward growth trend.</p>
<p>The steel industry is inextricably linked to trends in the greater economy, and is in part affected by general trends. The general domestic economy continues its choppy road towards recovery, although it continues to be plagued by setbacks and lack of consumer confidence. While most economists are certain that the economy is gradually and steadily improving, consumer confidence in May 2011 <a href="http://www.latimes.com/business/la-fi-economy-20110531,0,806025,print.story">registered the lowest reading in six months</a> and continues to stay well below the typical reading that signals a healthy level of consumer confidence. Consumer spending, which accounts for a major portion of the general US economy, has been lower in part due to insecurities about labor and income prospects. At the same time, <a href="http://latimesblogs.latimes.com/money_co/2011/05/case-shiller-index-shows-home-prices-slide-into-double-dip.html">housing prices fell to their lowest levels</a> since 2002 as the housing industry battles an oversupply of foreclosed homes and tighter credit lending. Even as the general economy improves, albeit slowly, the construction and housing industries weigh heavily on associated sectors.</p>
<p>The steel industry is also dealing with its specific challenges. On May 26, 2011, industry and congressional leaders met to discuss the state of the steel industry at a <a href="http://www.steel.org/en/sitecore/content/Global/Document%20Types/News/2011/State%20of%20Steel%20Testimony%20to%20Steel%20Caucus.aspx">meeting of the Congressional Steel Caucus</a>. Recurring positions taking by steel executives regarded a desire to see increased support for capital infrastructure spending as well as increased tariff protection against foreign steel. Executives seemed particularly challenged by what they termed &ldquo;dumping&rdquo; and &ldquo;unfair competition&rdquo; from government-subsidized companies, as well as purposefully undervalued foreign currency that promotes export to the US. In general, however, steel executives are expecting revenue to rise for the rest of 2011.</p>
<p>The steel executives&rsquo; prediction for 2011 is matched by the US Geological Survey Metal, Institute for Supply Management and the Boston Consulting Group&rsquo;s newest reports. The US Geological Survey summary, <a href="http://minerals.usgs.gov/minerals/pubs/mii/1105/0511sum.pdf">published for May 20, 2011</a>, signals continued growth, although data suggests that growth may happen at a slower rate than in the first part of 2011. The report signals that while geopolitical unrest in the Middle East and North Africa has affected global trade and markets, domestic manufacturing seems strong enough to sustain demand. This analysis is seconded by a new report from ISM, which <a href="http://www.ism.ws/about/MediaRoom/newsreleasedetail.cfm?ItemNumber=21592">forecasts increased manufacturing growth</a> as well as possibly higher prices through the end of 2011. Additionally, a study recently came out that expects the next five years could constitute a &ldquo;manufacturing renaissance&rdquo; <a href="http://www.bcg.com/media/PressReleaseDetails.aspx?id=tcm:12-75973">as rising costs of labor abroad cancel out the savings</a> found in producing goods abroad. Such a revitalization of domestic manufacturing would poise the steel industry to see renewed growth and demand.</p>
<p>As the economy slowly but steadily heads towards recovery, Rolled Steel is working hard to monitor market conditions and evaluate inventory position and availability. We are looking forward to remaining your supplier of choice as the economy continues to recover.</p>
<p><em><span style="font-size:10px;">~Kaitlyn Plummer</span></em></p>
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		<title>May 2011 &#8211; Industry Update</title>
		<link>http://www.rolledsteel.com/may-2011-industry-update/</link>
		<comments>http://www.rolledsteel.com/may-2011-industry-update/#comments</comments>
		<pubDate>Wed, 04 May 2011 20:25:59 +0000</pubDate>
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		<guid isPermaLink="false">http://www.rolledsteel.com/?p=870</guid>
		<description><![CDATA[As manufacturing remains a cornerstone of the economic recession, primary metal needs continue to increase. The jump in pricing from November 2010 to April 2011, while likely unsustainable, has seemed to generate stronger revenues for major companies in the industry.
The general US economy continues a shaky but progressing recovery. Corporations are posting record profits and [...]]]></description>
			<content:encoded><![CDATA[<p>As manufacturing remains a cornerstone of the economic recession, primary metal needs continue to increase. The jump in pricing from November 2010 to April 2011, while likely unsustainable, has seemed to generate stronger revenues for major companies in the industry.</p>
<p>The general US economy continues a shaky but progressing recovery. Corporations are posting record profits and holding record sums of cash, but there are concerns about Federal monetary policy and continued weakness in the dollar that seem to be impeding corporate confidence. Ben Bernanke, the Fed Chairmen, gave the first-ever Federal Reserve press conference on April 27, 2011, underscoring the worries over inflation and monetary policy. The Fed has said that they are keeping a very close eye on the current near-zero interest rates and the impact on inflation.</p>
<p>Meanwhile, manufacturing remains a strong sector in the economic recovery. According to the Federal Reserve, manufacturing increased 0.7% since March 2011 and 6.6% since March 2010. The US Geological Survey’s Mineral Survey is also forecasting growth in metals and manufacturing. The current demand is seen as more sustainable, rather than a demand driven solely by depletion of inventory and supply shortages.</p>
<p>Major U.S. mills, have seen a positive first quarter and are looking forward to an improved second quarter. Both US Steel and AK Steel are predicting that the second quarter results will be, in large part, due to increased demand and strong pricing. There are several factors that determine, in part, the price of steel. Oil is once again on the rise, and is at a two-and-a-half year high as of April 29, 2011. The rise in transportation and production costs translates to higher costs for products overall.</p>
<p>Overall, the picture of the economy continues to be one of slow recovery but is consistently growing.  Despite concerns of monetary policy, inflation and confidence, the economy continues to grow. Manufacturing has risen, which in turn requires an increase in metals and materials demand. Metal demand is also being affected by strong pricing from the mill side.</p>
<p>Rolled Steel is carefully monitoring the economy and adjusting to shifts and changes as necessary. We continue to be your supplier of choice, and look forward to exceeding your needs.</p>
<p><span style="font-size: x-small;"><em>Kaitlyn Plummer</em></span></p>
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