Career Opportunity – Slitter Operator

Slitter Operator DUTIES AND RESPONSIBILITIES Set up and operate slitter Inform helper as to order of cuts Properly tag customer size on cuts to be package Note any deviations of orders to supervisor for approval Note any quality information on work order and sign as to completion Oversee helper and crane man for proper packaging…

Industry Update 2/12/19

Index HR: Falls $17/ton ($0.85/cwt) to $667 ($33.35) CR:  Falls $9/ton ($0.45/cwt) to $808 ($40.40)….Was $41.80 beginning of last year, so lower now by $1.40/cwt than start of last year GV:  Falls just $2/ton ($0.10/cwt) to $888 ($44.40)….Was $45.00 beginning of last year, so lower now by $0.60/cwt than start of last year Market continues…

Career Opportunity 1/21/2019

Sheffield Steel Products a Cleveland based Flat Rolled Steel Service Center has an opening for an “outside salesperson” or “sales group” to sell their products. We are searching for experienced outside sales professionals who are ready for a new challenge. Ideally, the successful candidate will have flat rolled steel experience with a loyal customer base.…

Industry Update 10/31/18

Not much shake up this week… HR: Up for second week in a row, but only a buck a ton/nickel a hundred weight… CR: Drops $5/ton ($0.25/cwt) GV: Also drops $5/ton ($0.25/cwt So the price correction started around mid-July, three months ago….what has everything done? HR fallen from high of $918/($45.90), so down $87/ton ($4.35)…

Career Opportunity 10/18/18

Looking for a career opportunity? There is currently a position available at Sheffield Steel Details below and for any additional details email [email protected] Slitter Helper Job Description

Career Opportunity 9/18/18

Looking for a career opportunity? There is currently a position available at Sheffield Steel Details below and for any additional details email [email protected] Slitter Helper Job Description

Industry Update 9/6/18

Couple of points from attending several conferences as related to the U.S. steel market: Most speakers agreed that global steel demand was slowing. However, the consensus was that demand in 2019 will be likely the same as 2019.  We have also entered an era of protectionism that is accelerating a trade war as well as…

Industry Update 8/16/18

A lot to consider in the steel market this week. Indexes showing slight drops in both HR and HDG. Additionally, CR picking a few dollars. Cleveland mill announcing a $ 30T increase on CR recently. Reflecting on that announcement is it an effort to maintain/improve the spread between CR and HR? conversely, it could be…

Career Opportunity 8/1/18

Looking for a career opportunity? There is currently a position available at Sheffield Steel Details below and for any additional details email [email protected] Slitter Helper Job Description

ISO Certification

New Iso Certification for Sheffield Steel Click For details! Iso Certification    

Industry Update 6/14/18

Indexes: Indexes saw very minimal fluctuations this week. Minor retraction in HR, minimal increases in CR and HDG. These played an effect in the CME futures space for a day with contracts losing a little steam. We shall see what that brings towards the end of the week. As additional tariff talk vs. China may…

Industry Update 5/30/18

Indexes:  HR up, CR and GV down HR:  So it dropped $10/ton last week, and it gains $10/ton this week….back up to the current high mark of $886 ($44.30) CR:  Drops $7/ton this week, resting at $1,011 ($50.55) GV:  Dips $4/ton this week, landing at $1,089 ($54.45)   Current product markets seem to be pretty…

Industry Update 4/19/18

Indexes: HR:  Shows more signs of evening out….Down $7/ton ($0.35/cwt) this week…From January  to February HR was up about $5.00/cwt…..from February to March it was up another $5.00/cwt or so…..But from March 14 to April 20, (six Wednesdays) we have seen HR price from $41.80 to $43.20, just a spread of $1.40/cwt. CR:  Stubborn as…

Industry Update 3/9/18

INDEXES:  BIG Jumps this week… HR:  Up $20/ton ($1.00/cwt),  climbing to $772 ($38.60)…not  even close to unprecedented pricing though (yet?)… Last time HR was this high was 2011…high water mark that year was $888 ($44.40)….and  let’s not forget (who could?) 2008, when in May of that year, HR hit $1125 ($56.25) CR:  Up $12/ton ($0.60/cwt),…

Industry Update 3/1/18

Indexes:  No end  in sight currently …to the increases   HR:  Up “just” $5/ton ($0.25/cwt) this week….$752/ton ($37.60/cwt).  Marks basically the  18th straight week (dropped $1/ton at New Years) that HR has gone up, going back to 11/1/17…end of October, we were basically at $29.00, so up $8.00+/cwt CR:  Gained $14/ton this week  ($0.70/cwt)….now at…

Industry Update 2/23/18

INDEXES: No slow down seen yet, as prices leap pretty good this week… HR:  Up         $11/ton ($0.55/cwt) reaching $747 ($37.35)…highest since summer of 2011 CR:  JUMPS  $28/ton ($1.40/cwt), getting to $893 ($44.65) GV:  Leaps    $18/ton ($0.90/cwt) hitting  $951 ($47.55)   Since end  of October, the recent low point before things started going up: HR was…

Industry Update 2/16/18

INDEX: HR still climbing, up another $13/ton ($0.65/cwt) this week….now at $736 ($36.80) CR stayed flat at $865 ($43.25) GV up $14/ton to $933 ($46.65) This week saw another increase in the HR market. Additionally, we now see the potential remedies available to the current administration in relation to the Section 232 case. The commerce…

Industry Update 2/7/18

Indexes HR up another $20/ton ($1.00/cwt) this week, moving from $703 ($35.15) to $723 ($36.15)…highest since beginning of 2012 (6 years). CR up $7/ton ($0.35/cwt) GV up $7/ton ($0.35/cwt) CAPACITY:  Though nothing staggeringly new here, production has been on the rise since the  beginning of the year, going from 71% to 75%.  2017 mostly ran…

Industry Update 2/1/18

Indexes HR up $8/ton ($0.40/cwt) this week, landing at $703 ($35.15)….. 1Q  2012 was last time HR CRU was this high…prices started to build from around $30.00 in November of 2011 and peaked at $37.00 in February back then.  And by July it was back around $30.00. Coincidentally this current run up started in early…

Industry Update 1/25/18

This week the steel indexes increased on all products with the exception of Galvanized. Hr +22, Cr +19 and HDG -1. Questions remain as to the continued trajectory and its longevity. Futures market for Hr has been volatile; Q2 trading in the neighborhood of $685. The current administration meeting at the world economic summit this…

Industry Update 1/18/2018

INDEXES: HR:  At its’ highest mark in 3-1/2 years….! This week up $12+/ton ($0.60/cwt) to $673 ($33.65)…..That eclipses the 2017 high back in April of $660 ($33.00) Speaking  of eclipsing:  High  water mark in 2016 was $637 ($31.85)….in 2015 it was $597 ($29.85)….You have to go back to May of 2014 when HR was at…

Job Opportunities

Sheffield Steel Products a Cleveland based Flat Rolled Steel Service Center has an opening for an “outside salesperson” or “sales group” to sell their products. We are searching for experienced outside sales professionals who are ready for a new challenge. Ideally, the successful candidate will have flat rolled steel experience with a loyal customer base.…

Industry Update 12/21/17

Index: All categories up again this week HR: Up $5/ton ($0.25/cwt) landing  at $630 ($31.50) CR:  Always liking to get the leader, up $16/ton ($0.80/cwt) this week….Now at $825 ($41.25) GV:  UP pretty good too, at $12/ton ($0.60/cwt) increase, climbing to $870 ($43.50) All these categories back to about August levels before the slight softening…

Industry Update 11/9/17

What a difference a month makes! Reduction in imports, upward price management at the producer level; as well as improvement in the manufacturing sector, have all been contributors to the “bullish” view of the flat rolled steel market. There are chinks in the armor when it comes to the market fundamentals, as most industry experts…

Industry Update 10/12/17

INDEX:  The decreases are becoming more prevalent… HR drops $17/ton ….four months after this year’s low point of $577 ($28.85) on June 14. For those of you on CRU programs, today was the first second Wednesday of 4Q…..Average in 3Q was $30.98….so  already down a buck… CR fell $9/ton…at $800 ($40.00) even now…we saw some…

Industry Update 9/27/17

The indexes remained stable this week. A relative push on CR and HR. Coated inching minimally higher. However, prudence is required in addressing some of the hazard  that could affect market participants. China developing stricter curtailment of their domestic steel production Lower inventory levels Hurricane replacements/production Unplanned domestic supply side reductions (although scheduled and built…

Industry Update 9/14/17

INDEX  All three categories down this week (much to the chagrin  of AK Steel, who announced another $30/ton increase recently that no  mills followed suit on)… SCRAP:  After much talk of prices going up, things ended flat going into September (part of why other mills did not follow AK lead and attempt a price increase)…Down …

Industry Update 8/30/17

After spending the week at a steel industry conference, I thought I’d share a couple of point conveyed during the conference. First and foremost, the devastation left in the wake of hurricane Harvey will have an effect on steel prices in the near term. Iron ore prices are to move off current highs this will…

Industry Update 8/17/2017

INDEX:  Drops in all three categories this week.The mills however, and as resilient as ever, announced increases this week of $30/ton…On their side one could argue that scrap went up in August (albeit only $10-$20/ton)….Conversely though, inventory levels at service centers have gone up as well, to a 2.3 months’ supply, which does not help…

Industry Update 8/10/17

THE SSP INDEX IS  FLAT… HR up @$2/ton @ ($0.10/cwt) CR up @$1/ton  @ ($0.05/cwt) GV was same   Raw materials for steelmaking have rallied of late. Noting significant increases in scrap, coking coal as well as other commodities. Potentially signaling an upward trajectory for the U.S. market price. Current world events with NORKO seems…

Industry Update 8/4/2017

INDEX Surprisingly, what with the tick downs on pricing of the last couple weeks, and the loss of steam on the 232 investigation, all categories in our INDEX tables went up this week: HR:  Bumps up a solid $11/ton ($0.55/cwt) coming in at $621 ($31.05)….highest number for HR since May! (Am I the only one…

Industry Update 7/27/17

Index:  Things still pretty mild… HR:  Despite mill increase announcements,  HR fell $2/ton, or $0.10/cwt…..Now at $610/$30.50….HR has stayed within a buck of itself ($29.60-$30.65) over the  past 6 weeks,  which is pretty stable  for the  steel industry….The 232 Investigation seems to  have lost some steam, as President  Trump told the Wall Street Journal he…

Industry Update 7/20/17

INDEX Pretty flat week with HR and CR each dropping $1/ton, or just a nickel a hundred weight….Galv dropped a little more, , going down $8/ton… Has the steam dropped off on the 232 investigation?  Who knows?   But  after four weeks of increases in HR pricing, it went the other way this week… During  the…

Industry Update 7/13/17

INDEX: All three categories tick up again this week… HR up $4/ton to $613 ($30.65)….This is the first “Second Wednesday” of the third quarter…The average of the three second Wednesdays of the second quarter was $30.88, so this quarter starting out just a bit cheaper….for now? CR up $8/ton….after 5 weeks of hovering just below…

Industry Update 7/6/17

INDEX: Continues to inch up in anticipation of the 232 findings…. HR  Up   $4/ton CR  Up   $5/ton GV Up    $17/ton   Improvement in job data, upcoming discussions regarding trade with European leaders etc. are weighing on the market. Equally, the continued delays in the section 232 report as well as rumored cabinet in fighting regarding…

Industry Update 6/28/2017

INDEX HR:  Bumps up again by $13/ton ($0.65/cwt) as mills  continue to have leverage awaiting  the outcome of the 232 investigation… Gets back over $600/ton ($30.00/cwt) for first time since end of May CR:  Slipped a bit this  week, dropping to $792 ($39.60) GV:  Same as CR, drops slightly….now at $866 ($43.30) CAPACITY UTILIZATION:  Mills…

Industry Update 6/22/17

DING DING….and the mills win round one…

Steel Indices: With the threat of the outcome of the 232 investigation, and the subsequent mills’ recent spate of price increases, the Indices rebounded this week after several weeks of falling prices…

Industry Update 6/15/17

Index HR:  Dropped just two bucks/ton this week, going to $577 ($28.85)….Mills timely price increases helped stop the quick erosion CR:   Continues to have strength, going up $8/ton this week to $796 ($39.80) GV:   Slid $7/ton….now at $855 ($42.75) CAPACITY:  Mills at 74% last week….YAWN….. SCRAP:  As expected, flat from May to June…. Now a…

Industry Update June 8, 2017

MILL  INCREASES: In the past few days, most north American mills have all announced $30/ton increases on HR/CR/GV…CSI (California), Nucor, NLMK, USS Posco (California), Arcelor Mittal, US Steel and AK have all come  out with the same increase of $30/ton INDEX: HR: Fell a modest $5/ton ($0.25/cwt) this week, after falling $21/ton last week….HR now…

Industry Update for June 1, 2017

HR: Drops $21/ton ($1.05/cwt) going below $30.00 for first time since first week of the year…
CR: Stubborn little fella, this CR guy…..goes up $3/ton, bucking the trend….Mills continue to enjoy LARGE spread between HR and CR….what had been for years a typical $6.00-$7.00/cwt premium for converting to CR, mills have been riding a $10.00-$11.00 spread now for over a year

Industry Update 5/24/2017

HR:  Drops another couple bucks a ton, or just a dime a cwt….Falls from $607 ($30.35) to $605 ($30.25)….Last time INDEX was under $600/ton or $30.00/cwt was the very first week of the year.  Guessing next Wednesday will crack that barrier… CR:  Falls $14/ton, or $0.70/cwt…..Now at $804 ($40.20)…..Gotta go back to early December when …

Steel Update May 17, 2017

INDEX:  Big drops again HR:  Fell $15/ton ($0.75/cwt) to $607 ($30.35), falling back to where it was on February 22….High point was $660 ($33.00) on April 5…. CR:  Fell $9/ton ($0.45/cwt) to $818 ($40.90). GV:  Fell $12/ton ($0.60/cwt) to $893 ($44.65). CAPACITY:  Fell slightly, but in general continuing flat in the 74-75% range…. SERVICE CENTER…

Industry Update 5/11/17

CRU: Slow, steady decline in prices continues…. HR fell $5/ton from $627 ($31.35) to $622 ($31.30)….Has fallen $38/ton ($1.90/cwt) in past 5 weeks CR fell $8/ton from $835 ($41.75) to $827 ($41.35)….Has fallen $33/ton ($1.65/cwt) in past 6 weeks GV fell $6/ton from $911 ($45.55) to $905 ($45.25)….Has fallen $32/ton ($1.60/cwt) in past 5 weeks…

Steel Update May 4, 2017

Index: Was pretty tame this week… HR dropped a couple bucks a ton, or $0.10/CWT…..now at $627 ($31.35) CR stayed flat at $835 ($41.75) GV fell four bucks/ton, or $0.20/CWT….at $911 ($45.55) now…again, this GV price assumes 16 ga, coated at G90 SCRAP:  May negotiations just getting under way, and no markets settled yet….Indications are…

Industry Update for April 26th, 2017

HR Fell for the third week in a row, with the biggest fall this  week of $15/ton ($0.75/cwt)…..HR now at $629 ($31.45), back around where it was in early March…. CR also fell significantly this week, $16/ton ($0.80/cwt), also retreating to early March  numbers…Now sitting at $835 ($41.75) GV not to be left out, likewise…

Industry Update for April 20th, 2017

CRU:All three categories dropped (blue shaded square) this week…first time all year that has happened…. HR fell $10/ton ($0.50/cwt)….now at $644 ($32.20) CR fell $5/ton ($0.25/cwt)….now at $851 ($42.55) GV fell a buck/ton….now at $931 ($46.55) CAPACITY:  Mills have been ramping up a little, coming in at 75% last week…hitting the peak from back in…

Sheffield Steel Launches New Website

Apr. 5, 2017 (Macedonia, Ohio)—Sheffield Steel Products, a flat rolled steel service center, is proud to announce the launch of its new website www.sheffieldsteel.net . The site sets the standard for the steel service center industry with an easy-to-navigate interface and growing library of articles and resources. Since our inception, Sheffield’s mission has been to…