Monday Business Briefing: Ford sale rise, but share prices fall; convention center impact estimates; a $650M manufacturing investment; and more | Pre Galvanized Steel Tube

KEL LLC entered into default after they failed to appear, plead or otherwise defend the actions against them. The motion for entry of default was granted by the court in June.

23 – Nicolas Roeg, the British director of provocative and otherworldly films who gave Mick Jagger and David Bowie enduring screen roles, died at age 90. His films included “Don’t Look Now”, “Walkabout” and “The Witches.” He also cast Jagger in the thriller “Performance” and Bowie as an alien looking to save his planet in “The Man Who Fell to Earth.”

19 – Police laid new sexual assault charges against five teenaged boys from St. Michael’s College School in Toronto. Four of them were already facing sexual assault charges in a separate incident at the elite all-boys school. Two of those previously charged are also accused of assault and assault with a weapon in a third incident. Police investigated eight incidents that took place at the private Catholic school and laid charges in connection with three of them.

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS2. INDUSTRY OVERVIEWSteel Industry - A PreludeSteel Market Witnesses Uptick in Demand and PricesOvercapacity & Inventory Levels - A ReviewChina Holds the KeyChinese Steel Consumption to Slow Down - India Could Fill the Gap with Strongly Growing Appetite for the MetalGlobal Demand for Steel to Slowdown in 2018 due to Chinese Curbs on Excess CapacityChina Announces Plans to Cap Steel ProductionSteel Price Differential - Global ImpactsGlobalization & Rationalization - A Surviving StrategyOutlookEmerging Economies to Considerably Impel Global Steel Demand3. INDUSTRY TRENDS & ISSUESImpact of US Steel Tariffs - A Brief ReviewSteel Logistics to be affected by US TariffsUS Import Tariffs on Steel to hurt South Korea and EU Countries the MostOngoing Drive for Lighter Weight Vehicles Drives Demand for High Strength SteelEmissions Regulations Landscape in Major Countries/RegionsInnovations and Product Differentiation Grow in FocusHigh Performance Steel Grades Gain Importance in MachinerySteel Vs Aluminum: The Material Wars ContinueDemand for Stainless Steel Gains MomentumDemand for Special Long Steel on the RiseSteel Manufacturers Move Closer to CustomersRising Demand for Recycled Steel Pushes Demand for Steel ScrapStainless Steel Continues to Reign Appliances MarketCarbon Steel Market - A ReviewMove towards EAF - An Ongoing TrendSteel Industry Persists with its Energy Conservation DriveEnvironmentally Friendly Approach Gains Focus4. STEEL INDUSTRY - KEY FACTS & FIGURESSteel Production on a Downward SpiralIndia Poised to Emerge as Second Leading Steel ProducerSteel Production to Dip in Japan and South KoreaSteel Trade OverviewExportsImportsRaw Material Prices Impact on Steel PricesLow Steel Prices and Margins to Put Downward Pressure on Iron Ore Prices5. MARKET ENVIRONMENT AND KEY GROWTH INDICATORSGlobal GDP Performance & Market OutlookImproving Economy Buoys General Market OptimismManufacturing Sector to Support GrowthSteel Industry Fortunes Intrinsically Tied to Construction Industry DynamicsPopulation Growth & Urbanization Drive Demand for SteelUrbanization in Developing Countries to Drive GrowthRevival in the Automotive Industry Improve ProspectsPrice Volatility in Oil and Gas Sector Impacts Demand6. PRODUCT OVERVIEWSteel - A Versatile MetalSteel CompositionSteel PropertiesProperties of SteelEnd-Use Sectors for SteelSteel ClassificationCarbon SteelsAlloy SteelsStainless SteelsAustenitic GradeFerritic GradeMartensitic GradeTool SteelsHigh-Speed Tool SteelsCold-Work Tool SteelsHot-Work Tool SteelsMold SteelsShock-Resistant Tool SteelsWater-Hardening Tool SteelsSpecial-Purpose Tool SteelsOther Steel TypesChromium SteelNickel SteelHigh Speed SteelCobalt SteelFerro-Tic CarbideCarbide TippedSolid CarbideSteel Manufacturing ProcessSteel Manufacturing: Processes InvolvedSteel MakingBasic Oxygen FurnaceClassification of BOFsBottom BlownTop BlownCombination BlownElectric Arc FurnaceRefining and CastingLadle RefiningCastingForming and FinishingHot RolledCold Forming - Modifies Properties of Some SteelsSteel ProductsFinished Products7. AN OVERVIEW OF MAJOR END-USE SEGMENTSConstructionAutomotiveShipbuildingMachineryAppliancesMetal CansAccessoriesFinishesFurniture8. STAINLESS STEEL INDUSTRY - A SNAPSHOTIntroductionEnd-Use Applications of Stainless SteelCutleryFood ProductionStorageArchitectureNuclear PowerMedicineAutomobiles9. COMPETITIVE LANDSCAPEA ReviewRestructuring Operations Remains a Key StrategyConsolidation Picks up Pace9.1 Focus on Select Players9.2 Recent Industry ActivityArcelort Mittal Receives Regulatory Clearance for Ilva Acquisitionthyssenkrupp Becomes First Producer of Grain-Oriented Electrical Steel in IndiaJSW Steel to Take Over Acero JunctionNSSMC to Acvquire Ovako GroupArcelor Mittal and NSSMC Partner to Acquire Essar SteelEVRAZ to Divest EVRAZ DMZRussel Metals to Acquire DuBose SteelCMC to Acquire Select Rebar Steel Mills of Gerdau in the USTata Steel Completes Upgradation at Port Talbot siteDBM Global to Acquire Mountain States SteelHyundai Steel Introduces Earthquake-Resistant Steel ProductsJoint Venture for Production of Construction Steel Formed in MyanmarPOSCO and Top Tubes Sign PosMAC Supply AgreementReliance Steel & Aluminum Acquires FergusonMitsui Signs Agreement for Transfer of Select Assets to NSSBUS Steel and Kobe Steel Commence Construction of CGL at PRO-TEC Coating CompanyTata Steel and thyssenkrupp Sign MoU to Combine Long Steel Operations into a Joint Venture in EuropeRussel Metals Acquires Color SteelsAK Steel Acquires Precision PartnersTata Steel UK Divests Hartlepool SAW Pipe Mills to Liberty House GroupGFG Alliance to Acquire ArriumJFE Steel Announces First Commercial Use of JFE-UHP-17CR-110EVRAZ ZSMK and Steel Asia Expand Cooperation for Billet SupplyOutokumpu Obtains European Patents for New Stainless Steel GradesGerdau to Divest Chilean OperationsTata Steel UK Divests Speciality Steels Business to Liberty House GroupPOSCO Completes Construction of Giga Steel PlantJFE Steel and Marubeni-Itochu Steel Acquire 2.21% Stake in SPINDONSSMC Completes Acquisition of Majority Stake in Nisshin SteelArcelorMittal Brasil Signs Agreement to Combine Brazilian Long Steel Operations with VotorantimBaosteel and WISCO MergeArcelorMittal Introduces New High-Strength Steel for CarsGerdau Sells Steel Production Company in Spain to Clerbil SLJFE Steel, Nucor Sign Agreement to Set Up Joint Venture for Auto Steel Sheet ProductionPOSCO Sets up Automotive Steel Processing Centers in ChinaTata Steel UK Sells Long Products Operations in Europe to Greybull Capital LLPOutokumpu and Bllinghaus Steel Enter into Distribution Agreement for Steel BarsPOSCO to Construct Integrated Steel Mill in IranGerdau Signs Agreement with JFE Steel for Production of Heavy PlatesNSSMC to Integrate its Steel Sheets Manufacturing Subsidiaries10. GLOBAL MARKET PERSPECTIVESteel Market by End-Use Segment11. REGIONAL MARKET PERSPECTIVE12. COMPANY PROFILESTotal Companies Profiled: 144 (including Divisions/Subsidiaries - 180)

Asia Metal Public Company Limited produces and sells processed steel products in Thailand. The company has market cap of $883.38 million. It offers hot-rolled, pickled and oiled, and cold-rolled products to steel wholesalers and end user factories; and round, square, and rectangular steel pipes, as well as C-channels and light lips channels. It has a 10.76 P/E ratio. The firm also trades in round-bars and deformed-bars, as well as steel furniture comprising square and round tubes.

VOESTALPINE AG/ADR declared an annual dividend on Tuesday, June 19th. Stockholders of record on Friday, July 13th will be given a dividend of $0.207 per share on Tuesday, July 31st. This represents a dividend yield of 2.15%. The ex-dividend date is Thursday, July 12th. View VOESTALPINE AG/ADR's Dividend History.

13 – Fisheries Minister Jonathan Wilkinson announced the creation of Canada’s first protected marine area under the Canada Wildlife Act. Shell Canada cleared the way for the Scott Islands marine National Wildlife Area by giving up its ocean exploration rights off northern Vancouver Island.

This table compares Absolute Software and VOESTALPINE AG/ADR’s net margins, return on equity and return on assets.

19 – A three-judge panel of the B.C. Appeal Court said the RCMP’s conduct in its investigation of an alleged bomb plot at the provincial legislature was a “travesty of justice” when officers continued to pursue the case against a couple who didn’t have the means to commit an act of terrorism on their own. The judges unanimously upheld a lower court finding that John Nuttall and Amanda Korody were manipulated by police to conduct the terror operation on Canada Day 2013.

Ternium (NYSE:TX) last announced its quarterly earnings data on Tuesday, October 30th. The basic materials company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.89. The company had revenue of $2.90 billion during the quarter, compared to analyst estimates of $3.04 billion. Ternium had a return on equity of 21.81% and a net margin of 11.58%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.99 EPS. As a group, research analysts predict that Ternium will post 6.89 earnings per share for the current fiscal year.

This table compares VOESTALPINE AG/ADR and SES’s net margins, return on equity and return on assets.

26 – Brooke Henderson was named The Canadian Press female athlete of the year, the second consecutive year the golfer has won the Bobbie Rosenfeld Award. Henderson became the first Canadian in 45 years to win the CP Women’s Open in August. She won twice on the LPGA Tour last season and finished ninth in the world rankings.