Steel Dynamics Reports Record Second Quarter 2018 Financial Results | Spiral Carbon Steel Pipe

"The pipeline industry faces higher costs."  Yes, that is true, in the immediate short term, as the big producer of pipeline pipe is a smelter and mill located in Edmonton, Alberta (Canada), which is the dominant supplier  (basically has a stranglehold on the North American Market).. That mill is EVRAZ, they spell it in all-capital letters (I dunno what that stands for, if anything).  It is precisely this stranglehold that the Trump tariffs are intended to break.  By pushing on EVRAZ, US steel mills are motivated to enter that market.  Sure, you get cheap pipe from Canada because they can use Canadian scrap as the charge material and manufacture in depreciated Canadian dollars, then can sell that pipe with a nice guaranteed 30% profit just on the exchange rate.  But The Donald is not here to ensure keeping the Good Times Rolling up in Canada, that is not his concern nor his objective.  He wants to push US basic industries to manufacture those products.  The tariff will do that - and if it does not, he will increase the tariff until it does.  Remember that at one poing Ronald Reagan put a 100% tariff on large-displacement Japanese motorcycles, specifically to push Yamaha and Kawasaki out and grant a market monopoly to Harley Davidson.  And that worked - spectacularly well. 

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To demonstrate and quantify the potential benefits of laser welding versus conventional arc welding processes, a wide number of samples of both laser and GTAW were produced and were tested by Hydracorte and the AIMEN Technology Centre, first on laser weld specimens and then on demonstrator components (Figure 4). Metallurgical tests and visual observations were carried out.

http://www.nydailynews.com/news/national/ny-news-trump-steel-tariff-waiver-untruths-20180729-story.html

21 – The Trump administration moved to dismantle a big piece of U.S. President Barack Obama’s environmental legacy, proposing to scale back restrictions on climate-changing emissions from coal-fired power plants even as it acknowledged it could cause more premature death and illness.

23 – The Liberal government faced new pressure to cancel a deal to sell armoured vehicles to Saudi Arabia amid international outrage over the killing of Saudi journalist Jamal Khashoggi. Prime Minister Justin Trudeau said he didn’t want to leave Canadians “holding a billion-dollar bill” by cancelling the controversial contract. Just days later Trudeau raised the cancellation cost to “in the billions.”

“We pride ourselves on supplying and manufacturing a range of solutions that encompass all typical structural components found in new high-end homes, housing complexes, commercial buildings, and factories, for example. All of our products are customised to suit specific customer requirements,” Fabcon Steel Director Andrew van Gool comments, an industry veteran with 20 years’ experience.

HTF MI recently introduced Global Hot Dip Galvanized Pipe Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Garg Tube Limited, Xiamen Landee Industries, AK Steel & Hunan Prime Steel Pipe etc.

The regulator also disallowed historic cost overruns of R72.3-billion associated with the Medupi, Kusile and Ingula projects. However, Eskom will be given an opportunity to prove to the Energy Regulator that the overruns were prudently incurred.

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4 – Quebec provincial police arrested a 49-year-old suspect in the kidnapping of the president of the Cora Group breakfast chain. Nicholas Tsouflidis was allegedly abducted at gunpoint from his Mirabel home in March 2017 before being found in a ditch several hours later. Paul Zaidan, a former Cora franchisee, was charged with kidnapping, extortion and other offences.

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