Sutor Technology Group (TORZ) & Insteel Industries (IIIN) Financial Research | Rectangular Steel Tube

Ternium SA, through its subsidiaries, manufactures and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates in two segments, Steel and Mining. The Steel segment offers steel products, including slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, and roll formed products, as well as other products, such as pig iron.

LB is owned 51% by a black industrialist, 26% by Marine Civils and 23% by the Industrial Development Corporation (IDC).

In the end, Galvanized Steel Coil Industry report details the major regions, market scenarios with the product price, revenue, volume, production, supply, demand, market growth rate, and forecast etc. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

The biggest whack, and win, would be to hit the Canadians with a 25% auto tariff.  Some 85% of Canadian production goes straight to the US market, thus enriching Canadian (highly paid) auto workers at the expense of US jobless workers.  Personally, I anticipate that Trump will do that, notwithstanding the howls you will hear from anyone and everyone.  Also, remember that a large number of US plants have closed as Mexican assembly plants started up; a hefty duty against Mexican-assembled autos will sting.  Right now Volkswagen has a large assembly operation in Mexico with the product immediately shipped to the US, including the Beetle.  US VW production is only for the Passat model, which is a nice seller, but I don't think consumes the volumes that would keep Trump from tariffing Mexican production. There are some ten auto plants in Mexico that ship their product to the US.  Also, a number of engine casting plants are set up in Mexico, including (strangely enough) the engine casting plants for Outboard Marine Corp and I believe The Mercury boat motors.  All of that is work taken away from Wisconsin, home of Paul Ryan as I recall.  Don't be surprised that the auto parts industry gets slapped with tariffs. Would that upset the auto makers?  But of course.  So what?  It will push that work back into the US, no question.  (The result for Canada would be acutely unpleasant, probably pushing the country in a recession and a 40-cent dollar). 

VW plans to build 150,000 electric cars in 2020, (100,000 of which will be the I.D. compact car and I.D. SUV, which are both expected to premiere in 2020), offer 27 all-new EV models across four brands by 2022, and offer an electric version of every single one of its 300+ models by 2030. In total, the company expects to build at least 10 million EVs based on this new MEB platform, and Reuters reported last month that this could go up to 15 million.

"My favorite of this masher is that it folds down so it doesn't take up lots of drawer space," wrote one reviewer of this folding potato masher. Thanks to its stainless steel shaft and locking collar, it stays in place when in use. When you're all done, this nylon masher can be adjusted for better, more compact storage, which is a big reason why reviewers love it so much.

When your feet are cold, only a comfy pair of thermal socks like these can truly do the trick. Soft and fuzzy, these can fit feet up to a size 10.5, and come with an interior lining that's actually better at insulating than fleece. They come in a variety of designs, too.

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)

3 – Canada signed a legally-binding international agreement to block commercial fishing in the High Arctic for at least 16 years. Other signatories included Norway, Russia, the United States, China, Iceland, Japan, the Republic of Korea, the European Union and Denmark in respect of Greenland and the Faroe Islands. The agreement covers an area about the size of Quebec and Ontario combined.

8 – Bombardier Inc. announced it would cut 5,000 jobs company-wide and sell off two units as part of a five-year plan to rein in costs, focus on rail and business jets and reduce the net long-term debt of $9 billion. About 2,500 Bombardier workers were being laid off in Quebec and 500 in Ontario, with the 2,000 other cuts occurring overseas.

Very interesting, Jan.  I have had my suspicions that some of this tariff business might actually work, and that the overwhelming media "opinion" writes off every economic action Trump takes as being negative if not downright harmful to the U.S. economy and jobs.  It is actually quite thrilling to know that some people in Ohio, or anywhere in the Midwest actually, can go back to work.  I'll keep my fingers crossed for them in any case.

1 – The Coalition Avenir Quebec ended a half century of two-party rule in Quebec by winning a majority in the provincial election. The coalition won 74 of the province’s 125 ridings, sweeping the Liberals out of office and reducing them to 32 ridings. The Parti Quebecois suffered an unprecedented defeat at the polls. The 52 women elected – representing 41.6 per cent of the province’s 125 seats – is the highest percentage in Canada.