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ongress and the administration have a lot to do, including allocating funds for COVID-19 vaccinations and economic relief for people who have lost income as a result of the pandemic. One way to put a great number of people back to work is by passing legislation that finances infrastructure projects, including the surface transportation bill, which expires Sept. 30.
White House Press Secretary Jen Psaki, during a Feb. 16 briefing, confirmed that President Joe Biden met earlier in February with senators about infrastructure. “It’s one of the areas where there’s opportunity to work together. Most people wouldn’t argue that our roads, our bridges, our streets need to be rebuilt,” she told reporters.
Rep. Rick Crawford, R-Arkansas, who serves on the U.S. House Transportation and Infrastructure Committee, agrees that infrastructure typically is able to garner bipartisan support. However, he believes that rules and regulations attached to new spending packages should reflect the local concerns of states, counties and municipalities.
Commodity markets are replete with examples of industries roiled by the pandemic: steel sheet is on allocation in the U.S., semiconductor shortages are hampering auto production, drops in South American mine output have sent copper inventories to their lowest level in 10 years.
These supply-side problems are highlighted most prominently in the IHS Markit Purchasing Manager Indexes (PMI) for backlogs and delivery times. December data showed delivery times rising alarmingly again after spiking in early 2020. This testifies to continuing problems in meeting orders. Rising backlogs are another manifestation of the same problem, the research indicates.
Together, backlogs and delivery times indicate how stretched—and even fragile—supply chains have become.
nfrastructure is the physical framework upon which the U.S. economy operates, and on which the country’s standard of living depends, according to a study released Feb. 1 by the American Society of Civil Engineers. ASCE is the organization that grades America’s infrastructure every four years. The 2017 grade was D+.
As a preview to its 2021 report card, ASCE issued an analysis, titled “The Failure to Act,” which compares current and projected needs for infrastructure investment against the current funding trends in surface transportation (highways, bridges, passenger rail, transit); water and wastewater; electricity; airports; and seaports and inland waterways.
The total documented cumulative investment gap between projected needs and likely investment in these critical major infrastructure systems will reach $2.6 trillion by 2029. If legislators fail to address the investment gap, the U.S. economy is likely to lose more than $10.3 trillion in GDP by 2039. These losses include export and import opportunities, widening the nation’s trade deficit. Job losses will mount annually: By 2039, the U.S. economy is predicted to support 3 million fewer jobs than under baseline conditions.
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any highly entrepreneurial industrial companies understand that large capital investments may be tough to take on, and hard to justify, during downturns—such as a global pandemic that tanks the economy, for example. That’s because the return on investment that executives bank on during the planning stages may take much longer to realize.
NSPS Metals, which opened its $18.6 million, 130,000-square-foot service center in Houston in September, announced the mega project in late 2018 and broke ground in March 2019.
With its partners, Nippon Steel Trading Americas Inc. and Pacesetter Steel, Kennesaw, Georgia, “we succeeded,” says NSPS Metals President and CEO Takenori Nakano.
Since September, he says, “we completed installation of the machines and started up the machines—one slitting line and two blanking lines.”
913/396-0697, fax: 913/345-1006
COPPER-BRASS.ORG
517/787-5500, 888/888-2576
fax: 517/787-6390
ALRO.COM
steel@alro.com
847/729-5744; fax: 847/729-5759
christymetals.com
SERVICES: Electroplating, hot-dip tinning, shearing/blanking, slitting, slitting traverse-wound coil, traverse coiling, tinning
847/729-9292; fax: 847/729-0340
CHRISIND.COM
201/438-4600, 800/526-6293
fax: 201/438-6003
juliusblum.com
he latest heir in a lineage of steelworkers is forging a future by relying on an experienced, dedicated team within and the true friendship of an equipment salesman without.
The late William “Bill” J. Thomas Jr. founded Colonial Metal Products, Hermitage, Pennsylvania, in 1990. His son, Will Thomas III, now runs the place, along with a sister company, Colonial Slitting Industries in Weirton, West Virginia, founded in April 2019. The company processes and distributes flat-rolled carbon and stainless steel and aluminum.
“My great-grandfather was at Sharon Steel; my grandfather and father were at Sharon Steel,” says Will Thomas of a steelworks in Farrell, Pennsylvania, that was established in 1887 and closed in 1992. “[Sharon Steel] wanted Dad to run a New York sales office. My dad was not interested, so he started a service center with a partner in the 1970s, sold it in 1987, and then started Colonial in 1990.”
ervice centers and fabricators that are serious about getting the greatest-quality cuts and efficient output from their sawing operations can access a plethora of tactical resources from their vendors, including from the makers and distributors of saw blades.
Jay K. Gordon, North American product manager for sawing and hand tools at The L.S. Starrett Co., explains why everything from YouTube tutorials to tension setting will help sawing operators achieve their goals.
n 1920, Herbert B. Van Pelt and Donald C. Van Pelt, a father-son team, started the Service Steel Co., distributing steel tube, pipe and bar and serving the Detroit automotive industry exclusively. One hundred years later, Service Steel, now with corporate offices in Sterling Heights, Michigan, has a broad base of customers and five branches across the United States.
The branch in East Moline, Illinois, serves industrial customers, including a solid base of agricultural equipment manufacturers, spanning Illinois, Iowa, Missouri, Wisconsin, Minnesota, North and South Dakota, and Kansas.
“The majority of our work is supplying tube, along with some bar, channel and angle,” says Jeffery Smith, district manager. “Roughly 90 percent of the product that is sold has some process done to it before it is sent out.”
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