Nov 12 ASA CENTRAL Annual Industry Dinner Nov 13 NETWORK2024 Feb 3 LEAD2025 Strategic Leadership Summit Apr 22 ELEVATE2025 May 7 ASA WEST Summit May 13 EMERGE2025 View Full Calendar
Nov 13 NETWORK2024 Feb 3 LEAD2025 Strategic Leadership Summit Apr 22 ELEVATE2025 May 7 ASA WEST Summit May 13 EMERGE2025 View Full Calendar
Feb 3 LEAD2025 Strategic Leadership Summit Apr 22 ELEVATE2025 May 7 ASA WEST Summit May 13 EMERGE2025 View Full Calendar
October 17, 2024 Cyber Security Tips to Safeguard You And Your Business Cyber security is a hot-button topic currently in the PHCP-PVF space. At last month’s ASA Innovation Summit in suburban Chicago, a panel of ASA members told their...
October 16, 2024 Navigating Uncertainty: Market Insights and Future Opportunities for Distributors While the market presents significant challenges, emerging opportunities in certain regions and sectors suggest that resilience and adaptability will be crucial for...
October 16, 2024 ASA’s New Recruiter Toolbox Helps Members Enhance Their Recruitment Recently, ASA held a webinar for members to learn about the new and improved Recruiter Toolbox. The Recruiter Toolbox is an online repository containing a wide variety of...
October 09, 2024 3 Steps Distributors Can Take to Optimize Workflow Efficiency Every distributor wants to reach a state where they’ve eliminated nonvalue efforts and can create experiences that keep customers coming back. To get there, they need to...
Tuesday, October 15, 2024 Nickel Price Update: October 14th, 2024, the price of nickel is $8.0204 per pound. @ASA_HQ #commodites #Tuesday Read More
Thursday, October 10, 2024 Commodity Update from @OilandEnergy Oil: $73.99, +0.75% BRENT: $77.41, +0.83% NAT GAS: $2.623, -0.037% #Thursday #PVF @ASA_HQ Read More
Wednesday, June 5, 2024 From an ASA member: “Our same-store sales are up 11% vs. the first four months of 2023. I’d love to tell you it’s due to “brilliant” management😊, but it is primarily due to an uptick in project work in the power and air separation... Read More
Monday, June 3, 2024 The stainless weld fitting market continues to stay mostly flat on pricing, but there are continued signs that metals are rising, which could cause prices to start moving. @ASA_HQ #Commodities #Monday Read More
Wednesday, May 8, 2024 Stainless steel pipe and fittings prices had remained under consistent, downward pressure since the end of 2022. The major reason was the precipitous fall of nickel prices following the astonishing runup of LME nickel prices during the first half of 2022. Read More
Tuesday, May 7, 2024 STEEL MARKET UPDATE: Flat-roll producers are more willing to negotiate on pricing than in the recent past. Specifically, the increased proliferation of import steel pipe in the market has contributed to suppressing prices this year. @ASA_HQ #Tuesday #Commodities Read More
Monday, May 6, 2024 Carbon Steel Update: After a brief producer-initiated spike to welcome the start of April, hot-rolled coil prices have largely settled back into a lower station. Officially, HRC is trading 12% down from the start of April. @ASA_HQ #Commodities #Monday Read More
Wednesday, May 1, 2024 Copper Update: Copper continues to go up in price. Not sure where it will stop. 12% up so far this year. @ASA_HQ #commodities Read More
Tuesday, April 30, 2024 Stainless steel pipe and fittings prices had remained under consistent, downward pressure since the end of 2022. The major reason was the precipitous fall of nickel prices following the astonishing runup of LME (Class I) nickel prices during the first half of 2022. Read More
Thursday, April 25, 2024 COPPER UPDATE from @Nasdaq: Priced at $4.4865, Prior Settlement: $4.46, 52 Week High: $4.526, 52 Week Low: $3.552 @ASA_HQ #copper #Thursday Read More
Wednesday, April 24, 2024 Nickel Price Update: April 19, 2024, the price of nickel is $8.8308 per pound. @ASA_HQ #commodites #Wednesday Read More
Tuesday, April 23, 2024 HRC Steel Update from @MarketWatch: $812.00, +5.00, +0.62% @ASA_HQ #commodities #HotRolledCoil Read More
Monday, April 22, 2024 Commodity Update from @OilandEnergy Oil: $82.88, -0.26% BRENT: $86.68, -0.61% NAT GAS: $1.779, +0.027% #Monday #PVF @ASA_HQ Read More
Tuesday, April 2, 2024 Carbon steel futures are down 3% this month and 30% year-to-date. International markets are seeing more stress than domestic, as historically high interest rates in Europe have put massive pressure on inventories. Read More
Thursday, March 28, 2024 The Federal Reserve is still maintaining current rates but was still signaling two to three rate cuts in 2024, all being a quarter-point. The first cuts are expected to begin in June but could come earlier. #Commodities Read More
Wednesday, March 27, 2024 The current GDPNowcast from the Atlanta Fed has started to decelerate from earlier forecasts in Q1 but is still showing the economy growing at 2.1% (2.9% in last month’s report and Blue-Chip forecasters are now expecting growth of 2.0% as well in the quarter). Read More
Tuesday, March 26, 2024 Commodity Update from @OilandEnergy Oil: $82.07, +0.12% BRENT: $86.78, +0.03% NAT GAS: $1.610, -0.005% #Tuesday #PVF @ASA_HQ Read More
Monday, March 25, 2024 "Quote activity has increased as well as larger projects breaking ground. The first quarter was slow to start but we see positive gains moving forward. Sales for March are flat compared to a very good month in 2023 but margin is up slightly." @ASA_HQ Read More
Wednesday, March 20, 2024 COPPER UPDATE from @Nasdaq : Priced at $4.0745, Prior Settlement: $4.13, 52 Week High: $4.13, 52 Week Low: $3.552 @ASA_HQ #copper #Wednesday Read More
Tuesday, March 19, 2024 Nickel Price Update: As of March 15th, the price of Nickel per Lb: $8.1159 @ASA_HQ #commodites #Tuesday Read More
Monday, March 18, 2024 The EIA is forecasting gasoline prices to average $3.31 in 2024 after averaging $3.52 last year. Diesel forecasts show an annual price of $3.92 after averaging $4.21 last year. #Commodities @ASA_HQ Read More
Friday, March 15, 2024 HRC Steel Update from @MarketWatch: $789.00, -4.00, -0.50% @ASA_HQ #commodities #HotRolledCoil Read More
Thursday, March 14, 2024 Commodity Update from @OilandEnergy Oil: $81.20, +1.48% BRENT: $85.28, +1.25% NAT GAS: $1.683, +0.025% #Thursday #PVF @ASA_HQ Read More
Wednesday, March 13, 2024 Economy: First-quarter GDP is once again stronger than expected on the back of strong consumer spending, government investment and stable corporate spending (nonresidential construction). @ASA_HQ #Commodities Read More
Tuesday, March 12, 2024 The Federal Reserve is still signaling two rate cuts in 2024, both being a quarter-point. As we approach the presidential election, the Fed likely will be unwilling to change rate policy. #Commodities @ASA_HQ Read More
Monday, March 11, 2024 Domestic Malleable Iron Update: An industry-wide price increase of 6% went into effect Jan. 1 with labor and energy being the primary cost-increase drivers. #Commodites #Monday @ASA_HQ Read More
Wednesday, February 7, 2024 Entering 2024, the industry as a whole anticipates a continued return to pre-pandemic stability across the board. Resin suppliers based in the Gulf Coast were able to dodge a repeat catastrophe by closing vulnerable processes during a recent cold snap. These measures resulted... Read More
Tuesday, February 6, 2024 As the New Year begins, both carbon and stainless-steel bar remain readily available. Raw material pricing has remained stable. Finished high-pressure forged steel fittings and branch connections are available for delivery from stock to 2 weeks. @ASA_HQ #Commodities #Tuesday Read More
Monday, February 5, 2024 Malleable Iron Update: A 6% industrywide domestic malleable increase was implemented Jan. 1. Rising energy, labor and raw material costs drove the increase. #Commodities #Monday @ASA_HQ Read More
Thursday, February 1, 2024 2024 has started as a promising year for projects and stainless steel to be used on those projects. Prices have leveled out with some signs that we will see an upward movement, like carbon steel prices. #commodities @ASA_HQ Read More
Tuesday, January 30, 2024 HRC pricing is down 26% year-to-date. This is due primarily to new, additional capacity having been brought online, as well as a decline in demand. @ASA_HQ Read More
Monday, January 29, 2024 Carbon steel prices have been in decline since the start of the new year. HRC pricing is down 26% year-to-date... #HRC #Commodities @ASA_HQ Read More
Thursday, January 4, 2024 Commodity Update from @OilandEnergy Oil: $75.25, -0.29% BRENT: $80.26, -0.32% NAT GAS: $2.770, -0.085% #Monday #PVF @ASA_HQ Read More
Monday, December 18, 2023 Domestic Malleable Iron: An 8% increase was announced and implemented in the first quarter of 2023. Rising raw material, energy and labor among other variable costs driving the increase. Read More
Monday, December 4, 2023 The stainless-steel fitting market has largely stabilized over the past few months. Lead times for finished goods were somewhat extended but as they’ve returned to normal, modest pricing pressure has been observed. Read More
Friday, December 1, 2023 Stainless Steel Pipe: As we come to the close of another exciting year in the stainless world, we are happy to report that 2023 will be remembered as a stabilizing year for pricing in the market. The peaks of the nickel and supply chain crisis of 2022 are in the distant... Read More
Thursday, November 30, 2023 As we come to the close of another exciting year in the stainless world, we are happy to report that 2023 will be remembered as a stabilizing year for pricing in the market. The peaks of the nickel and supply chain crisis of 2022 are in the distant mirror. Read More
Thursday, November 2, 2023 Stainless pricing still flat within most domestic segments of materials as we start to end the year. There's caution in near-term economic reports as there are signs that the aggressive raising of interest rates is hitting some sectors of consumer spending harder than... Read More
Wednesday, November 1, 2023 Carbon Steel Pipe Update: The last month has seen hot-rolled coil (HRC) prices increase by just over 20%. Lead times have also increased that amount. What is unknown is how much of this increase is self-imposed, nor how long these increases will last. Read More
Tuesday, October 31, 2023 Copper prices rebounded from an 11-month low following an announcement by China that it plans to increase fiscal support in an effort to revitalize its slowing economy and struggling property sector. Nevertheless, copper prices continue to face pressure due to a stronger... Read More
Thursday, October 26, 2023 HRC Steel Update from @MarketWatch: $842.00, +15.00, +1.81% @ASA_HQ #commodities #HotRolledCoil Read More
Wednesday, October 25, 2023 "We are seeing a significant slowdown in our customers at this point and not exactly sure why, maybe due to end-of-year budgets depleting, interest rates high for projects and not able to get financing. We have had a great last 3 years but slower for sure since... Read More
Friday, October 20, 2023 Oil prices climb & on track to rise for a 2nd week on heightened fears that the Israel-Palestinians crisis may spread in the Middle East and disrupt supply from one of the world's top-producing regions. Brent crude futures was up 88 cents to $93.26 a barrel by... Read More
Thursday, October 19, 2023 Commodity Update from @OilandEnergy Oil: $87.75, -0.57% BRENT: $90.72, -0.78% NAT GAS: $3.021, -0.035% #Thursday #PVF @ASA_HQ Read More
Tuesday, October 17, 2023 According to the latest Producer Price Index report, the price level of inputs to building materials was unchanged in September after climbing 0.4% in August. Prices have increased 0.8%, year-to-date, the smallest YTD gain through September since 2019. @NAHBhome Read More
Monday, October 16, 2023 Nickel Price Update: As of October 12th, the price of Nickel per lb: $8.3742, while just the day before, the pricing per lb was listed at $8.2037. @ASA_HQ #commodites #Monday Read More
Friday, October 13, 2023 HRC Steel Update from @MarketWatch: $695.00, -1.00, -0.14% @ASA_HQ #commodities #HotRolledCoil Read More
Thursday, October 12, 2023 The Federal Reserve left rates unchanged in September but allowed the door for more hikes in November or next year to stay on the table. The Fed remained hawkish, saying that inflation was still too high and far from its target 2% rate. Read More
Wednesday, October 11, 2023 Economy: Third quarter GDP was still trending stronger than expected, current GDP growth for the quarter was estimated to be 4.9% according to GDPNow tracker. Most analysts are still expecting slightly cooler growth of just under 3% but remaining ahead of expectations. Read More
Tuesday, October 10, 2023 Commodity Update from @OilandEnergy Oil: $85.87, -0.51% BRENT: $97.68, -0.47% NAT GAS: $3.443, +0.057% #Tuesday #PVF @ASA_HQ Read More