Economy
February 4, 2019
Written by Tim Triplett
The Association of Steel Distributors has selected Andrew (Andy) Gross as its 2018 Steel Executive of the Year.
Gross is president and CEO of Alliance Steel, Bedford Park, Ill. A long-time member of ASD, Gross has served as president and chairman of the service center trade group since 2017. He is also a member of the Fabricators & Manufacturers Association board. ASD is an affiliate of FMA.
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To kick off the official sessions of the 2023 Steel Summit, Dr. Anirban Basu, chairman and CEO of the Sage Policy Group, focused on the broader context in which steel prices are set, outlining major factors currently shaping economic outcomes in our country.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.
Economic activity in the US manufacturing sector contracted for the ninth month in a row in July, according to the latest report on business from the Institute for Supply Management (ISM).