Atlanta suburb moves to ban wood-frame construction for certain building segments, citing fire hazards among other issues.
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Insight from 2015 KPMG Family Business Survey
Further corroboration that successful family businesses maintain — even encourage — a culture of continuous but smart risk-taking, and are encouraged to consider non-family executive leadership to infuse objective and fresh ideas into the family firm.
Full Article: “Improve family business performance by taking smart risks,” by David Harland, CPA. May 13, 2016
DOW closes at record high
From NYTIMES.COM, 3/5/2013
“Despite everything, the stock market is back at a record high. The Dow Jones industrial average, which measures the performance of 30 blue-chip companies, closed with a gain of more than 125 points Tuesday, surpassing its previous record close of 14,164.53, which it achieved nearly five and a half years ago, as well as its record intraday high, set around the same time, of 14,198.10.”
Click here for full article…
ISA is Reported in American Metal Market Online
Click here to Link to AMM Article (for subscribers only).
Rebar fabricator co-op to leverage buys in bulk
Jan 23, 2013 | 04:41 PM | Samuel Frizell
NEW YORK — A group of U.S. and Canadian independent steel reinforcing bar fabricators has launched a steel purchasing cooperative aimed at leveraging purchases from steel suppliers and keeping small market players more competitive along the cost curve.
[Read more…] about ISA is Reported in American Metal Market Online
Rebar imports drop by half in December
From Nerds of Steel Blog:
“Rebar imports in December were almost half November’s, which was the main driver behind the overall drop. This was due to lower rebar imports from Turkey where November volumes of almost 60,000 tons fell to December’s 20,000 tons of import licenses. However, Turkish rebar imports are already showing a strong rebound in January, with January licenses reported up to January 15th already at 70,000 tons.”
Annual Shareholders' Meeting and Reception
Notice of Meeting
Monday, February 4, 2013
3:00 – 5:00 PM
Las Vegas Hilton
The First Annual Shareholders’ Meeting will be followed by a Reception, open to all ISA Members, Suppliers and prospective members (by invitation).
Interested in attending the ISA Reception? Click here to request an invitation.
World apparent steel use revised downward again in October 2012
From the Nerds of Steel blog:
After a downward revision in April this year, worldsteel made a further revision downward for world apparent steel use in 2012. The revision this time was from 3.6% in April 2012′s Short Range Outlook to 2.1% in the latest October 2012 version published last week. In addition, the forecast for growth in world apparent steel use in 2013 was also revised from 4.5% to 3.2%. That means that instead of ASU of 1,422MT in 2012 and 1,486MT in 2013, worldsteel is now forecasting 1,409MT in 2012 and 1,455MT in 2013 or 13MT and 31MT lower respectively.
PCA Calls for a "Rational" Congress to Reach Quick Accord
From Concrete Construction Magazine
Now that the votes have been counted and the country’s leadership for the next four years has been determined, construction interests are challenging Congress and the Obama administration to get to work on addressing the “fiscal cliff.”
Construction Starts Forecast to rise 6% in 2013
From Engineering News Record (11/21/12):
Recovery! Finally! Yes! But how long will it last? Perhaps only until next January, if politics intervenes. While construction-market fundamentals are saying yes to recovery, federal politics is saying maybe.
Here is what the economists are saying: McGraw-Hill Construction is forecasting a 6% increase in new construction starts in 2013, following a 5% increase this year. FMI Corp. predicts new construction put-in-place will increase 8% next year, following this year’s 5% increase. The Portland Cement Association, looking at the same put-in-place numbers adjusted for inflation, sees only a 1.3% increase next year. The National Association of Home Builders says the rebound in the housing market is on solid ground but that the big numbers are still a year or two away. ARTBA predicts that highway work will remain flat.