| TOP
STORIES |
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What's
On Steel's Mind? |
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Surging
raw material and finished steel prices, deep concerns
over pending climate change legislation, mounting
mill fatalities and the rise of China add up to
a slate of steep challenges for North American steelmakers.
More
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Cold-Formed
Steel: A Cost-Competitive Solution |
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From
apartments and condominiums to hotels, motels and
office buildings, cold-formed steel is finding its
way into more and more load bearing, mid-rise projects.
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Builders
Call On Congress To Pass Housing Stimulus Bill |
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The
National Association of Home Builders (NAHB) has
initiated an all-out effort to get Congress to pass
badly needed stimulus legislation that will help
stabilize the economy and housing market and assist
millions of current and potential home owners. More |
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| MARKETPLACE |
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Over
The Horizon, A Housing Recovery |
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NEW
YORK - The current housing market is bleak: home
prices and sales are plummeting, foreclosure proceedings
are skyrocketing and mortgage rates are on the rise.
More
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Builder
Confidence Edges Down In June |
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Builder
confidence in the market for newly built single-family
homes edged down in June, according to the National
Association of Home Builders/Wells Fargo Housing
Market Index (HMI). More |
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Random
Lengths Market Lumber Report |
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According
to the Random Lengths, the weekly report on the
North American wood products markets, demand for
framing lumber remained stuck in low gear, but most
producers resisted cutting quotes by more than a
few dollars. More |
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May
2008 Crude Steel Production |
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BRUSSELS
- World crude steel production for the 66 countries
reporting to the International Iron and Steel Institute
(IISI) was 119.5 million metric tons (mmt) in May.
More
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May
Imports Down 18 Percent vs. April |
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WASHINGTON,
D.C. - Based on preliminary Census Bureau data,
the American Iron and Steel Institute
(AISI) reported today that the U.S. imported a total
of 2,451,000 net tons (NT) of steel in May 2008,
including 1,998,000 NT of finished steel (down 18
percent and 10 percent, respectively, vs. April
final data). More |
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Generation
Y, Baby Boomers Will Help Multifamily Developers
Make Fortunes |
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SAN
FRANCISCO - Great fortunes in the real estate industry
have often had their roots in downturns, but the
industry needs to understand the trends that will
make those fortunes for them. More |
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| INDUSTRY
WATCH |
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Standing
Up To Nature: Steel Framing Is Ideal For Rebuilding
The Devastated Gulf Coast |
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After
hurricanes Katrina and Rita slammed into the Gulf
Coast in 2005, worldwide attention turned to the
massive rebuilding efforts that would be necessary
to replace more than 350,000 homes that were destroyed.
More
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Faced
With The Threat Of A Hurricane, Homeowners Turn
To Steel |
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WASHINGTON,
D.C. - When asked what construction material they
would prefer when framing their house if living
in an area prone to hurricanes, 75 percent of U.S.
homeowners prefer steel as their material of choice.
More
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Steel
Mill Execs See 2008 As Another Strong Year For Suppliers |
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The
U.S. steel industry is on track to ship about 110
million net tons of steel products this year, up
from almost 106 million tons in 2007. More |
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N.O.
Condos Get Keen on Green |
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NEW
ORLEANS — The green building craze is creeping
into the condominium market. More |
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| FROM
THE FIELD |
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Gulf
Coast Cities Addressing Barriers as They Continue
to Move Forward With Rebuilding Effort |
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New
Orleans and other cities along the Louisiana Gulf
Coast are moving forward with their rebuilding efforts
by addressing all barriers, including planning and
zoning issues, that have plagued the Parishes for
years. More
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Ontario
Fire Chiefs Call Sprinkler Reforms ‘An Important
First Step’ |
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A
move last week to mandate sprinkler systems in all
new Ontario condos and apartments four stories tall
or higher was welcomed by firefighters, although
they said the new rules fell short of what they
were hoping for. More
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Las
Vegas Mixed-Use Projects – Good News and Bad
News |
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As
a handful of multibillion-dollar mixed-use projects
move forward in Las Vegas, one has fallen prey to
the crippling lending markets. More
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SFA
NEWS |
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UL
Rated Load-Bearing Cold-Formed Steel Wall Assemblies
Can Now be Used in Canada |
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Working
with Underwriters’ Laboratories Inc. (UL)
and Underwriters’ Laboratories of Canada (ULC),
staff from both the Steel Framing Alliance (SFA)
and the American Iron and Steel Institute (AISI)
has been successful in their efforts to develop
a “Load Restricted Factor” (LRF) for
load-bearing cold-formed steel (CFS) wall assemblies
listed in UL’s directory. More |
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Latest
SFA Resource Publication Aimed At Electricians And
Plumbers |
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“How
To” Guide Designed to Make Transition to Steel
Framing Easier for Sub-Trade. More |
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SFA
To Kick Off 10-Year Anniversary Celebration With
Dinner at METALCON |
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Save
the Date! As the Steel Framing Alliance (SFA) approaches
its 10-year anniversary, exciting plans are underway
to kick off this important milestone with a special
dinner on Wednesday, Oct. 1st, at the Hyatt Regency
Inner Harbor. More |
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CFSEI
NEWS |
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CFSEI
Launches West Chapter Last Month |
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CFSEI’s
newest chapter kicked off its activities with a
three-city seminar tour in California on new lateral
design requirements in the state’s recently
adopted California Building Code. More |