- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
Industry experts discuss state of manufacturing, steel prices at TPJ Symposium
- June 8, 2004
- News Release
- Tube and Pipe Fabrication
The second annual TPJ Symposium, which was held Feb. 18-20 in Orlando, Fla., was an industrywide gathering of executives and managers from the tube production, tube fabrication, and equipment manufacturing industries. The symposium was kicked off with a keynote address by William Strauss, senior economist and economic adviser for the Federal Reserve Bank of Chicago. Although the manufacturing sector has had a tough time since late 2000, Strauss pointed out that the economy as a whole has demonstrated remarkable resilience during the last few years.
"I'm impressed with the performance of the economy," he said. Despite some deep troubles, economic growth has held up well during the past few years. "We've had three losing years in the stock markets, which we haven't seen since the 1920s." And despite the recession, which was just ending when the terrorist attacks of Sept. 11, 2001, sent a shock wave throughout the U.S. economy, gross domestic product rebounded and has stayed in positive territory ever since. Strauss cited the shedding of inventories and productivity improvements as two of the main components of this business cycle that have allowed many companies to maintain some profitability despite the decline in overall business activity.
The consensus among many attendees was that steel prices and availability were the only two elements currently restraining manufacturing.
Glen Kidd, director of market research for United States Steel Corp., identified growing demand for both steel and scrap as the main forces driving the prices upward. Current demand growth is due to two factors, according to Kidd. The first is the global economic upswing, and the second is the construction boom in China.
In a presentation on U.S. tube production capacity, Douglass Yadon of Preston Publishing Co. Inc. cited a global shortage of coke and iron ore and concurred that the current disruption in metallics supply is largely the result of demand from China. He referred to it as a supply disruption rather than a shortage. He predicted that the market would respond to the increased prices by increasing supply and that prices would drop during the second and third quarters of this year.
Other presentations focused on three main areas of interest in the tube and pipe industry—executive business issues, stainless steel topics, and technical management topics. Presentations included:
- Lean Manufacturing & Six Sigma presented by Jerry Nelligan of Florida MEP.
- Health Care Costs by Ed Young of Horton Insurance.
- Constraint Management by Chet Kagel of HPK Group.
- Legislation Affecting Manufacturing by Fred Nichols of the National Assn. of Manufacturers (NAM).
- Choosing Lubricants, Coolants & Solvents by Patrick McFadden of Benchmark Metalworking Fluids.
- Different Levels of Quality Control Inspection Equipment by Brian Roberts of Advanced Kiffer Systems Inc.
- Draw Bench and Straightening Technology by Nelson Abbey III of Abbey International.
- Fundamentals of Welding Stainless Steel Tubing With a Laser by David Havrilla and Stefan Ziesemer of Rofin-Sinar Laser GmbH.
- Managing Tube Bending—Best Practices to Minimize Variation & Downtime by Tony Granelli of SWR America LLC.
- Reducing Overall Costs on New Treatments of Tool Steels by Jim Jantzi of New Form Tools.
- New Regulations—ISO & TS 16-949 by Jack Doherty of Florida MEP.
- Reduced Setup Time/Quick Changeover by Tim Gaughan of T & H Lemont.
- Advancements in Tube Fabrication by Keith Leuthold of Mazak Nissho Iwai Corp.
subscribe now
The Tube and Pipe Journal became the first magazine dedicated to serving the metal tube and pipe industry in 1990. Today, it remains the only North American publication devoted to this industry, and it has become the most trusted source of information for tube and pipe professionals.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
Zekelman Industries to invest $120 million in Arkansas expansion
3D laser tube cutting system available in 3, 4, or 5 kW
Corrosion-inhibiting coating can be peeled off after use
Brushless copper tubing cutter adjusts to ODs up to 2-1/8 in.
HGG Profiling Equipment names area sales manager
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI