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Michael Cowden
Verified
Managing Editor, Steel Market Update
Chicago
Beats
Content
By Michael Cowden Verified| Steel Market Update@ Bilstein Cold Rolled Steel makes cold-rolled steel strip for a range of applications – everything from automotive and construction products to tools. It’s a subsidiary of Hagen, Germany-based Bilstein Group, a family company established in 1911. Bilstein Cold Rolled began production from a new plant Bowling Green, Ky., in 2017. Wilson joined the company in 2019 and advanced to COO before becoming CEO.
By Michael Cowden Verified| Steel Market Update@ It wasn’t a big drop, just $10/st. That’s mostly what we’ve seen over the last month – a steady erosion in prices. But that modest week-to-week change in price understates a huge swing in expectations. Rewind just a month ago. The high end of our HR range was at $1,000/st. There was chatter about HR prices potentially going as high as $1,100/st. That wasn’t crazy talk. Lead times were stretching out. Mills weren’t willing to give an inch on prices.
By Michael Cowden Verified| Steel Market Update@ Bilstein Cold Rolled Steel makes cold-rolled steel strip for a range of applications – everything from automotive and construction products to tools. It’s a subsidiary of Hagen, Germany-based Bilstein Group, a family company established in 1911. Bilstein Cold Rolled began production from a new plant Bowling Green, Ky., in 2017. Wilson joined the company in 2019 and advanced to COO before becoming CEO.
Company Info
Steel Market Update
Steel Market Update (SMU) is a prominent provider of steel industry intelligence, specializing in pricing, market analysis, and education for the U.S. steel sector. Established in 2004 by John Packard, SMU has evolved from an email update service into a comprehensive resource for flat-rolled steel market participants, delivering real-time data and actionable insights. SMU offers a range of services, including weekly price assessments for various steel types, an interactive pricing tool, and market analysis through newsletters and surveys. They also conduct educational programs, such as Steel 101 workshops, and host annual conferences like the Steel Summit Conference. Acquired by CRU Group, SMU continues to focus on the U.S. market while benefiting from CRU's global expertise. Their clients include steel producers, service centers, and end-users in sectors like construction and automotive.
Pittsburgh, Pennsylvania, United States
+1 800-432-3475
Founded: 2008