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PrimeSource Building Products Selects Kleber & Associates as Agency of Record

Atlanta, GA (PRWEB) January 17, 2023 Kleber & Associates (K&A), a full-service marketing and public relations agency focused on the building products ....

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PrimeSource to Acquire Nationwide Industries, Expanding Portfolio of Specialty Residential Building Products

PrimeSource to Acquire Nationwide Industries, Expanding Portfolio of Specialty Residential Building Products
Strategic acquisition of highly engineered outdoor living and security products will augment catalogue and further accelerate growth for leading national platform
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IRVING, Texas and SANTA MONICA, Calif.
and TAMPA, Fla., May 3, 2021 /PRNewswire/ PrimeSource Building Products, Inc. ( PrimeSource or the Company ), a North American provider of specialty branded residential building products, announced today that it has signed a definitive agreement to acquire NWI Enterprises ( Nationwide ), a provider of branded specialty hardware for outdoor residential applications including fence & gate hardware, railing systems and perimeter security, from affiliates of Harbour Group. PrimeSource is backed by Clearlake Capital Group, L.P. (together with its affiliates, Clearlake ). The transaction is PrimeSource s second acqui ....

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Steel prices continue to rise but pace of gains appears to slow

The
Raw Steels Monthly Metals Index (MMI) rose by 7.8% for this month’s reading, as steel prices continued to rise.
Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices.
Steel price gains slow
As we’ve chronicled in this monthly column, steel prices have been rising consistently since last summer.
Buyers have struggled to find supply in what eventually became an allocation market.
Steel prices have posted double-digit percentage gains on a month-over-month basis. However, that ascent appears to be slowing somewhat.
The US hot rolled coil price, for example, continued to increase. The US HRC three-month price rose 20% month over month to $1,280 per short ton. However, the price has flattened out thus far in April. ....

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Section 232 steel and aluminium duties litigation shifts into high gear

Introduction
It has been almost three years since the 25% duties on steel imports and the 10% duties on aluminium imports pursuant to Section 232 of the Trade Expansion Act 1962 were first imposed by Presidential Proclamation 9705 and legal challenges are proliferating and there is renewed legislative interest in Section 232 reform.(1) For those looking for any signs of a swift removal of the duties, the wait continues.
The administration s rapid decision to reinstate the Section 232 duties on aluminium imports from the United Arab Emirates within 13 days of their removal by President Trump upon leaving office shows no haste to change the status quo,(2) and the comment by the new Secretary of Commerce that the duties have been effective signals no imminent decision to change.(3) The government continues to actively defend these broad duties before the reviewing courts and at the World Trade Organisation (WTO) in scores of cases questioning various aspects of their legali ....

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