Latest News

June 2010

     Scrap prices caught everyone off guard by making a sideways move in May allowing us to hold prices longer and for June scrap actually posted a small reduction.  Mills aren’t passing this decrease on, instead using it to expand their margins slightly.  The US economy is recovering slower than expected so US mills are still not running at capacity but seem to be satisfied with the status quo.

     Canadian mills are still in a state of affairs.  One mill (Alta/Scaw) is still supplying steel to their sister mill in Chile, which was devastated by earthquakes and doesn’t figure to roll rebar until as late as 3rd or 4th quarter.  The other mill (Gerdau) overbooked their rollings and has been playing catch up ever since.  This has created some supply issues for Western Canada and in addition to unattractive offshore offers this is giving the other mills the breathing room they needed to dictate prices and terms.

     Basically, no one is competing for orders at this point in time.  I suspect prices will remain relatively stable for the next month or two.

April 1 Update
Unfortunately we were not the winner of this great award. A sincere Thank You! to our customers who supported us on this endeavor and I assure you that Ardel Steel will continue to strive for ‘Customer Service Excellence’.

     Construction is well underway as you can see and we are slated to be up and running this summer
(hopefully sooner than later).

     Barry and his staff have worked hard to provide superior customer service from their “cozy” facilities for many years, but, our vision is to be The Best at What We Do and a state of the art facility will allow them to fulfill this vision!

     Since the company was started in 1980 we have grown every year in some way in terms of staff, equipment or services. This is another exciting step in the history and future of Ardel Steel
The estimated date of completion is summer 2010.

     The Town of Kipling and Ardel Steel teamed up to create the worlds largest paperclip and is registered in the Guinness Book of World Records!

     If you are unfamiliar with the story, Kyle MacDonald started with a red paperclip and traded it up and up and up until he wound up with a house! http://oneredpaperclip.blogspot.com/

     The red paper clip story had been heard by millions and the Town of Kipling wished to commemorate this unique story with a landmark – hence the biggest paperclip in the world! The paperclip is 4.6 meters or 15’2” long and weighs over 3200lbs.

     Ardel Steel Regina has won the Supplier of the Year award for the 2nd year in a row! Thank you to all our customers for voting for us, I hope we can repay you with continued service that helps you build!