Peerless Steel Newsletter

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Troy Bacon Fest Raises Funds For Suicide Awareness

Troy-based company Peerless Steel recently hosted their 4th Annual BaconFest to support a local Michigan charity, KnowResolve. More than 200 suppliers, patrons, and employees joined forces to raise money and share bacon. An array of more than 80 dishes contained bacon as the main ingredient to raise more than $3,000 in support of KnowResolve.

Read Full Article at The Oakland Press

July, 2014

Peerless Steel Gives Back
This past weekend, Peerless Steel hosted their 4th Annual Bacon Fest. A wide spread of bacon dishes were shared. Not only was this event a great way to meet with customers and suppliers, it was also a great opportunity to give back to our community.
(Read More)

Up, Up And Away
It was reported in June that steel prices are increasing at their fastest rate since the recession. This is due to several factors, including the situation in Ukraine, massive run-ups in expensive elements like Chrome and Vanadium and an improving European business climate. Domestic mills have increased prices twice in the last 90 days with a third increase expected mid-summer. (Read More)

Machine Tool Consumption Trending Upwards!
Machine Tool consumption was consistent through the fourth quarter of 2013. The intense winter of 2013/2014 affected all aspects of the steel industry, but consumption levels are increasing. This is a good sign for our customers and our industry. (Read More)

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