Cup o Joe - A Metals Podcast

This October feels like October baseball — high stakes, long innings, and every pitch matters. Mike Carrozzo and Nick Webb break down the metals at bat: copper driving prices higher, carbon tightening supply on tariffs, stainless playing steady ball, and aluminum testing the strike zone with producers eyeing exits. Grab your peanuts and scorecards — it’s time for the metals playoffs. 

It’s kickoff time for football and for metal contract season! On this month’s Cup o Joe, Ryerson’s Pat Ford, GM of Global Accounts, breaks down how manufacturers are locking in supply and pricing strategies for the year ahead. From hedging and premium management to tapping into Ryerson’s bench of experts, Pat shares how global and program accounts are navigating negotiations. Nick Webb runs throug...

Mexico is quickly becoming a critical link in North America’s manufacturing and supply chain network. In this episode of Cup o Joe , Nick Webb and Jason Pounders talk with Oscar Rivera, VP of Ryerson Mexico, about the trends driving nearshoring, the latest shifts in tariff policy, and how cross-border trade is impacting steel, aluminum, and other metals. 

In this special episode of Cup o Joe , hosts Mike Carrozzo and Nick Webb gather insights from Ryerson’s product and supply chain experts to break down findings from a new survey of 13 North American steel, aluminum, and stainless mills. While mill responses point to a broadly steady demand outlook, the panel digs deeper to uncover subtle shifts by material and market. Topics include idled carbon m...

In this special July edition of Cup o Joe , hosts Mike Carrozzo and Nick Webb celebrate the season by connecting the dots between metals and the holidays. From Canada Day to the Fourth of July, they explore how industrial metals shape the world around us—from fireworks displays to market trends.  Tune in as they break down the latest price movements, macroeconomic forces, and a few surprising meta...

In this episode of Cup o Joe , Mike and Nick tackle the evolving tariff landscape and what recent trade headlines could mean for metals markets. Then, they turn the mic to the voice of the customer, exploring how end-market demand is shaping up across industries.  Special guest Russell Earls, Ryerson’s vertical market manager for Aerospace, Defense, and Semiconductor, joins the show to share what...

In this special edition of Cup o Joe, Nick breaks down the latest twists in the U.S.–China tariff saga and what it means for the metals market. After a surprise weekend announcement slashed tariffs on Chinese imports from as high as 145% back down to 10%, metal buyers are left wondering: is this a reprieve or just the calm before another storm? He walks through the economic ripple effects—from fal...

In this special episode of Cup o Joe , we break down the key metals markets—steel, stainless, and aluminum—and explore where prices are stabilizing and where pressure may be building beneath the surface. With tariffs, surcharges, and shifting supply chains top of mind, we turned to two Ryerson experts for on-the-ground insight. Jim Reed, Ryerson’s Director of Supply Chain, and Brian Crane, Product...

In this episode of Cup o Joe , Nick Webb breaks down the growing divergence between soft and hard economic data—and what it means for manufacturers watching metal prices and macro trends. From inflation expectations and tariff delays to shifting consumer confidence and the resilience of retail spending, Nick explores the push-pull dynamics playing out across the U.S. economy. We also dive deep int...

Jason Pounders fills in this month, joining Nick Webb for a jam-packed breakdown of a fast-moving metals market. What do surprise political shifts means for carbon and aluminum prices, and how might short lead times signal changes in buying behavior? Jeff Penz, Ryerson’s Director of International Procurement and Recyclables, joins the discussion, weighing-in on tariffs—where we’ve been, where we’r...

Tariffs are back in the headlines, but will they stick? In this episode of Cup o Joe , Nick and Mike are joined by Ryerson’s Senior VP of Supply Chain, Trent McFarland, to break down what he’s hearing from mills and how manufacturers can remap their supply chains in response. But this one takes a turn—ditch the slides, grab a coffee, and join a live Q&A session as the team fields real-time que...

In this special edition of Cup o Joe , hosts Mike Carrozzo and Nick Webb bring together a powerhouse panel to break down the latest shakeup in the metals market—the surprise Super Bowl Sunday announcement of 25% tariffs on steel and aluminum imports. What does this mean for pricing, supply chains, and the broader manufacturing landscape? Joining the discussion are Ryerson’s supply chain experts Je...

In part two of this special Cup o’ Joe episode, we’re shifting gears to break down what’s happening in the steel, aluminum, and stainless markets—and where they could be headed next.   Hosts Mike Carrozzo and Nick Webb, Director of Risk Management & Commodities Hedging, sit down with Ryerson’s metals experts to discuss:   🔹 Steel prices—Are we at the start of a rally? Where do tariffs fit int...

With so much going on, we had to make this month's episode a two-part Cup o’ Joe!  In this first installment, Ryerson CEO Eddie Lehner sets the stage with a look back at 2024—a tough year for manufacturing with continued demand declines and economic uncertainty. But is a turnaround on the horizon?   Nick and Mike break down the latest macroeconomic trends, including:   - The state of manufacturing...

It’s a Cup of Champions this month! Fresh off some big wins—both on the football field and in the metals markets—Nick and Mike break down the latest industry trends and what’s shaping up to be a pivotal year for manufacturing and commodities. Topics include: 🏆 National Championship Recap – A little friendly banter about Ohio State’s big win and North Central College’s Division III title. 📈 Manuf...

In this episode of Cup o Joe, Nick and Mike take a trip down memory lane, revisiting six bold metal market predictions Nick made at the start of the year. From steel pricing trends to shifts in global demand, they dissect what came true, what missed the mark, and what surprised everyone. But it doesn’t stop there—Nick offers a glimpse into the road ahead, diving into the buzz around potential tari...

In this episode, we dive into the recent U.S. election’s surprising impact—or lack thereof—on commodities, metals, and energy markets.  Nick and Mike dissect the unique market movements, offering some takes on what a return to certain policy trends could mean for metal buyers, manufacturers, energy prices, and investment strategies moving forward.  This episode doesn’t offer concrete predictions,...

In this episode of Cup o Joe, we dive into the potential disruptions to global supply chains from Hurricane Helene and the recently resolved port strikes. This episode was recorded hours before a temporary resolution was agreed to between the ILSA and US Maritime Alliance.  Then, we discuss how Chinese stimulus efforts are giving a boost to Chinese manufacturing—and what that could mean for domest...

In this episode of Cup o' Joe, the discussion centers around a "winter" warning for the global steel industry, driven by recent remarks from the CEO of Baowu Steel, China's largest steel mill. The CEO's harsh outlook reflects growing concerns as China's steel market softens, reminiscent of challenging periods in 2008 and 2015.  Hosts Mike Carrozzo and Nick Webb dive into the impact of weak real es...

Join hosts Mike Carrozzo and Nick Webb in this insightful episode of Cup o Joe as they sit down with Chris Lyons from North American Stainless. Dive deep into the current landscape of the steel industry, exploring critical topics like steel mill capacity utilization, lead times, and price fluctuations. Chris shares expert insights on what’s driving these trends, how they impact the broader market,...

In this episode, Nick and Mike delve into the latest political developments and their potential impact on the manufacturing economy and metal prices. They explore preliminary research from Ryerson customers about their expectations for the remainder of the year, along with insights from Goldman Sachs on the upcoming election. Additionally, they discuss the volatility of nickel prices, which are on...

In this lively and casual episode of the Cup o Joe podcast, the tables are turned as Jennifer Betts, CEO of Recycled Media, takes the reins and interviews the hosts, Mike Carrozzo, Nick Webb, and show producer Jason Pounders. Together, they dive into the origins of the Cup o Joe podcast, sharing the fun stories and inspirations behind its creation.  The group then shift gears to discuss the curren...

In this episode, we are joined by Jeff Nodes, Ryerson's supply chain director, to get his take on the aluminum market. From market demand to which grades may be in short supply, we cover it all! We take an optimistic look at what faces the aluminum market going forward. 

In this episode of Cup o Joe, we are joined by Josh Spoores, the Head of Steel Americas Analysis at CRU, to talk steel pricing indexes. Josh offers an analysis on the role of the CRU, the ways in which prices are set, and consumer spot index prices. Whether you're an industry insider, a market analyst, or simply interested in understanding the forces shaping steel prices, this episode is packed wi...

Pour yourself a glass and join hosts Mike Carrozzo and Nick Webb, along with special guest Jim Reed, for the latest episode of the Cup o' Joe podcast!  Get ready to dive into the exciting world of aluminum as the trio tackles recent market shifts, from tariffs in Mexico to a Russian ban at the LME. They discuss the impacts on supply chains and market stability. And just when you thought it couldn'...