10 Things You Might Want to Know About Nails
Originally published by: Tools of the Trade — September 1, 2014
The following article was produced and published by the source linked to above, who is solely responsible for its content. SBC Magazine is publishing this story to raise awareness of information publicly available online and does not verify the accuracy of the author’s claims. As a consequence, SBC cannot vouch for the validity of any facts, claims or opinions made in the article.
Several weeks back we linked to a ProSales story about an antidumping case filed against Korea, Malaysia, Oman, Taiwan, and Vietnam that could lead to higher nail prices.
Curious to know more, I read the report issued by the U.S. International Trade Commission (USITC) on the case and discovered some interesting things about nails. Here’s what I found out (the data is from 2013 and applies to steel nails only):
- In 2013 the U.S consumed 629,716 tons of steel nails. If that many nails were melted down and cast into a block of solid steel, the block would cover the area of a football field to a depth of 45’ (my calculation—not the USITC’s)
- 21% of the nails used in the U.S. were produced in the U.S.; the rest were imported.
- Five countries account for 2/3 of the nails imported by the U.S.: China (28%), Taiwan (16%), Korea (11%), UAE (6%), and Vietnam (6%).
- 75% of the nails produced in the U.S. were collated.
- 88% of the nails produced in the U.S. were bright (no finish).
- By weight, 66% of the collated nails produced in the U.S. were commons, 3% were finish nails, and 23% were pallet nails (That’s a lot of pallets! The entire list can be seen below).
- 10 companies account for nearly all U.S. nail production; the major producers with plants in this country are: Mid Continent Nail Corporation, ITW, Pneu-Fast, Senco, and Stanley Black & Decker.
- The leading U.S. producer is Mid Continent Nail. Their plant is located in Poplar Bluff, Missouri (see a satellite view in Google Maps; it’s the one with the black roof).
- A complaint by Mid Continent Nail prompted the antidumping case. Mid Continent is a subsidiary of DeAcero S.A. de C.V, the largest steel wire manufacturer in Mexico.
- USITC documents refer to “short tons” of nails. A short ton is 2,000 pounds. A “long ton”, a measurement used in the U.K. before the switch to metric, is 2,240 pounds.
For a look at what goes on in a U.S. nail manufacturing plant see: A Trip to the Nail Factory.