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Home » Authors » Stephen Letko
Stephen Letko

Stephen Letko

Stephen Letko launched his own firm, SPL Enterprises LLC, in 2000 after a distinguished career in executive positions with companies including Dodson Steel Products, Mills Iron Works and Crane Company. His expertise includes implementation of new markets, restructuring companies to improve their financial position, and developing marketing, quality and employee incentive programs. Contact him at 770-972-8282 or [email protected].

Articles

ARTICLES

TW1225_businessmen looking for correct path.jpg
PVF Market Overview

Tariffs, Shutdown and Market Shifts: PVF Industry Navigates Uncertain Terrain

Despite these challenges, major construction and energy projects are moving forward, including significant pipeline, airport and data center developments.
December 1, 2025
Stephen Letko
TW1125_oil pumps in Russia.jpg
PVF Market Overview

OPEC+, Russia Agree to Increase Oil Production

Ongoing tariff uncertainties and labor shortages continue to create challenges for the PVF sector, impacting pricing, supply chains and economic stability.
November 3, 2025
Stephen Letko

As the PVF industry navigates economic uncertainty, shifting oil dynamics, labor shortages, and evolving tariff policies, staying informed and connected through events like the PVF Roundtable’s upcoming Casino Night and Christmas Celebration is more vital than ever.


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TW1025_tariff burden.jpg
PVF Market Overview

PVF Sector Faces Uncertainty Amid Tariff Challenges, Market Shifts

From tariff rulings to oil price disputes, labor shortages and construction updates, the industry navigates a complex landscape in the fourth quarter of 2025.
October 1, 2025
Stephen Letko

With economic uncertainty, shifting tariffs, labor shortages, and major infrastructure projects reshaping the landscape, the PVF industry enters Q4 2025 navigating volatility, opportunity, and the growing need for skilled talent and strategic collaboration.


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TW0925_valves at gas plant.jpg
PVF Market Overview

Uncertainty Continues in PVF Industry

The Trump administration’s tariff policies, plus the ongoing skilled labor shortage, continue to challenge the sector, impacting pricing, availability and construction activity.
September 1, 2025
Stephen Letko

As global tariffs shift and labor shortages persist, the PVF industry faces a turbulent third quarter in 2025. Get the latest insights on trade policy impacts, construction trends, energy developments, and how industry leaders are navigating uncertainty through innovation, collaboration, and education.


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TW0825_drop in oil prices.jpg
PVF Market Overview

Q2 2025 Sees Significant Drop in Oil Prices

An Iran-Israel ceasefire, increased OPEC+ output and concerns over U.S. tariffs have contributed to this reduction.
August 4, 2025
Stephen Letko

Global oil prices fall amid a fragile Iran-Israel ceasefire, OPEC+ production hikes, and tariff uncertainty—while U.S. construction and PVF sectors grapple with labor shortages, rising costs, and complex supply chain disruptions.


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TW0725_OPEC+ oil output.jpg
PVF Market Overview

OPEC+ to Increase Oil Output

The oil-producing countries are looking to gain back market share and punish overproducers.
July 1, 2025
Stephen Letko

July 2025 opens with economic uncertainty as oil supply rises, tariffs disrupt trade, labor shortages persist, and key infrastructure projects offer some stability.


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PVF Market Overview

Tariff Scenario Remains Highly Uncertain

Despite economic challenges, PVF industry initiatives such as major infrastructure investments and industry training are advancing the sector.
June 2, 2025
Stephen Letko

As global trade policies shift and supply chain disruptions mount, the PVF market faces an uncertain second quarter, marked by evolving tariffs, rising material costs, oil market volatility, and a critical need for skilled labor—making industry collaboration and information sharing more vital than ever.


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PVF Market Overview

Trump Announces Reciprocal Tariffs on ‘Day of Liberation’

If the cumulative result reaches 50% or more, the PVF industry faces a cost crisis not previously seen, and it would be almost impossible to pass on.
May 1, 2025
Stephen Letko

As of the writing, the outlook for the PVF industry remains fluid in the wake of President Donald Trump’s April 2, 2025, “Day of Liberation” announcement, which included the imposition of reciprocal tariffs on a wide range of countries and products.


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TW0425_automobile assembly.jpg
PVF Market Overview

Trump Administration’s Tariff Orders Exclude Auto Parts

The 25% tariffs are on goods that do not satisfy U.S.-Mexico-Canada rules of origin except for energy and energy resources (10%).
April 3, 2025
Stephen Letko

April marks the beginning of the second quarter of 2025, with oil pricing, as of this writing, at $67.05/barrel for WTI and Brent at $70.37/barrel. 


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TW0325_tariffs just ahead.jpg
PVF Market Overview

President Trump Turns Tariff Threats Into Action

With postponed tariffs contingent on military developments, companies are urged to evaluate their sourcing strategies.
March 3, 2025
Stephen Letko

President Trump’s tariffs on Mexico, Canada and China have been implemented as of this writing (25% on Mexico and Canada and an addition 10% across-the-board on all goods from China). 


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