Steel Products
Final Thoughts
Written by John Packard
February 13, 2013
Our Steel 101 workshop for Columbus, Mississippi is sold out. We will advise when our next workshop is available for registration. We hope to put on a total of four workshops this year. We will leave the program on our website so you can learn more about it but just note our registration is full.
We have just booked the date for our next Managing Price Risk workshop – which is on understanding hot rolled and scrap futures and options markets. The next workshop will be held in New York City on Friday, April 26, 2013 at the CME Group (NYMEX) building which is across the street from 1 World Trade Center and within view of the Statue of Liberty. We hope to have the program and registration online within the next week or so. If you would like more information before the events section of the website is updated you are welcome to contact our office: Info@SteelMarketUpdate.com or 800-432-3475.
I got a note from LinkedIn that my profile is one of the 1% most viewed (just mine and 2 million others out of their 200 million members…). It’s nice to be recognized. My LinkedIn steel group continues to grow with approximately 1,100 members – and no steel offers in the discussions… The group name is easy to remember: Steel Market Update. It’s free.
I have a strange question for you. Our designers are working on special graphing software which is being built into our website. Our members will be able to utilize the software when interacting with our data. If there is a type of graph that you like to use – let me know what that is so – especially if it is an odd one – so we can make sure it is programmed into the site. We already have pie chart and line chart covered…
Our designers are also working on a new advanced multi-level Price Estimator for us. For this reason we are not going to adjust the base prices on the existing Price Estimator for a week or two as we do some special testing on our new product. When the new website comes up it is our intention to have three levels of access to the Price Estimator – Public – Members – and Premium Members.
By the way – if you are thinking about becoming a member or expanding your membership – now is an excellent time to do so – before the new website comes up.
As always your business is truly appreciated – tell your friends about us.
John Packard
Read more from John PackardLatest in Steel Products
September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]
SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.
HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.