Steel Products
Steel 101: Introduction to Steelmaking & Market Fundamentals
Written by John Packard
August 12, 2013
Steel Market Update next workshop will be our Steel 101: Introduction to Steelmaking & Market Fundamentals. The workshop will be held in Blytheville, Arkansas on October 8th and 9th and will include a tour of the Nucor Hickman flat rolled mini-mill.
The workshop is intended for those who are relatively new to the industry, those who would like to gain a deeper understanding of the steelmaking process (both flat and long products) as well as an appreciation of some of the key market fundamentals which drive steel prices. Past attendees include sales and purchasing professionals (both new and experienced), inside support staff, logistics and operations people as well as executives either changing positions or looking for a refresher course.
More information about our program and registration can be found on our website:www.SteelMarketUpdate.com or by contacting our office: info@SteelMarketUpdate.com

John Packard
Read more from John PackardLatest in Steel Products

CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.

Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.

CRU: Construction of pilot plant for green steel process starts
Voestalpine and partners have begun building an industrial-scale Hy4Smelt demonstration plant in Linz, Austria, which they hope will become key in the decarbonization of steel.