Final Thoughts

Final Thoughts

Written by John Packard


This will be a crazy busy week for all of us here at Steel Market Update. Besides working on final preparations to launch our new website we will be conducting our early November steel market survey and we are finishing up on a private steel industry training workshop for one of the domestic steel mills.

As we move into 2014 our intention is to begin to expand our listing of available training workshops. We will have more on those being considered or in development after the new website comes online.

For those of you who are unaware, our next Steel 101: Introduction to Steelmaking and Market Fundamentals workshop is available for registration. The workshop will be conducted in Mobile, Alabama which should be much warmer in early February than northern climates. The dates for the workshop are February 4 & 5th. We will tour the SSAB plate and hot strip mill which is located in Axis, Alabama just outside of Mobile.

Our Steel 101 workshops are designed for those new to the industry or just becoming acquainted with the industry. We also recommend it for those moving from one position to another within a company as well as those who just want a refresher course. Our instructors have over 160 years of combined experience within the industry as metallurgists, sales and sales management, purchasing and training.

You can find more details about our Steel 101 workshop on our website: www.SteelMarketUpdate.com in the Events section or you can click on the Steel 101 rotating banner at the top of our existing website.

As always your business is truly appreciated by all of us here at Steel Market Update.

Latest in Final Thoughts

Final thoughts

Last week was a newsy one for the US sheet market. Nucor’s announcement that it would publish a weekly HR spot price was the talk of the town – whether that was in chatter among colleagues, at the Boy Scouts of America Metals Industry dinner, or in SMU’s latest market survey. Some think that it could Nucor's spot HR price could bring stability to notoriously volatile US sheet prices, according to SMU's latest steel market survey. Others think it’s too early to gauge its impact. And still others said they were leery of any attempt by producers to control prices.