Final Thoughts

Final Thoughts

Written by John Packard

A note to remind you that we have a few spots left for our new Managing Price Risk II: Strategies & Execution workshop which will be held in Chicago at the CME Building at 20 South Wacker Drive. The workshop will be conducted over two days: June 24 & 25th. Our instructor will be Andre Marshall of Crunchrisk LLC with assistance from John Temples of SMU and myself. You can find details on the workshop in the Events section of our website.

I will be in the office all week this week but will be traveling to New York City next week to attend a number of workshops and dinners surrounding the Steel Success Strategies Conference. If you would like to meet with me while you are in NYC please send me an email: I will advise my cell number later in the week for those who may wish to connect at the last minute.

As I mentioned in the article above regarding our Steel Summit conference, we expect our room block to sell out quickly. We invite all of you to attend. If you have any questions, please contact our office at: 800-432-3475 or by email:

Check the Steel Summit schedule as this week progresses. We will be adding names of more speakers to the list.

If you are interested in becoming a sponsor or would like to have a booth at our conference please contact

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

John Packard, Publisher

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.