Due to the Labor Day Holiday, Steel Market Update will not publish our newsletter on Sunday evening. We will publish again on Tuesday evening which is the night prior to the opening of our conference. Thursday we are not planning on producing a newsletter – or, if we do it will be a limited issue – due to our entire team being involved with our Steel Summit Conference on Wednesday and Thursday of next week.
We will conduct our early September flat rolled steel market survey beginning on Tuesday, September 2nd. We will conduct the survey through Friday.
Steel 101 registrations are still open for our October 7 & 8 workshop which will be held in Ft. Wayne, Indiana and will include a tour of Steel Dynamics Butler, IN flat rolled mini-mill. Come join us to learn more about the steelmaking process (both EAF and blast/BOF), how qualities are made, how steel is sold and how commodities and other factors affect pricing, etc. Our instructors will all be at the Steel Summit next week. If you are there and have questions please visit our Events booth.
I look forward to meeting many of you at this year’s Steel Summit. We have already made a decision to hold the 2015 SMU Steel Summit Conference on September 1 & 2nd. Exact location will be determined shortly after this year’s conference concludes. We will spend the next six months looking for the absolute best speakers and program possible.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Pubisher
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Latest in Final Thoughts
A big "thank you" to Wolfe Research and Timna Tanners for organizing a lunch in today in Chicago with a group of steel industry participants and investors.
Sheet prices fell again this week, this time not on fears of a United Auto Workers (UAW) union strike but on the actual thing.
The United Auto Workers (UAW) strike that started Friday leaves the Detroit 3 automakers—and it’s union-represented workers—in uncharted territory.
SMU Managing Editor Michael Cowden shares his Final Thoughts for the week on what happens to steel if the United Auto Workers (UAW) launch a series of “stand up” strikes at midnight tonight against Ford, General Motors, and Stellantis?
Sheet prices have fallen to their lowest point of the year - just below $700 per ton ($35 per cwt) when it comes to hot-rolled coil (HRC).