Final Thoughts
Final Thoughts
Written by Brett Linton
June 5, 2015
You have 23 days (as of today) to take advantage of our early bird special registration rates for the SMU Steel Summit Conference which will be held on September 1 & 2, 2015. For our regular customers (subscribers) when you take the early bird special rate and include the $100 per person discount given to member companies the price quickly drops from $1200 per person to $900 per person. We encourage those of you who are planning on attending to register early, and then convince others within your company, suppliers or customers to join you in Atlanta.
I will be in New York City beginning tomorrow late afternoon (Monday) as I will be attending the Bank of America Merrill Lynch dinner and other events surrounding the Steel Success Strategies conference. I will be in NYC through Wednesday afternoon. If you would like to meet with me while I am in NYC you can email me: John@SteelMarketUpdate.com or text me: 770-596-6268. I will also be around the Sheraton Hotel off and on as I go from meeting to meeting.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
Brett Linton
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Final thoughts
SMU has heard from some larger buyers who have stepped back into the market to buy at prices that, if not at a bottom, they assess to be close to one. Is it enough to stretch out lead times and send prices upward again? Or do we continue to scrape along the mid-$600s per short ton (st) as we have been doing for most of the last month?
Final thoughts
Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves had some insightful things to say today about the steel market and about a conference we suspect might be Steel Summit.
Final thoughts
They say a picture is worth a thousand words. Well, when you add in some commentary from respected peers in the steel industry to those pictures, that may shoot you up to five thousand words, at least. In that spirit, we’ve added some snapshots from our market survey this week, along with some comments from market participants.
Final thoughts
I thought we’d have more clarity this week on Section 232, Mexico, and a potential carve-out for steel melted and poured in Brazil. As of right now, the only official comment I have is from the Office of the United States Trade Representative (USTR).
Final thoughts
There are just 40 days left until the 2024 SMU Steel Summit gets underway on Aug. 26 at the Georgia International Convention Center (GICC) in Atlanta. And I’m pleased to announce that it's official now: More than 1,000 people have registered to at attend! Another big development: The desktop version of the networking app for the event has officially launched!