Final Thoughts
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Final Thoughts
Written by John Packard
June 10, 2015
I was able to pick up a number of sponsors for our Steel Summit Conference. We now have commitments from: Magic Coil Products, Pacesetter Steel, Alliance Steel and Cargill. We thank those who support our efforts to produce quality steel workshops and conferences. Sponsors, such as the ones named above, help us keep our conference affordable. Compare our $1200 full price to that of Steel Success Strategies at $2399.
A quick reminder that we are still working on our early bird rates for the 2015 Steel Summit Conference which takes our $1200 full price down to $1000. Early bird ends on July 1, 2015.
When you add in another $100 per person discount for Steel Market Update member companies you got a heck of a deal for a two day conference with the likes of Dan DiMicco, Alan Beaulieu, Chris Kuehl, Kevin Dempsey, Lewis Leibowitz and many, many more quality speakers/presenters. Registration is open on our website or by contacting our office: 800-432-3475. If you need an invoice we can do that. Want to send cash? We can take that as well.
For those of you in the Chicago area, I will be there mid-week this coming week. I am speaking at a Bank of America dinner on the 17th and both Ray Culley and I will be at the Association of Steel Distributors regional meeting at the Hotel Sofitel on the 18th.
We are getting close to announcing when I will be reporting from the deck of an 1000′ iron ore carrier on the Great Lakes. The plan is for me to travel from Duluth, Minnesota to Indiana Harbor and write/tweet about my experiences aboard the ship. Many thanks to Interlake Steamship Company who will be my host. You will be able to follow my tweets at: SMUsteel on Twitter.
I am trying to think of a good hashtag (#) for my posts coming off the ship. If you have any ideas you can send them to me at: John@SteelMarketUpdate.com.
If you have any questions you would like for me to research while on the ship – send those over to me as well.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
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John Packard
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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?
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
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.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
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.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
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).
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/11/SMU-Steel-Summit.png)
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!