Final Thoughts
Final Thoughts
Written by John Packard
August 5, 2015
We released our Steel Summit Conference App this morning to all of our attendees. Almost immediately I got my first comment from the president of a manufacturing company who downloaded the App. “John, the app is excellent. Clean look and easy to navigate. Looking forward to seeing you next month.”
The comment was made on our “Activity Feed” which means it is visible to everyone who has downloaded the App and has a login and password (which only need to be used once, after that the App will recognize you and your mobile device).
By the way, the App looks sharp on the screen of your mobile device. I have copied a photo of the logo which is to the left. Not shown is under the logo it says “SMU Events.”
Ray Culley wrote an article about the App which is published in tonight’s newsletter (above). Even if you are not attending our Steel Summit Conference read the article and become better acquainted with our App as we will be using it in other conferences in the future.
I also want to point out that our next Steel 101 workshop is open for registration. The workshop will be in Davenport, Iowa (about 2-3 hours west of Chicago) and will include a tour of the SSAB mini-mill. If you have any questions please do not hesitate to contact us: info@SteelMarketUpdate.com. Details can be found on our website.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
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?
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!