Final Thoughts
Final Thoughts
Written by John Packard
August 19, 2015
You may have noticed that I haven’t been pushing the Steel Summit Conference quite as much as in the past. This is due to the fact that we are coming close to filling the space allotted. We are expecting a full house and a tremendous program. If you would like to attend we have not prevented anyone from registering which you can do online or through our office: 800-432-3475.
I would like to see more people register for our next Steel 101 workshop which will be held in Davenport, Iowa. Those of you in Missouri, Iowa, Minnesota, Kansas, Nebraska, Wisconsin and Illinois here is an opportunity to go through an exceptional program and tour a working steel mill. You can find more details about the workshop and registration on our website. You are also welcome to contact us in our office with questions or to register (and for those of you in the rest of the country you are invited to join us in Iowa as well!).
We will have more survey articles in Sunday night’s edition of Steel Market Update. For our Premium level members we will produce our second Premium newsletter this week tomorrow and we should have the survey Power Point presentation online by Friday afternoon.
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!