Final Thoughts
Final Thoughts
Written by John Packard
November 6, 2015
I will be traveling to New York City tomorrow to participate in the Cowen & Company conference for the financial community. I will return to the office on Thursday morning.
For those of you keeping up with our move – all of the phones are working properly including our main 800 number (800-432-3475). You are also welcome to send emails to: info@SteelMarketUpdate.com should you have questions, housekeeping issues with your account or if you would like to add new people, upgrade to Premium, etc.
We will have more information coming out over the next couple of weeks regarding our Leadership Summit Conference which will be held at the PGA National Resort & Spa in Palm Beach Gardens on March 7-9, 2016. Please mark your calendars as this will be a unique conference at a special location at the right time of the year.
Booking is going well for our next Steel 101: Introduction to Steel Making & Market Fundamentals workshop which will be held at a brand new Marriott Hotel (just opened its doors last week) in Starkville, Mississippi. The dates are January 19-20, 2016. The hotel is about 20 minutes away from SDI Columbus which will be hosting our mill tour. Registration is open and available online or you are welcome to contact our office.
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!