Final Thoughts
Final Thoughts
Written by John Packard
November 13, 2015
Our thoughts and prayers go out to those affected by the events in France on Friday evening. Our hope is that the world can use the events of the past few weeks in order to galvanize efforts to ultimately rid those who would prefer the world in Chaos.
We have opened registration for our Leadership Summit which will be held at the PGA National Resort & Spa in Palm Beach Gardens, Florida on March 7-9, 2016. We remind everyone that we are limiting registration for this event and we have a limited number of rooms blocked. You can register on our website or through our office: 800-432-3475. As with other conferences hosted by Steel Market Update we offer a discount for your SMU membership (this one is $150 per person) and we have another discount for early bird registration ($250 discount good through January 1, 2016).
Our mid-November flat rolled steel market analysis will begin at 8 AM ET on Monday morning. If you receive an email invitation please click on the button which will take you to the questionnaire which is hosted by SurveyMonkey.com.
If you would like to be added to our survey invitation list please shoot me an email at John@SteelMarketUpdate.com.
If you would like to learn more about upgrading or becoming a Premium level member please contact our office at info@SteelMarketUpdate.com or 800-432-3475.
As always your business is truly appreciated by all of us 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!