Final Thoughts
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Final Thoughts
Written by John Packard
March 18, 2016
A quick reminder that our next Steel 101 workshop which will be held just outside of Toledo, Ohio on May 17-18th of this year, is about half full. We already have an excellent group of manufacturing companies, service centers and steel mills attending. On the afternoon of the first day we will tour the North Star Bluescope steel mill and that evening North Star Bluescope along with Steel Market Update is sponsoring our networking cocktail party and dinner at an excellent restaurant named Treo. More information and registration can be found on our website: www.SteelMarketUpdate.com. If you have any questions please send them to: info@SteelMarketUpdate.com or contact our offices at 800-432-3475.
I also want to thank those of you who have already made reservations for our 6th Steel Summit Conference which will be held on August 29-31, 2016 in Atlanta, Georgia. For the third time we will host our conference at the Georgia International Convention Center which is located adjacent to the Atlanta International Airport. No need for expensive cabs rides or car rental. From the airport you just take the SkyTrain directly to the Marriott Gateway Hotel and the GICC (1st Stop). Allow for 5 minutes (and zero dollars) from the airport to the convention center and hotel. Details about our program and confirmed speakers to date, as well as the company’s who attended last year are on our website.
A special thanks to the sponsors who have already signed up for this year: Pacesetter Steel, Big River Steel, Steel Dynamics, Alliance Steel, Kenwal and Magic Coil Products. We still have a few remaining sponsorship spots available and details can be found on our website or contact our office: info@SteelMarketUpdate.com.
Thank you again for your business as it 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.
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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!