Final Thoughts
Final Thoughts
Written by John Packard
April 8, 2016
We only have a few spots left for our upcoming Steel 101: Introduction to Steel Making & Market Fundamentals workshop. If you or your company has interest in attending the May 17-18, 2016 workshop, which will be located in Sylvania, Ohio (just outside of Toledo) at the Wingate Hotel, please register online or contact our office at 800-432-3475. The workshop will include a tour of the North Star Bluescope electric arc furnace steel mill.
The next Steel 101 workshop will be held in Memphis, Tennessee and will include a tour and expanded coverage of the brand new Big River Steel which is located just across the border in Arkansas. We are making final arrangements now but expect the workshop to be the first week of November 2016. More details will be coming in the following weeks.
Of course, between our May Steel 101 workshop and the first one to be held at Big River Steel in November will be our 6th Steel Summit Conference in Atlanta, Georgia. We want to thank our sponsoring companies: Pacesetter Steel, Big River Steel, Steel Dynamics, Tennessee Steel Haulers, Magic Coil Products, Alliance Steel & Kenwal Steel as well as our newest exhibitors: The Institute for Trends Research and Choice Energy Services.
We have a limited number of sponsorship spots left and exhibition areas available. If you would like more information about becoming a sponsor or exhibiting at our conference please contact us at: info@SteelMarketUpdate.com.
There is more information about our speakers in the article after this one.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
I wrote in a Final Thoughts a few years ago that it seemed all the swans were black. More recently, I’ve been asked by some of you what the wildcards are for 2025. You could probably make the case that all the cards are wild now.
Final Thoughts
SMU lets readers respond on their thoughts about President Joe Biden blocking Nippon's deal for U.S. Steel.
Final Thoughts
Some world-changing events happen in an instant. Others take many twists and turns. The outcome remains unknowable at every phase. That is, until you finally arrive at the end of the roller coaster, the safety bar lifts up, and you stagger off the ride. It appears such is the case with Japan’s Nippon’s Steel Corp.’s (NSC’s) proposed $14.9-billion buy of Pittsburgh-based U.S. Steel. And the ride ain't over yet.
Final Thoughts
I’m not sure what to say about President Biden’s blocking Nippon Steel’s deal for U.S. Steel that hasn’t already been said. I think it’s fair to say, as U.S. Steel CEO David Burritt did, that this was ultimately all about politics and had very little to do with national security. SMU has tried to remain […]
Final Thoughts
We never eat chicken on New Year’s Day. My Irish-Catholic grandmother thought it was bad luck – because chickens scratch backward. And one should start the year looking forward. But it’s hard to avoid the fact that we’re carrying a lot 2024 issues (and even 2023 ones) forward into 2025. That’s not all bad. We’re starting 2025 with SMU’s hot-rolled coil price at $675/per short ton (st). That’s $370/st lower than $1045/st at the outset of 2023, according to our interactive pricing tool. I think we can safely say that a decline of that magnitude won’t happen in 2025.