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
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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!