Final Thoughts

Final Thoughts

Written by John Packard


A reminder that I will be in New York City beginning on Monday, June 13th and Tuesday, June 14th. I have a number of commitments but, if you would like to get together with me please shoot me an email: John@SteelMarketUpdate.com or you can text me while in NYC at: 770-596-6268. I will be at the Platts steel meeting on Monday morning, CME Group event on Monday afternoon and the Bank of America Merrill Lynch dinner on Monday evening. You may also come across me in the Sheraton Hotel lobby on Tuesday which is where the Steel Success Strategies meeting is being held.

Our next Steel 101: Introduction to Steel Making & Market Fundamentals workshop will be held in Memphis, Tennessee on November 15 & 16, 2016. The workshop will include a full tour of the Big River Steel mill and a special networking/dinner with key Big River Steel people. We already have 9 reservations for this workshop and I expect it to sell out very quickly. We should have our registration page up and running by later today or at the latest on Friday of this week. If you have any questions please contact us at: 800-432-3475.

As many of you are well aware, one of our data suppliers for our Comparison Price Indices pulled out late last year. Since then we have been operating using our own data and that of two other indexes: SteelBenchmarker and Platts. At this point in time I think the data is more valuable to our readers in other formats (our futures articles for example) and I am thinking of removing the Comparison Price Indices article from our Sunday evening edition of SMU. Before I do that I wanted to give our readers a heads up and allow you to voice any objections that you might have. You can do so by sending me an email at: John@SteelMarketUpdate.com.

We have had a strong week of registrations for our Steel Summit Conference. We are now about 120 registrations ahead of last year’s pace. We encourage everyone interested in attending to register early and to book your hotel room early as we expect the hotel block to be sold out quickly and the hotel itself to be full. There is another Marriott property across the street so I think we will be able to handle everyone but you never know… You can register online: www.SteelMarketUpdate.com in the Events section of the website or you are welcome to contact our offices at: 800-432-3475.

As always your business is truly appreciated by all of us here at Steel Market Update.

John Packard, Publisher

 

 

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Final thoughts

What's the tea in the steel industry this week? Here's the latest SMU gossip column! Just kidding... kind of. Yes, some of the comments we receive in our weekly flat-rolled market steel buyers' survey are honestly too much to put into print. Some make us laugh. Some make us cringe. Some are cryptic. Most are serious. We appreciate them all. Below are some highlights from our survey results this week. Some of the comments that we can share with you are also included, in italics, in the buyers' own words, with minimal editing on our part.