Final Thoughts
Final Thoughts
Written by John Packard
July 11, 2016
We discovered earlier today that our office phones (including our 800 number) are down and calls are not being transferred or going to voicemail. We are in touch with Comcast to get the issue resolved. Although we understand it is a system wide failure not just our phones. In the meantime, if you need to reach the office regarding questions, registration or other issues please contact Brett Linton at 706-216-2140. He can also be reached at: Brett@SteelMarketUpdate.com. If you need to speak with me I can be reached at 770-596-6268 or by email at: John@SteelMarketUpdate.com. You can keep these numbers and email addresses in your SMU “happy place” should you ever have issues trying to reach our offices.
We have officially exceeded the number of registrations we had for last year’s Steel Summit Conference and we still have 48 days to go. We do have a list of companies listed on our website (just below the sponsors on the right hand side of the Steel Summit pages). If you want to know who exactly is registered you will need to be registered yourself. Then you can use our SMU Events App (available in your App store at no cost) to search attendees.
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!