Final Thoughts
Final Thoughts
Written by John Packard
January 27, 2017
Please be advised that I will be traveling to Tampa, Florida and will be at the Port of Tampa Steel Conference on Monday and Tuesday of this week. I will return to my office on Wednesday. For those of you who have not been to a steel conference, the Port of Tampa is a good one that will not break the bank. Of course, if you only can go to one steel conference, I highly recommend our own Steel Summit Conference which will be in Atlanta, Georgia at the end of August (28th, 29th and 30th of August).
We are going to begin our early February flat rolled steel market analysis (survey) beginning at 8 AM ET on Monday, January 30th. We will send out approximately 630 invitations to people representing over 600 companies involved in the production, distribution, manufacturing or processing of flat rolled steel. The vast majority of the invitations focus on manufacturing and distribution which are the two largest buying segments for the steel mills. We will be asking questions about whether those in the industry think flat rolled steel prices have “peaked” or does the bull have room to run?
This coming week should be interesting (just like every other week in the steel industry). If something comes across your desk or, if you become aware of changes in the marketplace, please shoot me a note: John@SteelMarketUpdate.com
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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Sheet prices didn’t roar back after Labor Day. But steel market news sure came out of the gate strong (or maybe chaotically is the better way to put it). First, the nearly $15-billion proposed sale of U.S. Steel to Nippon Steel exploded into the news. And when I say exploded, I mean that all sides seem to be escalating things now.
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Welcome back from Labor Day, from Steel Summit, and from whatever fun you might have had over the long weekend. Personally, I enjoyed camping with friends and family near Starved Rock. No one starved, there were no major injuries, and we enjoyed the many splendors of Mystical Fire. (Speaking of which, does that have industrial uses? But I digress.)
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I want to say a huge ‘thank you’ from all of us at SMU to all of you (more than 1,500!) who attended Steel Summit this year. We appreciate you taking time out of busy schedules to join us – whether that was up on stage, submitting thoughtful questions, or catching up over a drink and bite to eat. Also, a bit shoutout to everyone at SMU and at CRU who made this event possible. It’s no understatement to say that we have a fantastic team.
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Day one and two of SMU's Steel Summit 2024 are officially in the books. We covered a lot of ground, and the agenda sure did deliver.
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The big show is just about here. SMU Steel Summit will be getting underway on Monday. Where does the networking begin? I’d say at the airport. So don’t forget your business cards. And it can't hurt to wear a company golf shirt.