Final Thoughts
Final Thoughts
Written by John Packard
April 11, 2018
Our 8th SMU Steel Summit Conference registrations are quickly approaching 300 executives. With 136 days still to go, we are confident we will set another record attendance. Over the past two days we have received registrations from the following companies (those with a * next to their name means there is more than one person attending from their company): Overhead Door*, Nucor*, Ryerson*, Wabash National, Honda of America*, Acuity Brands Lighting, Klauer Manufacturing, Mainline Metals*, Berlin Metals*, Leeco Steel* and West Coast Metals*.
You can join those and the hundreds of other companies who will be attending this year’s conference in Atlanta on Aug. 27-29, 2018, by going to www.SteelMarketUpdate.com/events/steel-summit to register. You can also contact our offices at 772-932-7538. If you have questions, you can email them to info@SteelMarketUpdate.com.
Late this afternoon, UPI told their customers that their July order book is now closed.
It’s been a busy week and there is still another day to go…
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!