Final Thoughts

Final Thoughts

Written by John Packard

Nucor and USS/POSCO announced new coating extras today, and SMU learned U.S. Steel will provide their new extras in about a week and Steel Dynamics will announce their numbers within the next few days. Coating extras have dropped due to lower zinc costs on the LME over the past few months. SMU expects all of the domestic steel mills will have lower coating extras within the next week or two.

The 2018 SMU Steel Summit Conference was an outstanding success. We had 912 attendees, 182 new companies and 446 first-time attendees. I was told by virtually everyone with whom I had contact that the conference was the best one yet. This is especially gratifying to Ray Culley, Jill Waldman and myself as we spent many months vetting and selecting topics and speakers. The program was diverse yet timely. There were many sessions where our attendees made their way into the exhibition areas of the lobby of the GICC and discussed what they had just heard. We also heard from attendees some of these conversations would continue back at their offices.

“It was excellent.  I never experienced one better.  Believe me, over 48 years I have attended many.”

“Nice conference. [I] was able to connect with many, many faces I had not seen in a long time. Reminded me of the Annual MSCI meeting back in the day.”

“Great conference, sir! Kudos, everyone I spoke with loved it.”

“Great conference again this year, John.”

“Outstanding SMU conference all around. Adding to my don’t miss list and bringing more from my team next year. Great speakers. Great flow. Loved the multiple perspectives. Great app.”

Jonathan Samples of Metal Center News wrote an excellent piece on our conference:

…My first comprehensive examination of the steel industry came one year ago today, when I attended Steel Market Update’s 2017 Steel Summit. I didn’t know it at the time, but conferences such as Steel Summit would come to play a crucial role in my development and eventual understanding of the steel industry.

And after a year in which I attended many of the major metals conferences in North America, I can say with a fair degree of certainty that Steel Summit is at the top of its game when it comes to comprehensive, engaging and entertaining coverage of the industry.

The eighth annual Steel Summit is being held this week in Atlanta, and once again, SMU’s annual conference has outdone itself. Attendance at this year’s conference increased nearly 40 percent to 912 people, as more and more folks learn about the benefits of this worthwhile event….” To read the full article click here.

We are already working on the 2019 conference, which will be held on Aug. 26-29 in the Georgia International Convention Center (GICC) adjacent to the Atlanta International Airport. Mark your calendars and put us in your budget for 2019.

Note that due to the Labor Day Holiday, we will not publish on Sunday evening. We will resume our regular schedule on Tuesday.

It was a long drive back to my office. Thank you to everyone who helped make our conference the best one ever – Ray Culley, Jill Waldman, Brett Linton, Diana Packard, Alison Lalonde, Mario Briccetti, Tim Triplett, Sandy Williams, Chuck McDaniels, Steve Painter and Jeff Lalonde.

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

John Packard, President & CEO

Latest in Final Thoughts