Steel Products

2019 SMU NexGen Leadership Award Nominations Due Aug. 1
Written by John Packard
July 25, 2019
Steel Market Update and the Steel Manufacturers Association are committed to promoting youth and encouraging more young people to consider careers in the steel and manufacturing industries. The 2019 SMU NexGen Leadership Award is just one of the ways we are recognizing the existing talent within the industry.
There is still time to get in your nominations for the 2019 SMU NexGen Leadership Award. We are looking for exceptional young people (max 35 years of age) who are making a difference in your company. Candidates must be actively employed with a manufacturing, distribution, fabrication, mill, toll processor or other mild carbon or advanced high strength steel using/producing company located in North America (U.S., Canada, Mexico). This is an excellent opportunity to showcase your company, the quality of your employees and the individual being nominated. Go to www.SMUAward.com for more information and how to submit your nomination. Should you have any questions, please do not hesitate to reach out to us at: Events@SteelMarketUpdate.com
The judges for the 2019 SMU NexGen Leadership Award are:
Phil Bell, President, Steel Manufacturers Association
Eddie Lehner, President & CEO, Ryerson
Lenore Trammell, Chief Administrative Officer, Big River Steel
Jack Bellissimo, Brand Manager, RACO, Hubbell Commercial Construction
John Packard, President & CEO, Steel Market Update
Nominations for the 2019 SMU NexGen Leadership Award are due by the end of the business day on Aug. 1, 2019. For more details, please go to www.SMUAward.com

John Packard
Read more from John PackardLatest in Steel Products

CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.

Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.

CRU: Construction of pilot plant for green steel process starts
Voestalpine and partners have begun building an industrial-scale Hy4Smelt demonstration plant in Linz, Austria, which they hope will become key in the decarbonization of steel.