Steel Products

Registration Open for Next Steel 101 Workshop, March 31-April 1

Written by John Packard


Steel Market Update’s 31st Steel 101: Introduction to Steel Making & Market Fundamentals Workshop, set for Merrillville, Ind., on March 31 and April 1, is now taking registrations. We will be working out of the Hilton Garden Inn in Merrillville, a short drive away from the NLMK Portage steel mill, which we will tour on the afternoon of the first day of the workshop.

We have a tremendous group of experienced instructors who are well able to take what they have learned over their illustrious careers and share it with our attendees. Our instructors have metallurgical, quality, sales and purchasing experience, which is a nice mix for this kind of workshop.

So, what can you expect from a Steel 101 workshop?

Steel 101On the first day we review how steel is made, both from integrated (blast furnace/BOF) and mini (electric arc furnace) mill perspectives. We also go over how steel is rolled to plate, hot rolled, cold rolled, galvanized and Galvalume and other flat products.

During the afternoon of this first day, we will tour the NLMK Portage steel mill. Our attendees will get to witness an electric arc furnace in action, continuous casting and the hot strip mill taking the slabs produced and rolling them to hot rolled coils.

If you have never been to a steel mill, it is an exhilarating experience watching scrap being melted to create red hot new molten steel, and then watch that same red hot steel be cooled to become a slab and ultimately rolled to a new hot rolled coil. Sparks and flames to blue/gray steel coils.

On the second day of the conference, our instructors will demonstrate how various qualities of steel are produced, what impact residuals have on the process, and what the ASTM specifications mean.

We also will work on how steel is bought and sold, using a hands-on demonstration on how base prices and extras work. We will also discuss the fundamentals of the steel market, why prices move the way they do, and how our attendees can keep track of the markets once they leave our workshop.

As part of the workshop, attendees will receive a 120+ page workbook, as well as a three-month subscription to our Premium Steel Market Update newsletter, and full website access.

We always have a diverse group of attendees for each workshop conducted. This is one of the benefits associated with attending a SMU event. Our workshops are well received as you can tell by this testimonial from one of our attendees earlier this month at our Steel 101 workshop in California where we toured the California Steel Industries facility: “The Steel-making 101 workshop is an excellent training and learning opportunity for any professional that buys, sells, fabricates or has a financial interest in the steel industry. The instructors are extremely knowledgeable in all segments of steel-making and downstream steel products and they bring energy and enthusiasm to the workshop. The opportunity to tour California Steel and learn from the mill personnel was excellent.” Michael Petruski, Managing Director, Great American Group Appraisal and Valuations Services, a B. Riley Financial Services (RILY) Company.

We have not raised our prices for this workshop in many years, and like all of our events there are discounts offered for SMU/CRU member companies, as well as those who send more than one person to the workshop.

You can click here to register and we look forward to seeing you in Indiana (just outside of Chicago) at the end of March.

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