Steel Products
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/9fba07f144c4abd60aaeaed5b22341a3.jpg)
2020 SMU Steel Summit Conference Update
Written by John Packard
July 13, 2020
After providing Tom Cullen, CEO of Magic Coil Products, a sneak preview of the platform for the 2020 SMU Virtual Steel Summit Conference he told us, “Wow! There is a lot to this.”
So far, every single industry executive with whom we have shared insights into our platform (think of a platform as a special website dedicated to just our conference) have been amazed at the amount of work we have done to ensure our attendees enjoy the experience. Enjoyment will come from being entertained with quality presentations on subjects of importance as well as the ability to network with existing customers or suppliers and make new contacts.
Yesterday, we shared the platform with one of our sponsors who asked the question, “Why do I need to send more than one person to the event, when I can just share my screen with them?”
The answer is “networking.” Just like a live conference, successful networking is done through introductions and one-on-one conversations. If there is only one person there from your company, then your opportunities to conduct meetings and meet new people are going to be greatly reduced. We will have hundreds of companies attending and the best time to network is when they are online interacting with our platform. Besides, the cost is very reasonable at $350 for SMU/CRU members sending more than one person to the event. No travel costs, no hotel, no restaurant charges, no hangovers….
Another reason is you finally have an opportunity to expose young executives in sales, purchasing, marketing, finance, customer service, etc., to a conference that will help them in so many ways as they strive to make their mark on the industry. It won’t cost you $2,000-$4,000 to send an attendee. For $350-$450 per person you can expose them to numerous steel mill executives (including CEO’s), industry analysts (many not seen on webinars) and economists, steel buyers and industry experts. And we have a youth program that your human resources people are not going to want to miss. Oh, and we have an expert on elections and election ethics to discuss this year’s presidential and congressional votes. Oh, and they get to interact with other attendees…
Speaking of youth… we are taking nominations for the 2020 NexGen Leadership Award. We decided today to offer a free registration to this year’s conference for any qualified nominee. For more information about how to make a nomination and who is qualified click here or send an email with your questions to: Events@SteelMarketUpdate.com
Here are some of the registrations from today: New Process Steel*, ArcelorMittal, McNeilus Steel*, Emerson Electric*, Goldman Sachs*, Valmont, Zeeco Metals, General Stamping & Metalworks*, Tokusen USA, Inc., Whirlpool, Andritz ASKO, Weyland GmbH, Carlisle Construction, BlueScope Steel America*, Arrowhead Steel (* denotes more than one person). For a look at the companies registered to attend, please click here. If you do not see your company on the list, and you believe that is an error, please reach out to: Events@SteelMarketUpdate.com
To register click here.
If you have questions about the conference, please send them to Events@SteelMarketUpdate.com or you are welcome to direct them to me at John@SteelMarketUpdate.com
As always, your business is truly appreciated by all of us at Steel Market Update.
John Packard, President & CEO
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/john-packard.png)
John Packard
Read more from John PackardLatest in Steel Products
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/10/CMC-New-Logo.png)
CMC to open rebar fabrication facility in Ohio
Longs producer and metal recycler CMC plans to open a new rebar fabrication plant in Akron, Ohio.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/steel_trade.png)
US and Mexico take action to curb ‘unfair’ trade
The US and Mexico announced measures on Wednesday to prevent tariff evasion and protect North America’s steel and aluminum industries.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
Final thoughts
First off, we hope everyone had a safe and happy July 4th holiday, with fireworks seen and BBQs attended. Many parts of the country are quite toasty at the moment, signaling that, yes, summer has indeed arrived. And looking at our most recent survey results, the summer doldrums have arrived as well.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/12/Rig_count_pic_3-scaled.jpg)
Active rig counts recover in US, slip in Canada
US drill rig activity moved back up last week after drifting lower for four straight weeks. Meanwhile, Canadian counts slipped for the first time after a seven-week rally, according to the latest data from Baker Hughes.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: US steel shipments up in May from April, off from 2023
Domestic steel shipments increased in May month over month but have fallen on-year.