Steel Products
Largest Steel Conference in 2020 Begins TODAY!
Written by John Packard
August 23, 2020
Today we finally go LIVE! The platform is now open. There is content beginning at 9 AM this morning. We will open the 2020 SMU Steel Summit Conference officially at 10 AM ET. This being an unusual year, we came up with an unusual opening, and one that I think you will not want to miss.
Some quick facts – we are around 870 registrations as of Sunday, Aug. 23. We met and exceeded our attendee goals for a virtual event. This will be either the second or third largest Summit Conference we have ever hosted. It will be the largest virtual steel conference in the Western Hemisphere this year. It will also be the largest gathering of flat rolled and plate people for any conference (live or virtual) in North America during calendar year 2020.
On Friday and Saturday, we received registrations from these companies: International Trade Commission*, DC Metal Sales*, ArcelorMittal USA, Alliance Steel, Kataman Metals, Gibraltar Industries*, Champion Iron Limited*, Stemcor USA, Inc., Matandy Steel & Metal Products*, Vision Metals, USG, Hascall Steel Company, Key Business Solutions LLC, L&W Supply, Kingspan Insulated Panels, Olympic Steel*, Norfolk Iron & Steel*, EXLTUBE, Precoat Metals, Cooper Consolidated LLC, Autlan, Accurate Steel Fab, LLC, Arrow Tru-Line, Universal Steel…(items with a * mean more than one person registered).
If you want to join close to 900 executives associated with manufacturing, distribution, steel mills, trading companies, toll processors, the financial community, logistics and more, go to www.smusteelsummit.com or click here.
If you have questions, please send them to conferences@SteelMarketUpdate.com
John Packard
Read more from John PackardLatest in Steel Products
Nucor holds weekly HRC price steady after last week’s cut
Nucor chose to hold its consumer spot price (CSP) for hot-rolled (HR) coil steady this week after stunning the market last week with a significant price decline. The steelmaker said in a letter to customers on Monday morning that its $760-per-short-ton (st) CSP base price for HR coil is effective immediately. The price is unchanged from the CSP announced on May 6 but down $65/st from $825/st April 29.
US CR tags ease, premium over imports still high
Offshore cold-rolled (CR) coil prices remain much less expensive than domestic product, even as domestic prices have slipped to a six-month low, according to SMU’s latest check of the market.
Steel imports strengthen through April licenses
March 2024 represents the third highest monthly steel import rate seen over the prior year.
Active rig counts mixed entering May
Drilling activity declined in the US but increased in Canada, according to the latest data from Baker Hughes.
AISI: US steel shipments slip y/y in March
US steel mill shipments dropped in March on-year but were up from February, according to the most recent figures from the American Iron and Steel Institute (AISI).