Steel Products
FREE Community Chat on Steel Mill Costing & Decarbonization Wednesday at 3:30 P.M.
Written by John Packard
March 14, 2021
On Wednesday, March 17, Steel Market Update will host John Packard (SMU CEO) and Ryan Smith, Senior Analyst covering global steel costing and decarbonization for CRU. This will be a special program in that Ryan resides in Sydney, Australia, thus the 3:30 p.m. EDST time instead of our usual 11 a.m. start time
Ryan Smith has spoken at two of our SMU Steel Summit Conferences and he is an interesting speaker with a solid grasp on the subject matter he will be covering. During our approximately 45 minutes together, we will discuss how U.S. steel mills fare against their global competitors (from a cost to produce perspective). We will also discuss where U.S. mills stand on the carbon cost curve and what decarbonization of the industry will mean to the domestic mills and their customers.
In our opinion, this is subject matter everyone in the steel industry needs to be paying attention to and learning more about.
You can register for this free event by clicking here or going to the SMU Community Chat Webinar tab on our home page.
Ryan Smith manages CRU’s Steel Cost Service – a service that provides comprehensive coverage of the global steel industry and details CRU’s independent view of the cost structures for semifinished, flat and long product steel. Steel Cost analysis provides insight into the investment decisions made by steelmakers, allows for an understanding of what drives competitiveness around the world and how it is forecast to change over time, and forms a key part of CRU’s Steel pricing methodology.
John Packard
Read more from John PackardLatest in Steel Products
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]
SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.
HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.
Beige Book: US markets remain cautious amidst volatile pricing environment
Sluggish economic activity across the US was largely attributed to uncertainty caused by tariff policies and growing cost pressures, according to the US Federal Reserve’s (The Fed) latest Beige Book report. The Fed’s latest economic report, posted on Sept. 3, consists of economic findings from the six weeks preceding Aug. 25 throughout 12 districts. Economic […]