Final Thoughts

Final Thoughts

Written by John Packard

I want to spend some time talking about the Steel Market Update website and the value that can be found there. Over the years we have tweaked and added new content to the site as we strive to provide more information to the industry and our readers.

The SMU Website

There are a number of areas of the website ( we think you should be aware of and spend some time studying. These include our flat rolled, scrap and plate steel pricing. You can find interactive graphics under the “Pricing” tab (or click here) at the top tool bar of our website. We have pricing on flat rolled going back to 2008 when Steel Market Update began indexing steel prices. This is available to all Executive and Premium level members.

website laptopUnder the Prices tab is our Price Estimator which allows you to put in a specific product (hot rolled, cold rolled, galvanized, Galvalume) with the thickness and width and it will create pricing based on our latest index average on that product. This is available to all Executive and Premium level members.

SMU Community Chat Webinar recordings. The live recordings are free to the public. Recordings of the webinars are available to Executive and Premium level members on our website and can be found under the SMU Community Chat tab on our toolbar. We have an extensive library, and our intention is to indefinitely continue producing these webinars as a way for us to keep the industry informed. This section of the website also contains the PowerPoint presentations for each of the speakers as well as the SMU presentations that were made prior to the host speaker beginning.

Our Premium level members have access to our steel market analysis PowerPoint presentations. This information comes from the surveys we conduct every other week. The presentations put the responses into historical perspective to assist our members in better understanding both the data and the trends. We have an extensive library of information and data gleaned from these surveys on the website. You can find this information under the Analysis tab.

Our Premium level members also have access to the Service Center Inventories and Shipment Data we have been producing for the past few years. We believe our data is the most accurate and complete in the market due to the way we have worked to ensure the mix of companies is representative of the entire service center segment. Also included in this area are the write-ups where we provide an interpretation of the data. This information is available under the Analysis tab.

We know our customers are interested in understanding more about steel mills, the new capacity being built as well as the status of the blast furnaces. Our Executive and Premium level members can find this information under the Resources tab on the tool bar on our website. On the drop-down screen go to Steel Mills and then you will get another drop down screen that has both of these items.

On that saJohn Packard Summit 18me drop-down screen under Resources-Steel Mills is information regarding the various steel mill coating extras by mill.  This information is updated whenever mills make changes due to the volatility in zinc and aluminum pricing. This information is available to our Executive and Premium level members.

We carry information about mill price increases announcements, our Key Market Indicators, and much, much more.

There are many drop-down screens that provide detailed information about steel prices, steel mills, present and past newsletters, information about steel sales and purchasing, events, and much more. I encourage you to take some time to interact with our website. Should you have any issues with the website, please reach out to

If you would like information as to how you can expand your current membership plan (add more people), upgrade from Executive to Premium, or become a new subscriber, please reach out to Paige can also be reached by phone at 724-720-1012.

2022 Tampa Steel Conference Update

Registrations continue to grow for the 2022 Tampa Steel Conference which is just four weeks away (Feb. 14-16). It is looking like this will be the best-attended Tampa Steel Conference in many years, if not in the entire history. We are seeing a wide range of companies deciding to attend this year. This includes manufacturing companies, steel distributors, steel mills, port facilities and warehousing, logistics companies, trading companies and suppliers to those industries. You can learn more about our program by clicking here or going to

Registrations Approaching 300 Executives from 160 Companies

The following companies registered for the 2022 Tampa Steel Conference over the past week (those with an * means more than one person registered to attend from that company): Advance Steel Co.*, Aegis Hedging Solutions, All Weather Insulated Panels, Clipper Americas Inc., Empire Stevedoring (LA) Inc. A Division of QSL, Georg North America Inc., Grand Steel Products Inc., Grupo Collado, High Steel Service Center, LB Steel, Martin Specialty Products*, McNeilus Steel, Inc.*, MidWest Materials, Inc., National Material Electrical, Polyvision, Prime Charter USA Inc., Trident Building Systems, and West Coast Metals.

You can join these companies by registering here or going to

SMU and CRU are aware of emails from third parties claiming to have the delegate list for this conference for sale. Please note, such emails are not authorized by SMU or CRU. We take safeguarding your data extremely seriously and we never sell our delegate lists. Our data security is highly robust and in-line with industry standards. If you receive an email asking if you want to buy the delegate list, we advise you delete the email and block the sender. If you have any additional concerns, please contact us at

Please be advised that the Marriott Water Street Hotel is sold out during our conference. There are several hotels located close by that include the JW Marriott Water Street, which is a brand new 5-star hotel. Other hotels for you to consider include the Embassy Suites Hotel by Hilton, which is located across the street from the Marriott Water Street Hotel. Here are some other hotels you might want to consider: The Westin Tampa Waterside, Hilton Downtown Tampa, Sheraton Riverwalk Hotel, Hyatt House Downtown Tampa and the Hampton Inn Tampa Downtown (Ybor City). Be aware the Marriott Water Street Hotel is located on the trolley line, so there are other options available in other parts of the greater Tampa area.

Regarding hotel reservations be aware that CRU/SMU has not, and would never, appoint an agency to handle hotel bedroom sales on our behalf. We block a number of rooms for our event, which you can directly book via a special weblink at a preferred conference rate that will be sent to you once you have registered. If you are approached by a company called Convention Housing Services or Exhibition Housing Services, or EHRS, or emailed by Global Housing Services (GHSCO) for bedroom bookings – these companies are NOT recommended by CRU – we strongly advise that you do NOT book any rooms with them. They cannot guarantee your booking and may charge you with additional fees that make them more expensive than they pretend to be.

Introduction to Steel Hedging Workshop – First Live Workshop

We will hold an Introduction to Steel Hedging Workshop in conjunction with the Tampa Steel Conference. The workshop will be conducted on Monday afternoon, Feb. 14, and will conclude on Tuesday morning, Feb. 15. The workshop will be held at the Marriott Water Street Hotel in Tampa, which is also the site of the Tampa Steel Conference. You do NOT have to be registered for the Tampa Steel Conference to attend. You can find more information about this workshop by clicking here.

Next SMU Community Chat Webinar – Jan. 26

The next SMU Community Chat Webinar will be on Wednesday, Jan. 26, at 11 a.m. ET and will feature trade attorney Alan Price of Wiley Rein LLP. Price has more than 30 years’ experience dealing with complex trade issues. This is a free event to anyone who wishes to register. You can register by clicking here.

SMU Steel Summit Conference – Aug. 22-24, 2022

Registration is now open for the 2022 SMU Steel Summit Conference which will once again be held at the Georgia International Convention Center in Atlanta. This conference is the largest steel event of its kind in the Western Hemisphere. We are anticipating 1,200-1,500 executives will attend this live event on Aug. 22-24. We are already working on procuring the cream of the crop speakers as we once again will be providing an interesting and educational program for the industry. Returning to our stage will be Alan Beaulieu of ITR Economics, Mark Millett of Steel Dynamics (and many other mill CEOs), and we are adding new faces as well. You can learn more about the conference and register by clicking here. We will be providing more information regarding our program after we have concluded the Tampa Steel Conference.

As always, your business is truly appreciated by all of us associated with Steel Market Update.

John Packard, Founder of Steel Market Update –

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