Steel Products
Don't Forget To Register for Wednesday's Community Chat With Timna Tanners!
Written by Michael Cowden
June 27, 2022
Wolfe Research managing director Timna Tanners will be the featured speaker on our next SMU Community Chat webinar on Wednesday, June 29, at 11 a.m. ET.
Don’t miss it! You can register here. The live webinar is free for all. A recording will be available free only to SMU members.
We’ll talk about Tanners’ outlook for steel prices, raw materials costs, as well as her updated supply and demand forecasts.
We’ll also talk about the impact of the new EAF sheet capacity (finally) coming into the market. And, by the way, it’s not just sheet that’s adding capacity – so too are plate and rebar. How many micromills does it take before rebarmageddon is upon us?
We’ll try our best to answer these questions. And we’ll take your questions, too.
A respected analyst, Tanners is also one of steel’s highest-profile figures and consistently among the most popular guests on our Community Chats. Her position at Wolfe means she is regularly in touch with C-suite executives across the steel and metals industries. In short, she knows the pulse of the market – a valuable perspective to have as we navigate our way through another big market inflection.
As always, we’ll keep it to about 45 minutes. You can drop in, learn something – and then get on with your day.
Tanners will also be a speaker at the SMU Steel Summit conference in Atlanta on Aug. 22-24. Take a look here for the agenda and here to register.
By Michael Cowden, Michael@SteelMarketUpdate.com
{loadposition reserved_message}
Michael Cowden
Read more from Michael CowdenLatest in Steel Products
September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.
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.