Final Thoughts

Final Thoughts

Written by John Packard


We are now 11 days away from the start of the 2022 SMU Steel Summit Conference at the Georgia International Convention Center in Atlanta. As of Wednesday, we had 1,174 registered attendees from all over the world.

This year’s conference will be the largest one ever conducted by Steel Market Update, and it will be the largest flat-rolled and plate steel focused conference in North America.

John Packard Summit 18

Michael Cowden, David Schollaert, and I have been working closely with all our speakers to ensure we are touching on the most important subjects affecting the industry. This includes steel price forecasts, decarbonization, capacity expansions, changes to the global industry, trade, distribution, transportation, electric vehicles, the economy, and much more.

You will want to be there early on Monday, Aug. 22, and you will want to stay until the end at 2:30 p.m. on Wednesday.

Networking is one of the keys to our conference, and we highly recommend you wear golf shirts with your company name on it (or something similar) to help facilitate discussions with your peers.

Reservations continue to be strong, and we are now approaching 1,200 registered executives for this year’s conference.

The following companies registered over just the past few days. Those with an * have registered more than one person: Aisha Steel Mills Limited, Area Transportation*, ATW, Challgren International Iron Trade, Chamberlain Group, CMC Commercial Metals, Combined Metal Industries*, Controladora Mabe SA de CV*, Electrolux, Enmark Systems Inc.*, Global Principal Partners, GridBeyond, GS GLOBAL USA INC.*, Howard Industries Inc., Lakehead Constructors*, Liberty Steel Products, Madix Inc.*, Maverick Steel, Metal Sales Manufacturing, Miami Valley Steel Service*, Morgan Stanley, New Process Steel, Omni International Resources Co. Pte, Pencco, Pierce Aluminum, Port of Corpus Christi, Procure Analytics, Sector 3 Appraisals, Serviacero Tubulares, SMS group Inc.*, Southland Advisors, Steelinvest Ltd., USG Corp., Yıldız Demir Çelik*.

You can join the 450+ companies already registered by clicking here.

A Note on Hotels

The hotels within walking distance of the Georgia International Convention Center are sold out. This includes the Atlanta Airport Marriott Gateway, the SpringHill Suites, the AC Hotel, and the Renaissance. We still have a limited number of rooms available in our room block at the Atlanta Airport Marriott hotel, which is about one mile from the convention facility. We will have a shuttle running from that hotel to the convention center Monday through Friday. You can access our room block special rate by clicking here.

We are looking forward to seeing you in Atlanta.

John Packard, SMU Founder

John@SteelMarketUpdate.com

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Final thoughts

Last week was a newsy one for the US sheet market. Nucor’s announcement that it would publish a weekly HR spot price was the talk of the town – whether that was in chatter among colleagues, at the Boy Scouts of America Metals Industry dinner, or in SMU’s latest market survey. Some think that it could Nucor's spot HR price could bring stability to notoriously volatile US sheet prices, according to SMU's latest steel market survey. Others think it’s too early to gauge its impact. And still others said they were leery of any attempt by producers to control prices.