Final Thoughts
Final Thoughts
Written by Becca Moczygemba
April 27, 2023
The NexGen Metals Community held its first webinar on Wednesday, featuring special guest Philip K. Bell, president of the Steel Manufacturers Association. The webinars provide an opportunity for NexGen members to get up close and personal with some well-known, highly experienced individuals in the steel industry.
Bell generously shared 45 minutes of his time with a group of up-and-coming industry professionals. During that time, he discussed his own career path and various ways young professionals can grow their own career.
When I ask people what they love most about the steel industry, they typically say the people and relationships. Along with career advice and words of wisdom, Bell shared with the group the importance of expanding one’s network and knowledge. And that through your network you can expand your knowledge. But that advice doesn’t apply to only industry newbies. Everyone can continue to grow their network, whether for business deals or just to have someone to talk with and discuss market conditions.
The Global Steel Climate Council (GSCC) announced the draft of the Steel Climate Standard this week. (In case you missed it, we wrote about it here.) To create a global standard for steel production is not only a massive undertaking, but a significant evolution. As the industry changes, we will all have to adjust and change with it. It is truly a pivotal time in the history of steel, and we get to be part of it. It’s the perfect time for more experienced individuals to mentor those who are just starting or who are growing. Through mentorship, the knowledge of today gets passed down to the movers and shakers of tomorrow. Whether it’s career advice or technical knowledge, it’s all valuable.
The GSCC is affording the public an opportunity to review the Steel Climate Standard and leave their comments. I’m curious to hear what people in my network think about it, and it will definitely be a topic of discussion for quite some time. What will the steel industry look like five or ten years from now? Though we can’t know for sure, we can continue to cultivate an environment where we are always talking and teaching, listening and learning.
By Becca Moczygemba, becca@steelmarketupdate.com
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Becca Moczygemba
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Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves had some insightful things to say today about the steel market and about a conference we suspect might be Steel Summit.
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They say a picture is worth a thousand words. Well, when you add in some commentary from respected peers in the steel industry to those pictures, that may shoot you up to five thousand words, at least. In that spirit, we’ve added some snapshots from our market survey this week, along with some comments from market participants.
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I thought we’d have more clarity this week on Section 232, Mexico, and a potential carve-out for steel melted and poured in Brazil. As of right now, the only official comment I have is from the Office of the United States Trade Representative (USTR).
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There are just 40 days left until the 2024 SMU Steel Summit gets underway on Aug. 26 at the Georgia International Convention Center (GICC) in Atlanta. And I’m pleased to announce that it's official now: More than 1,000 people have registered to at attend! Another big development: The desktop version of the networking app for the event has officially launched!