Final thoughts

International relations

Call us optimistic, but we think 2124 will be the year when the EU and US reach a final deal on The Global Arrangement on Sustainable Steel and Aluminum. Yes, it’s been over a hundred years in the making, and generations of negotiators are not even sure what they are negotiating at this point. However, a general consensus has formed that if the can is kicked any further, said can will simply turn into dust.

‘X’ marks the spot

In a deal valued at $15 ga-gillion (inflation has not been kind to US dollar), Elon Musk has decided to buy U.S. Steel. Not the company, just the stock symbol. Musk, at this point only a disembodied consciousness uploaded into a quantum computer, has finally chosen to corner the market on all things X. While most general uses of the letter will require a licensing fee—in an act of charity—the word “Xmas” will be deemed fair use.  

Roads?

Have you ever looked at your smartphone with a disappointed look and said, “This is what I get for the future?” Well, not in 2124. Personal flying cars have gone mainstream, and into the jet stream. (Yes, the regulatory hurdles dragged on for about 100 years.) Sure, those hoping for highway infrastructure dollars might take a hit. However, steel companies will find a windfall in the new market for FCS (flying-car steel). Advanced, high-strength, and somehow anti-gravitational, look to FCS to be THE market of 2124.

Brown steel

With the success of net-zero initiatives by 2050 all over the world, an unexpected problem rears its head. Strange weather patterns appear and climate scientists warn that a new ice age is approaching. The only answer is, you guessed it: Recarbonization. Coal futures explode. The race will be on as the best and the brightest try to rediscover 19^th century open-hearth steelmaking technology. Will they do it in time?

Steel Summit 2124

With its exponential growth over the previous 100 years, there will be only one venue left big enough to host Steel Summit 2124: Mars. Luckily, advances in the FCS market have really brought down the prices on interplanetary travel. Also, it turns out the weather on Mars is not all that different from Atlanta. (Once one takes into consideration the artificial atmosphere, of course.) We hope to see you, or your descendants, there!

In all seriousness, folks, all of us at SMU wish you and your loved ones a happy holidays and New Year, and are grateful for your business! On a less grandiose time scale, we hope to see you next month at our Tampa Steel Conference 2024. And, for those interested, here’s a more mundane SMU survey look at what you all will think will happen in 2024.