Final Thoughts
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Final thoughts
Written by Brett Linton & Ethan Bernard
May 30, 2024
We have highlighted a few significant moments in steel history in our last few Final Thoughts crosswords. This week we decided to dedicate the entire crossword to it.
The steel industry in the US has a long and storied past. Business cycles go up and down. Mills, companies, they rise and fall, and sometimes rise again. Change is the nature of the game. But it always goes in one direction: forward.
Below are some famous steel mills and companies that no longer exist, but made a lasting impact on the steel landscape, as well the history of this country in general.
While this week we took a look back, our final crossword next week will be forward-looking. And we’re confident that our readers will be some of the people shaping that future. On the heels of next week will be our Steel 101 course on June 11-12 in Fort Wayne, Ind. The course includes a tour of SDI Butler, an EAF sheet mill. If you want to learn more about steelmaking or market fundamentals, this is the course for you.
Crossword
Click here to attempt this week’s crossword.
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Need help? Click here to see the answers.
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Brett Linton
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Ethan Bernard
Read more from Ethan BernardLatest in Final Thoughts
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Final thoughts
SMU has heard from some larger buyers who have stepped back into the market to buy at prices that, if not at a bottom, they assess to be close to one. Is it enough to stretch out lead times and send prices upward again? Or do we continue to scrape along the mid-$600s per short ton (st) as we have been doing for most of the last month?
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Final thoughts
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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Final thoughts
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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Final thoughts
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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Final thoughts
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!