The chief executives from Majestic Steel, Olympic Steel, and Worthington Steel swapped notes on inventory discipline, customer trust, and the race to turn AI from hype into results.
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!
Now that June has arrived, the official countdown until SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference – has begun. If you haven’t already registered, don’t delay. More than 700 attendees from more than 300 companies have already registered to be in Atlanta this August. In short, it’s poised to be another […]
We’re just a few months away from SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference.
Majestic Steel announced the completion of its flagship Majestic Steel Arkansas facility in Blytheville on the campus of Nucor Steel Hickman.
The 35th Annual Tampa Steel Conference starts in just a few days. As one of the premier domestic steel conferences, it’s the perfect way to kick off 2024. It’s not too late to register if you haven’t already done so, but make sure to book now!
We’re just a week away from the 35th annual Tampa Steel Conference! It’s one of the premier domestic steel conferences and the first can’t-miss event of 2024. If you haven’t already registered, there is still time but make sure to book now!
The 2024 Tampa Steel Conference is coming up soon after the kickoff of 2024. One of the premier steel conferences in the US, it will be a great complement to our record-breaking SMU Steel Summit this past August.
July 2023- Facetime: Steel market analyst JOSH SPOORES talks with Modern Metals about CRU steel prices Q: Josh, you have been involved in the steel industry for quite a while. Can you give MM’s readers a quick summary of your experience? A: I joined the industry in 2005 and worked at a mill, service center, my own research company and then have been at CRU since 2012. I started learning the industry at Majestic Steel USA. They bought and sold in the spot market and carry a huge amount of inventory in anticipation of sales. Working there taught me an incredible amount about procurement strategy as well as how to develop a unique brand of market analysis. It’s this real-world analysis that matters—immersing yourself in data points and information, but, at the same time, making sure to eliminate any excess noise.
In the early 1980s I moved from Minnesota to Marietta, Ga., to join Pacesetter Steel. It was an exciting time for the steel industry. New service centers were popping up all over the country. The companies started by the Leebow brothers – Pacesetter and Majestic Steel – were dynamic organizations providing opportunities to new people […]
SMU founder John Packard reflects on the passing of two friends from the steel industry.
Dennis Leebow, the founder and former president and CEO of Cleveland-based, family-owned service center Majestic Steel USA, passed away on July 12, 2023, at the age of 72. Leebow was a graduate of the Ohio State University. He worked as a salesman at his grandfather’s company, Baldwin Steel, before embarking on his own adventure and […]
Dennis Leebow, the founder and former president and CEO of Cleveland-based, family-owned service center Majestic Steel USA, passed away on July 12, 2023, at the age of 72.
We are counting down the days until SMU’s Steel Summit Conference on Monday-Wednesday, Aug. 21-23, in Atlanta. It’s only a little over two months away. Approximately 755 people have already registered. Our discounted room blocks are almost gone. Register here. The event will again be held at the Georgia International Convention Center, a massive conference center in close […]
Josh Spoores, principal analyst at CRU, will be the featured speaker on the next SMU Community Chat webinar on Wednesday, April 5, at 11 a.m. ET. The live webinar is free. A recording will be available for free to SMU members. You can register here. We’ll talk about CRU’s forecast for fourth quarter HRC prices and […]
With markets becoming more regional and localized, having a solid supply chain is critical in business today, and Majestic Steel’s latest acquisitions are helping the company create just that for its current and future customers. Majestic, a Cleveland-based prime flat-rolled steel service center and processor, has just completed the acquisition of two more companies to […]
We are now eight weeks away from the start of the 2022 SMU Steel Summit Conference. Behind the scenes, there are dozens of SMU and CRU team members working diligently to ensure this year’s conference is exceptional for all our attendees. By exceptional, we mean entertaining content that is valuable and timely. And we also provide […]
We are now eight weeks away from the start of the 2022 SMU Steel Summit Conference. Behind the scenes, there are dozens of SMU and CRU team members working diligently to ensure this year’s conference is exceptional for all our attendees. By exceptional, we mean entertaining content that is valuable and timely. And we also provide […]
Service centers are the Dangerfields of steel—they just don’t get no respect. Sure, nobody likes to pay the middleman, especially when prices are plunging and margins are getting squeezed. But let’s face it, the supply chain wouldn’t work without them, especially today. Nine out of 10 service centers report they are lowering prices to their customers, […]
Steel prices may be nearing the end of the current correction, predicted Majestic Steel USA President and CEO Todd Leebow during Wednesday’s Steel Market Update Community Chat. In the great debate over where declining hot rolled prices will finally settle – back to historical averages in the $400-600 per ton range or closer to $1,000 […]
It’s not too late to register for tomorrow’s SMU Comminuty Chat webinar, starting at 11 a.m. ET (10 a.m. CT). Majestic Steel USA CEO Todd Leebow will be our featured speaker, and we will discuss the big issues facing service centers in the face of unprecedented price volatility and technical change. Topics will include: How […]
It’s not too late to register for tomorrow’s SMU Community Chat webinar, starting at 11 a.m. ET. Our featured speaker will be Todd Leebow, CEO of Majestic Steel USA. We’ll discuss the big issues facing service centers in the face of unprecedented price volatility and technical change. Topics will include: How are service centers managing inventory at […]
Majestic Steel USA CEO Todd Leebow will be the featured speaker on Steel Market Update’s next Community Chat webinar on Wednesday, Feb. 9, at 11 a.m. ET (10 a.m. CT). We’ll discuss the big issues facing service centers in the face of unprecedented price volatility and technical change. Topics will include: How are service centers […]
Majestic Steel USA CEO Todd Leebow will be the featured speaker on Steel Market Update’s next Community Chat webinar on Wednesday, Feb. 9, at 11 a.m. ET (10 a.m. CT). We’ll discuss the big issues facing service centers in the face of unprecedented price volatility and technical change. Topics will include: How are service centers […]
Majestic Steel USA Inc. has hired Sean Madigan as Vice President of Sales, Manufacturing. Madigan joins Majestic from Nucor, where he served as the Sales and Marketing Manager for Nucor Steel Arkansas. Madigan’s experience with Nucor was integral to the startup of the company’s new coating line, and he will continue to be a critical part of the […]
The U.S. steel industry has suffered tremendously from unfairly traded goods over the years. Many of the current antidumping and countervailing duty cases stem from import surges around five years ago and are coming up for review soon to determine if they should be extended. “2022 is a critical year for sunset reviews (see chart […]
For those of you who participate in our bi-weekly steel market analysis questionnaires, or if you are a Premium level member, the results from the last few weeks would suggest service centers are at a point where they will support new price increases by the domestic steel mills. We collect data from manufacturing companies and […]
Happy New Year! The first major live and in-person steel event is just six short weeks away as we prepare to host the industry at the Tampa Steel Conference. Steel Market Update will once again be working with Port Tampa Bay as we host the 33rdedition of the Tampa Steel Conference. The 2022 TSC will […]
The first major live and in-person steel event is just six short weeks away as we prepare to host the industry at the Tampa Steel Conference. Steel Market Update will once again be working with Port Tampa Bay as we host the 33rdedition of the Tampa Steel Conference. The 2022 TSC will be held on […]
Welcome back to those who took an extra day or two off after the New Year. This is my first article of the year as Michael and Tim continue to absorb more of my workload. For those of you who did not view or listen in on the SMU Community Chat we hosted yesterday with […]