Final Thoughts
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Final Thoughts
Written by John Packard
May 19, 2014
It has been a very busy last 24 hours for Steel Market Update as we try to stay on top of all of the important news items, pricing, conduct our mid-May flat rolled market analysis and work on completing arrangements for our September Steel Conference.
We learned that US Steel Gary Works has all of their blast furnaces in operation. We also learned that USS Great Lakes is on schedule and steelmaking is coming back online. We inquired with ArcelorMittal regarding their C-5 blast furnace which, we were told last week, should be coming back online this week. To the best of our knowledge all of the other blast furnaces are, at this moment, operating. ArcelorMittal is expected to take their largest furnace at Indiana Harbor down at the beginning of June for close to two months. That appears to be the only major disruption in supply as far as furnaces are concerned. This too may change but that is what we know at this moment.
I mentioned our September Forecasting and Steel Summit in my opening paragraph. Steel Market Update is working very, very hard to produce an exceptional conference which we hope will be one of the highest quality conferences produced this year. We have expanded the length of the program from three-quarters of one day to two days. We are locating the conference right next to the Atlanta airport at the Georgia International Convention Center and the award winning Mariott located next door. Both are located on the first stop on the free light rail shuttle from the airport. Those living in the Southeast can also rest assured that the facility is easily accessible either by car or by using MARTA to go to the airport and then taking the “other” train to the GICC/Mariott.
I have mentioned a few of the speakers both in this newsletter (check the articles) and in previous articles. We will have more announcements about our program in the coming days.
We are already getting requests for registration and hotel information. We are working on getting the information online with our target date of June 1st to have everything ready for those interested in attending (which we hope is all of you). The dates to put aside are September 3 & 4t2014-05-20h…
A side note – on the bottom left hand side of our Home Page you will find a “poll” which anyone can participate in. No names needed. It is just a way to stay involved and you can find out how everyone who is taking the poll is voting by clicking on the “View” button. One vote within a 24 hour period. So go ahead and stack the deck and vote each and every day….
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
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John Packard
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Final thoughts
Sheet prices didn’t roar back after Labor Day. But steel market news sure came out of the gate strong (or maybe chaotically is the better way to put it). First, the nearly $15-billion proposed sale of U.S. Steel to Nippon Steel exploded into the news. And when I say exploded, I mean that all sides seem to be escalating things now.
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Final thoughts
Welcome back from Labor Day, from Steel Summit, and from whatever fun you might have had over the long weekend. Personally, I enjoyed camping with friends and family near Starved Rock. No one starved, there were no major injuries, and we enjoyed the many splendors of Mystical Fire. (Speaking of which, does that have industrial uses? But I digress.)
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Final thoughts
I want to say a huge ‘thank you’ from all of us at SMU to all of you (more than 1,500!) who attended Steel Summit this year. We appreciate you taking time out of busy schedules to join us – whether that was up on stage, submitting thoughtful questions, or catching up over a drink and bite to eat. Also, a bit shoutout to everyone at SMU and at CRU who made this event possible. It’s no understatement to say that we have a fantastic team.
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Final thoughts
Day one and two of SMU's Steel Summit 2024 are officially in the books. We covered a lot of ground, and the agenda sure did deliver.
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Final thoughts
The big show is just about here. SMU Steel Summit will be getting underway on Monday. Where does the networking begin? I’d say at the airport. So don’t forget your business cards. And it can't hurt to wear a company golf shirt.