Final Thoughts

Final Thoughts
Written by John Packard
August 7, 2017
We have been incredibly busy this week as we work toward getting all of the pieces of the SMU Steel Summit Conference puzzle to fit together as seamlessly as possible. There are a number of firsts for this conference, but I am going to wait until the conference starts for many of them to be revealed to our attendees.
I was going through the speaker’s list with Ray Culley the other day. We have a very strong lineup. There are only a couple of speakers that I do not know well or that I haven’t personally seen speak before. Those came highly recommended, so fingers crossed they will meet or exceed our expectations.
For those speakers who have been there before, the heat is on. The expectation is for great presentations and well-thought-out commentary.
The number of attendees who are directly involved with the buying or selling of steel is amazing. I am sure there is no other steel conference around the globe that can boast the number of buying and selling decision makers that we will have in Atlanta in 19 days.
I mentioned Ray Culley who truly deserves a pat on the back for the hard work he has put into this conference. Ray knows how many hours he and I have put into this conference going back to September 2016. For those who are curious, we have already started working on the 2018 conference, which will be held in Atlanta on Aug. 27, 28 and 29 of next year. Mark your calendars now as you won’t want to miss it.
Tim Triplett is doing well as he transitions from his role at Metal Center News to his new role here at Steel Market Update. We have definitely thrown some new things his way and he is learning about the wide range of topics we cover (and getting used to how quickly we react to an ever-changing market). Tim will be in Atlanta along with almost all of our SMU staff and instructors.
I keep harping on our SMU Events App – it is truly the one thing you want to spend some time with before attending our conference. If you have problems/questions, contact Brett Linton (Brett@SteelMarketUpdate.com) or by phone 706-216-2140.
I know, I know – too much conference stuff for those of you who are not attending this year. We have less than three weeks to go and then I will get back to trying to say something “interesting” or “worthwhile” in my final thoughts.
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
As February comes to a close this week, the scrap markets are poised for another – and perhaps more extreme – move upward in March. March is usually a month when scrap prices relent as winter’s impediments subside. That’s not the case this year. And this time, the driver of prices will be increased demand from mills along with restricted flows over the last two months.

Final Thoughts
The US steel market has whipsawed upward on the prospect of expanded Section 232 tariffs of 25% being applied to imported steel - including downstream goods - on March 12. It seems pretty clear that domestic steel mills have the ear of the Trump administration when it comes to Section 232. The result? The much-anticipated Trump bump has finally arrived - and then some.

Final Thoughts
Some of you have told me that the current market feels about as crazy as early 2021 when demand snapped back after the initial outbreak of the Covid-19 pandemic. Others have said it might be more like late February/early March 2022, when Russia launched a full-scale invasion of Ukraine – and, in the process, caused […]

Final Thoughts
To say we’ve entered a “Brave New World” since Jan. 20 might be an exaggeration, but we’ve definitely entered a different one.

Final Thoughts
I think it’s fair to say that the last few weeks – and last week especially – have been among the most intense for any of us covering steel (or aluminum).