Steel Products
SMU Steel Summit to "Digitally Disrupt" the Steel Industry
Written by John Packard
January 31, 2018
Steel Market Update publisher John Packard is excited about this year’s SMU Steel Summit Conference. The pieces of the puzzle are carefully fitting into place. As always, our program will be cutting edge as we address issues of the day, as well as those that will change the steel and manufacturing industries in the weeks, months and years to come. Much is happening, and as a 2018 SMU Steel Summit attendee you will be some of the first to experience the transformation of the industry.
As one of our speakers put it in an interview about their company, “Executives using spreadsheets will be out of a job in three to five years.”
This year, we will hold both our “Pre-Summit” conference on Monday, as well as our regular conference on Tuesday and Wednesday, at the Georgia International Convention Center. You will want to plan on arriving in Atlanta during the morning of Aug. 27 as our conference will begin in the early afternoon at the convention center. The SMU Steel Summit conference is scheduled to end at 3 PM ET on Wednesday, August 29th although we are considering adding a new option which would be for a price risk workshop on Thursday, August 30th.
Registration will be in the south lobby of the Georgia International Convention Center instead of the Atlanta Airport Marriott Gateway Hotel as it has been in past years. Registration will begin at 10 AM ET on Monday and will continue until 5 PM.
There will be a cocktail/networking party at the GICC right after our last program on Monday. This networking function is scheduled to begin around 4:30 PM on Monday afternoon. The cocktail party will end around 5:30 PM allowing plenty of time to go to dinner with customers, prospects or industry friends.
As of January 31st we have 40 executives registered to attend the conference. Last year, we had 13 as of the end of January. We are anticipating 750 attendees and we can go as high as 1,200 should the need arise. We expect to keep our crown as the largest steel conference in North America. More importantly, we will be THE best networking event for manufacturing, distribution, trading, toll processing and for steel mills. Our conference is known for the quality of our attendees, most of whom are in decision making positions at their company.
I am working on an add-on price risk program for those considering trading or who are active traders of futures. I will have more on the new program and where we are focusing the agenda over the next couple of weeks. Most likely the add-on will be for Thursday, Aug. 30.
I want to thank the sponsors who have stepped forward to help us keep the cost of the conference reasonable. Our sponsors are: Pacesetter, Bank of America, Crowe Horwath, Heidtman Steel, Nucor, Modern Metals (newest sponsor), Magic Coil Products, Mill Steel, MidWest Materials (congratulations to Brian Robbins who is receiving ASD’s Steel Man of the Year Award), Red Bud Industries, All Metals Service and Warehousing, and Alliance Steel.
We have a few good sponsor spots left – we had a cancellation that has opened up the Networking/Cocktail Party on Monday. Cost of that sponsor spot is $8,500, and it comes with a free ticket to the conference. We have one Corporate Sponsor slot left at a cost of $10,000. The Corporate Sponsor spot comes with exhibition space and a free ticket to the conference. We have one break sponsorship remaining at a cost of $4,000 (no complimentary ticket). Lastly, we have one morning pastry sponsorship spot left at $2,500 (no free ticket).
Otherwise, we have a number of exhibition spots remaining at a cost of $5,000 each for an 8-foot table with an electrical hookup and free WiFi.
Registration is open for attending companies. A single ticket is $1,275 (full price) and discounts are provided for all SMU subscribing companies (-$100/each) as well as those companies bringing two or more people (-$100/each attendee). You can find details on our website: www.SteelMarketUpdate.com/events/steel-summit or you can contact my office at 800-432-3475. If you would like an invoice to be sent to your company, please send a note to: info@SteelMarketUpdate.com or call our accounting office at 772-932-7538.
Hotel information is on our website including links to their registration pages. Please note: We WILL SELL OUT our Room Block Possibly as Early as May. Make your plans and book your rooms and tickets as early as possible.
On a separate subject, we have approximately 7 or 8 spots left to our March 28-29, 2018 Steel 101 Workshop. You can find details on our website: www.SteelMarketUpdate.com/events/steel101.
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 Steel Products
Rig count update: US activity stable, Canada slips
The number of oil and gas rigs operating in the US remained unchanged this week for the second consecutive week, while Canadian activity declined, according to the latest data released from Baker Hughes.
SMU market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]
Domestic, offshore CRC prices steady
The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis was unchanged in the week ended Dec. 20.
SMU Survey: Mill lead times contract slightly, remain short
Steel mill production times have seen very little change since September, according to buyers participating in our latest market survey.
Worthington Enterprises’ earnings dip in fiscal Q2’25
Worthington Enterprises' profits edged down in its fiscal second quarter of 205 vs. a year earlier. The company said a slump in sales in the quarter was due largely to the "deconsolidation" of the Sustainable Energy Solutions segment in the fourth quarter of fiscal 2024.