Final Thoughts
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Final Thoughts
Written by John Packard
March 16, 2018
SMU will begin our next flat rolled and plate steel market trends analysis beginning at 8 AM ET tomorrow morning (Monday). Please check your inbox (or SPAM filter) for our invitation to participate in the mid-March process. If you would like to be included in this or future surveys, please send an email to info@SteelMarketUpdate.com.
I will be in the office all this week. Next week, I will be traveling to Chicago as we are hosting one of our sold-out Steel 101 workshops in conjunction with NLMK Portage minimill.
Our next Steel 101 workshop will be on June 5 & 6, 2018, in Memphis, Tenn., and we will be touring two Nucor steel mills: Hickman and Nucor-Yamato. I anticipate we’ll have the registration and details set up on our website early this week. In the meantime, if you have any questions, please send them to info@SteelMarketUpdate.com. If you would like to register, contact Brett Linton at 706-216-2140.
We will have more details about how trading companies and end users are working toward getting exclusions to the Section 232 tariffs, which are scheduled to go into effect on March 23. If you would like to ask questions or need a clarification, please send me an email: John@SteelMarketUpdate.com and I will do my best to get you a prompt response. Lewis Leibowitz has advised me he will be working through the procedures once they are published in the Federal Register (which should happen on Monday).
On top of all of this, there are AD/CVD duties that have been challenged on CORE, and the results are expected in April. We will be working on this, as well.
Plus, union contracts are up in September…
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.