Final Thoughts
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Final Thoughts
Written by John Packard
March 13, 2019
There are reports about a myriad of meetings between the USTR, Mexico and Canada as the sides try to come to some form of resolution regarding the Section 232 tariffs on steel and aluminum. I continue to hear that the move is to not reduce the traditional level of imports from these two countries. In my mind that means the U.S. is still pushing for quotas.
From time to time we will be publishing CRU-based articles with a “read more” link at the end. If you click on the read more link you will be taken to the CRU website where you can read the article in its entirety. You will not need to sign up or buy anything in order to access the full article. The affected article in this evening’s issue is about the turn in sheet prices and the CRU forecast for future HRC pricing. Of course, you are welcome to look around the CRU website and I am sure they would welcome you as a new customer for their products (they have hundreds…).
Registration is now open for the May 14-15 Steel 101: Introduction to Steel Making & Market Fundamentals workshop. This workshop will be held in Davenport, Iowa, and will include a tour of the SSAB steel mill located just outside of Davenport. You can find more details on our website: www.SteelMarketUpdate.com/events/steel101
Tim Triplett is attending the Platts North American Steel Conference in Chicago and will report on what he heard there in Sunday’s issue.
A quick note to let everyone know I will be traveling all of next week as I head to Monterrey, Mexico, to visit Ternium, which has agreed to host one of our future Steel 101 workshops in Monterrey. I am going down to get the lay of the land, tour one of their mills and interview their CEO.
I have also heard from a mill in Europe, where we are working toward doing our first European Steel 101 workshop later this year.
To say I have been busy would be an understatement. We (CRU and SMU teams) are working on many new projects that include new conferences, workshops and products that will benefit our existing customers and attract new customers. Stay tuned.
If you are on a free trial and would like to become a new subscriber, you can do so by contacting Paige Mayhair at 724-720-1012 or by email at Paige@SteelMarketUpdate.com. Existing customers can renew or change your membership level through Paige.
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, President & CEO
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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.