Steel Products
Steel Mill CEO's to Speak at SMU Steel Summit Conference
Written by John Packard
April 2, 2019
Registrations continue to grow for the 2019 SMU Steel Summit Conference, which will be held on August 26-28, 2019. In the past 24 hours we added the following companies (those with an * means more than one person will be attending): North Star BlueScope Coated Products North America, Stelco*, Walker Magnetics, Leggett & Platt, Hannibal Industries and LB Steel. We continue to be on pace to meet our 1,000-person goal for this year’s conference. I hope to see you in Atlanta. P.S. Please make sure to make your hotel arrangements as soon as possible as we do anticipate that we will sell out the Gateway hotels (those right next to the convention center). We have made arrangements at another hotel, which will be offered after the Gateway hotel room blocks are booked. For more information (including links to hotels), go to www.SteelMarketUpdate.com/events/steel-summit
I don’t know if I mentioned that one of the results of my visit to Ternium in Monterrey, Mexico, a couple of weeks ago was the confirmation that Cesar Jimenez, CEO of Ternium Mexico, will participate in our mill panel on new capacity on Tuesday, Aug. 27. This will be a dynamic panel with Mark Millett, CEO Steel Dynamics, John Hritz, CEO JSW USA and Ladd Hall, Executive Vice President, Flat Rolled for Nucor all joining Mr. Jimenez to talk about the what, when and why’s associated with their various projects. While I was in Monterrey I got to see an impressive construction site that will begin producing steel products by the end of the second quarter (pre-painted first) and into 2020. I will moderate this panel in what I think will be a mutually beneficial format for the mills and our attendees. At any SMU conference, we strive to be low on fluff and long on content. To register for the conference, click here.
Also, note that there is a CRU event on aluminum coming up at the tail of our conference. They will be hosting the CRU Aluminum Summit Conference on Aug. 28-29 at the Atlanta Airport Marriott Gateway Hotel located next to the Georgia International Convention Center and next to the Atlanta Airport. This event is separate from our SMU Steel Summit Conference. You can find more information about this CRU Aluminum Summit event by clicking here.
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, President & CEO
John Packard
Read more from John PackardLatest in Steel Products
US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.
US, offshore CRC prices continue to diverge
US cold-rolled (CR) coil prices declined again this week, slipping for a third straight week. Most offshore markets did the opposite, moving higher this week.
S232 lifts EU HR price over US, Asian HR still well behind
Domestic hot-rolled coil prices were flat this week after dropping for four straight weeks. Most offshore markets bucked the trend and gained ground.
SMU Steel Demand Index dips into contraction
SMU’s Steel Demand Index has moved into contraction, according to late April indicators. The slowdown comes in response to growing tariff uncertainty after the index reached a four-year high in late February.
Nucor selects Fives Group for new galv line at CSI
Nucor Corp. has tapped Fives Group as its partner in designing and manufacturing the new continuous galvanizing line being added at its California Steel Industries (CSI) joint venture in Fontana, Calif.