Steel Products
Registration Open for Next Steel 101 Workshop, March 31-April 1
Written by John Packard
January 15, 2020
Steel Market Update’s 31st Steel 101: Introduction to Steel Making & Market Fundamentals Workshop, set for Merrillville, Ind., on March 31 and April 1, is now taking registrations. We will be working out of the Hilton Garden Inn in Merrillville, a short drive away from the NLMK Portage steel mill, which we will tour on the afternoon of the first day of the workshop.
We have a tremendous group of experienced instructors who are well able to take what they have learned over their illustrious careers and share it with our attendees. Our instructors have metallurgical, quality, sales and purchasing experience, which is a nice mix for this kind of workshop.
So, what can you expect from a Steel 101 workshop?
On the first day we review how steel is made, both from integrated (blast furnace/BOF) and mini (electric arc furnace) mill perspectives. We also go over how steel is rolled to plate, hot rolled, cold rolled, galvanized and Galvalume and other flat products.
During the afternoon of this first day, we will tour the NLMK Portage steel mill. Our attendees will get to witness an electric arc furnace in action, continuous casting and the hot strip mill taking the slabs produced and rolling them to hot rolled coils.
If you have never been to a steel mill, it is an exhilarating experience watching scrap being melted to create red hot new molten steel, and then watch that same red hot steel be cooled to become a slab and ultimately rolled to a new hot rolled coil. Sparks and flames to blue/gray steel coils.
On the second day of the conference, our instructors will demonstrate how various qualities of steel are produced, what impact residuals have on the process, and what the ASTM specifications mean.
We also will work on how steel is bought and sold, using a hands-on demonstration on how base prices and extras work. We will also discuss the fundamentals of the steel market, why prices move the way they do, and how our attendees can keep track of the markets once they leave our workshop.
As part of the workshop, attendees will receive a 120+ page workbook, as well as a three-month subscription to our Premium Steel Market Update newsletter, and full website access.
We have not raised our prices for this workshop in many years, and like all of our events there are discounts offered for SMU/CRU member companies, as well as those who send more than one person to the workshop.
You can click here to register and we look forward to seeing you in Indiana (just outside of Chicago) at the end of March.
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.