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

SMU flat-rolled 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 […]

CRU tariff webinar replay now available
CRU’s latest webinar replay on how Trump’s tariffs affect the global steel market is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. You’ll find not only this special CRU webinar but also all past Community […]

US, offshore CRC prices diverge
US cold-rolled (CR) coil prices declined this week, slipping for the first time since early February. Most offshore markets deviated, moving higher this week.

Construction growth slowed in March on tariff woes: Dodge
The decline comes after reaching a record high in January to kickstart the year.

Return of S232 zapped gap between US and EU HR prices, Asian HR remains cheaper
Domestic hot-rolled (HR) coil prices declined this week for a third straight week. Most offshore markets bucked the trend and gained ground. Uncertainty in the US market around tariffs, especially after “Liberation Day,” caused US prices to slip as buyers moved to the sidelines. It’s unclear to date whether the 90-day pause on the more […]