Steel Products
SMU Virtual Steel Summit Conference Update
Written by John Packard
June 3, 2020
The 2020 SMU Steel Summit Conference will be a virtual conference this year due to the COVID-19 pandemic. It is disappointing that we are not able to do a live conference, but we think we are going to provide a solid alternative that will feed your need to interact with multiple companies who buy and sell or participate in the flat rolled and plate steel markets.
What the virtual conference will not be is a bunch of thrown together webinars done by speakers who have very little to say, or you have seen many times before. SMU has accepted the challenge thrown at us by the pandemic to put a conference together with solid and engaging content. Content that challenges some of your assumptions. Content that provides challenges and opportunities.
We encourage companies to learn more about how we intend to present valuable information on a wide range of topics of imporance to the greater steel community. Yes, we will discuss and forecast steel prices, the economy and commodity prices. The conference will focus on the new capacity being built and we will have differing opinions presented regarding Steelmageddon or a possible steel shortage heading our way. For the first time, we will have a one-on-one discussion with David Burritt, President & CEO of U.S. Steel as well as Lourenco Goncalves, Chairman and CEO of Cleveland-Cliffs/AK Steel. Our program will include honoring young people in the industry with our SMU NexGen Leadership Award sponsored by the Steel Manufacturers Association. We will hear from steel buyers and analysts regarding what direction key industries are heading in 2021. This is only a fraction of what will be discussed at this year’s event.
As with every SMU event, networking will be a key component and we are working hard to ensure interaction between attendees. We have effectively just begun registering companies for this year’s event, and the response has been solid. We expect our conference to continue to be “The” steel event of the year. Here are some of the companies attending (those with a * mean more than one attendee): Mill Steel*, 3VC Consulting LLC, Red Bud Industries*, Beaver Steel Services, inc., Berg Pipe*, Bilstein Cold Rolled Steel, Bank of America*, Cleveland Steel Container, Heating & Cooling Products, Imperial Manufacturing Group, Crowe*, CME*, Klauer Manufacturing Company, Klein Steel, Leeco Steel LLC, Big River Steel, Pacesetter*, Lozier Corporation, Midwest Pipe & Steel, Mitsui Steel Inc., Kenwal, Morrison Products, New Process Steel*, North Shore Steel*, Heidtman Steel, Northview Advisors, Steel Research Associates, Ryerson*, Nucor, POSCO America, Priefert Manufacturing*, Delta Steel, Steel Manufacturers Association, Quality Edge, SSAB, Steel & Pipe Supply, BMO, Magic Coil Products*, Steel Technologies, Superior Steel Supply, LLC, Ternium USA, Inc.*, Ratner Steel Supply, Paragon Steel, Triad Metals, U.S. Geological Survey, Westman Steel Industries, Acero Prime, Alliance Steel, MidWest Materials, and more are being added daily.
To learn more about the 2020 SMU Virtual Steel Summit Conference click here. To register for this year’s event click here.
So far, all of our sponsors and exhibitors have stayed with us. Thank you to all of our sponsors and exhibitors for your support.
John Packard
Read more from John PackardLatest in Steel Products
Nucor’s weekly HR spot price unchanged, again
Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil remains unchanged for another week – now on an 11-week streak. Nucor’s HR coil CSP, still at $750 per short ton (st), has been at that level since Nov. 12. The spot price for HR from Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also flat […]
Price gap between domestic, offshore CRC narrows
The price spread between US-produced cold-rolled (CR) coil and offshore products tightened in the week ended Jan. 17. Domestic CR coil tags were lower week on week (w/w), while offshore products ticked higher. The result? The US premium over imports shrank. In our market check on Tuesday, Jan. 14, US CR coil prices averaged $895 […]
US HR price premium over imports narrows slightly
Hot-rolled (HR) coil prices ticked down in the US last week, while tags abroad varied. The result: US hot band margin over imports on a landed basis has narrowed to a slight extent. SMU’s average domestic HR price last week was $685 per short ton (st), down $5/st from the week before. US hot band […]
SMU Community Chat: Jan. 22 with Alan Kestenbaum, founder of Bedrock Industries
Alan Kestenbaum, the founder of Bedrock Industries and the former CEO of Stelco, will be the featured speaker on the next SMU Community Chat. The webinar will be on Wednesday, Jan. 22, at 11 am ET. It’s free to attend. You can register here. We’ll look at Stelco’s recent sale to Cleveland-Cliffs and what made […]
December service center shipments and inventories report
Flat rolled = 77.1 shipping days of supply Plate = 58.1 shipping days of supply Flat rolled Flat-rolled steel supply at US service centers ballooned in December with higher inventories as well as seasonally lower shipments. At the end of December, service centers carried 77.1 shipping days of flat-rolled steel supply on an adjusted basis, […]