Steel Products
SMU Steel Summit 2022 Conference Agenda: Day 1
Written by John Packard
April 12, 2022
Steel Market Update has been working on the agenda for the 2022 SMU Steel Summit Conference, which will be held in Atlanta on August 22-24. This year’s conference will address many of the issues affecting the flat-rolled and plate steel markets. Over the next few issues, we will roll out our conference program, many of the speakers who are confirmed, and introduce some of the new items we will be highlighting at this year’s event.
As always, the SMU Steel Summit Conference will be the best networking event of the year because decision makers from hundreds of companies will be in attendance. We expect attendance to reach 1,200 executives this year from around North America because pandemic restrictions have eased. If you would like to register, you can do so by going to https://events.crugroup.com/smusteelsummit/home
SMU Steel Summit 2022 Conference Agenda: Day 1 – Monday, August 22, 2022
Pre-Summit Conference: Risks Your Company is Facing
If the past eighteen months has taught us anything, it is that there is risk all around us that we need to deal with quickly. There are supply chain snarls, commodity shortages and price surges. On top of that are inventory challenges and price risks associated with volatility from events beyond our control. And we increasingly have to contend with cyberattackes – with forces, often outside of North America, probing our computer systems and looking for ways to interrupt or cease our operations.
The 2022 SMU Steel Summit Conference will begin by dealing with some of these issues on Monday morning with three “Pre-Summit Workshops.”
9:00am Commodity Focused Workshop
9:45am Break: Sponsored by Ranger Steel
10:00am Managing Price Risk
There are many risks associated with the supply chain. This includes risks to commodity prices, which in turn impact steel prices. And, of course, steel prices themselves are inherently volatile. We are working with the CME Group to host a discussion about supply chain risks and how to better protect your company from the volatility associated with commodity, scrap, and steel prices.
10:45 Break: Sponsored by Ranger Steel
11:00 Cyber Security: Steps to Protect Your Company – Sponsored by Crowe
Recently, the president of a mid-sized manufacturing company informed Steel Market Update of the hacking of their company’s computer systems. The hack effectively shut down their operations. Fortunately for this company, they were able to get back up and running without paying the hackers.
With the war between Russia and Ukraine – and the positions taken by the United States, Canada, and most of the rest of the world – the risks associated with cybersecurity are growing and cannot be ignored. We are working with Crowe to provide some answers to the questions you might have about how to protect your company fromthose wishing to harm or destroy your company’s systems.
- Preparation (how to build a cybersecurity team)
- Mitigation (how to minimize the impact of an attack and manage the process)
- Continuous Improvement (how to make security a core part of your company)
12:00 Lunch: Sponsored by PSI Metals
1:00pm Beginning of Conference – SMU Data Opening
We will open this year’s conference discussing some of the key proprietary data collected by Steel Market Update. This will include our Service Center Inventories & Shipment Analysis, Pricing Indices on hot rolled, cold rolled, galvanized, Galvalume and plate products, and more.
- John Packard, Founder and former President & CEO – Steel Market Update
- Michael Cowden, Senior Editor – Steel Market Update
1:30pm Gene Marks: Issues Impacting Your Growth Over the Next Few Years
A well-known keynote speaker, Gene Marks, CPA, is an author of five books on business management specifically geared toward small- and medium-sized companies. He is also a columnist for The Hill, The Philadelphia Inquirer, Forbes, Entrepreneur Magazine and The Guardian. He in addition appears regularly on MSNBC, Fox News, The John Batchelor Show and SiriusXM’s Wharton Business Channel.
Gene will set the stage for this year’s conference as he discusses inflation, labor, political and legislative topics, and other issues that will affect your business now and in the future.
2:30pm Break: Sponsored by Acero Prime
2:50pm The Meltdown and Reconstitution of the Global Steel Industry
- Michael Setterdahl, Senior Advisor – GFG Alliance
- Johnny Sjöström, Executive Vice President and Head of Special Steel Division – SSAB
- Speaker TBA
3:40pm Fireside Chat with Lorenco Goncalves, Chairman, President & CEO – Cleveland Cliffs
4:30pm Networking Reception: Sponsored by Heidtman Steel
5:30pm NexGen Community and NexGen Leadership Award Reception
This will be the first meeting of the SMU NexGen Community, an organization dedicated to those 40 or younger who are associated with the greater steel, metals and manufacturing industries. Lourenco Goncalves, Chairman, President & CEO of Cleveland-Cliffs, will address those attending.
Membership in the SMU NexGen Community will be free for those 40 years or younger. We will be rolling out more about the NexGen Community in the coming days.
The SMU NexGen Leadership Award nomination process is now open. This award is for someone from the greater industry who is 35 or younger. You can learn more about the award, past recipients, and how to nominate yourself or someone from your company by going to https://events.crugroup.com/smusteelsummit/awards
SMU will provide details about the agenda for Tuesday, August 23, in our Thursday issue. We will also provide the full agenda next Tuesday. (We are not publishing on Sunday because of Easter and Passover.) The full agenda will also be available on the conference website: https://events.crugroup.com/smusteelsummit/home
If you would like to register for the conference click here.
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, […]