Steel Products

Big Finish to SMU's Steel Summit Tomorrow
Written by David Schollaert
August 23, 2022
Here’s the Steel Summit program for Wednesday, Aug. 24, at the Georgia International Convention Center in Atlanta:
7:30 a.m. – Doors open at GICC. All-day beverages sponsored by Felux and pastries sponsored by Ratner Steel
8:30-8:45 a.m. – Opening Remarks by SMU President and CEO John Packard and Senior Editor Michael Cowden
8:30-9:30 a.m. – Service Center Panel: Supply Chain, Inflation & Other Issues Affecting Distribution
John Ganem, CEO, Kloeckner
Pam Heglund, CEO, Mill Steel
Edward Lehner, President and CEO, Ryerson
9:45-10:05 – Coffee break
10:05 -11:15 a.m. – Dr. Alan Beaulieu, ITR Economic Forecast
11:15-Noon – Michael Cowden has a fireside chat with Alan Kestenbaum, CEO, Stelco
Noon-1 p.m. – Lunch, sponsored by Priefert Steel
1:00-1:45 p.m. – The New Carbon Frontier: Challenges and Opportunities
Kevin Dempsey, President and CEO, American Iron and Steel Institute (AISI)
Philip K. Bell, President, Steel Manufacturers Association (SMA)
Matthew Poole, Divisional Director, Consulting, CRU
1:45-2:30 p.m. – Automotive and the Move to Electric Vehicles
Stephen Williamson, Research Manager, Aluminum, CRU
Stephan Weng, COO, A2MAC1
Stephen Brown, Senior Director, Corporate Ratings, Fitch Ratings
2:30-3:00 p.m. – John Packard and Michel Cowden close the Conference

David Schollaert
Read more from David SchollaertLatest 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.