Economy
September 3, 2015
Steel Summit Conference: Expect 2016 to be a Good Year for Steel
Written by John Packard
Earlier this week, Steel Market Update hosted our 5th Steel Summit Conference. We had a record crowd in attendance tipping the scales at close to 300 people. We had 26 speakers over the course of the two day conference (including Peter Wright and John Packard of SMU) and, from our perspective, the longer term forecast (2016) is actually bullish for steel demand.
However, those directly involved in the steel industry and our economists who looked at the short term (balance of 2015) as well as the longer term, suggested that the industry will have some headwinds over the next few months.
