SMU Steel Summit to Host Reisman on Commodities

Trying to predict the price of a metal is an exercise in futility, but MetalMiner strives to provide metal buying organizations with clarity around when and how much to buy, says Lisa Reisman, MetalMiner Executive Editor. Reisman will make another appearance at Steel Market Update’s 2018 Steel Summit Conference, set for Aug. 27-29 at the Georgia International Convention Center in Atlanta, to share her insights on the steel market, as well as aluminum, zinc and nickel.

While trade issues and tariffs have dominated the news, other drivers have also reinforced metals prices, Reisman says. Higher oil prices, for example, lend support to various commodities markets, including industrial metals. Moreover, the U.S. dollar continues to fall—having the inverse effect on commodities—which adds to the bullish outlook for metals. In March, aluminum stock levels fell in China for the first time in seven months. Other factors, such as strong domestic manufacturing and Chinese demand, will help drive U.S. metals pricing this year, Reisman says.