The SMU Steel Summit has gone from strength to strength over the last few years, growing from 434 attendees in 2016 to more than 1400 in 2023. Representing more than 500 companies from the North American Steel Market, this is the event to learn what the future holds and to network and do business.

Prices of copper and iron ore diverging quickly with copper prices surging above $9,000/t, while iron ore is trading closer to the $100/t level.China’s concerns over the ongoing property crisis have weighed on the iron ore market, while copper benefits from rising demand for electric vehicles (EVs) and renewable energy.

As we step into this new year, what are the key trends that are expected to shape the landscape of 2024?