Peter Marcus

Peter Ferris Marcus (1938 - 2021)

World Renowned Steel Analyst. Peter F. Marcus, Managing Partner at World Steel Dynamics, and the top predictor of steel industry trends for the past 50 years, passed away of heart failure in his home in Tuxedo Park on November 17, 2021, at 83 years old.

Peter lived with intense passion for his family, work, music, and hobbies.

He never retired and spent his entire life visiting steel plants in the unglamorous outskirts of every continent.

Once he said, "I'm a juggler of ideas and a seeker of patterns."

He loved writing reports, becoming excited about metaphors he created to explain pricing or dynamics like the "volcano" or the "death spiral".

He was known for his enthusiastic support of his loved ones and those around him.

His passion extended to all areas of his life including cars that always had custom stereos and extra subwoofers, stereophile audio systems, stamp collecting, chess and a diverse range of musical taste that spanned from Opera to Miles Davis, Bob Marley, and Creedence Clearwater Revival.

He loved his motorcycles including Harleys and custom bikes.

He was a highly skilled pool player who could clear multiple racks in a row.

He loved applying English, which means he had a lot of spin on the ball, literally.

He loved his electric boat on Tuxedo Lake, fishing, and golfing.

Peter was a proud son, brother, husband, boyfriend, father, grandfather, and uncle. He was determined, dedicated, and had unwavering advocacy for his beliefs.

His sense of humor was keen, and he liked to start every speech with a joke.

Peter Ferris Marcus was born in 1938 to Albert V. Marcus and Ilo Freydberg Marcus and was the oldest of two children.

After being raised in Mount Vernon, Peter went to Cornell, NYU Business School, and was a First Lieutenant in the Armored Division in the US Army.

He was the top sell side analyst with multi decade #1 ratings by Institutional Investor Magazine in Steel.

Notably he and son Drew were both #1 in their respective industries at the same time, an especially proud moment for him.

He worked on Wall Street at LF Rothschild and Paine Webber Mitchell Hutchins.

He founded World Steel Dynamics, a global steel research, banking, consultancy, and event company that is known and trusted by senior management in the steel industry.