The problem is on the receiving end.
There are plenty of algebra conferences, though. I’ve been to several. :-)
I agree with your general point, but algebra isn’t quite as slow-moving as you seem to believe.
Unfortunately that doesn't explain why there are not only aren't C conferences today, but there weren't C conferences 15, 20, 30 years ago.
We DID go to conferences or expos for things that were buzzy and newsworthy, which meant the exciting new world of microcomputers: Comdex, MacWorld, etc. But the emphasis was on exposition, not conferencing with others, because we got to see exciting, new things with our own eyes, when that was the only way to see them (couldn't "see" things online). We wanted to see them (and they wanted to show them) to inform our decisions. The makers of C tools filled plenty of booths at the "computer expos", though.
Twenty years ago, we had started having big language conferences. JavaOne was like a religious revival or political rally, but C was the old devil being vanquished, not the Hope of the Future. And Visual-J++ and C# conferences were counter-political rallies, where C was going away as both sides agreed, but to be replaced by what? The makers of C tools still filled plenty of booths at the hardware expos, but there wasn't much demand for a C conference where we could hear, in person, about how C wasn't actually dead yet.
And by 15 years ago, all the hotness that inspires a crowd to gather for a conference was based on changes relevant to the WWW. If C had reinvented itself with shiny, new async networking, web service & e-commerce building blocks, concurrency, and whatever in its standard libraries or some such approach, there definitely WOULD have been C conferences. That would have been big news (and probably a bad choice, but that's a different question.) Without something like that, there is still plenty of demand for C, but little demand for a C conference.
To spread the knowledge how to actually write C code that meets a certain quality level regarding security and safety.
And not that writing C89 without any sort of static analyzers is still acceptable practice.
There will be Hammer conferences if there are companies that make "handle grips" or "hand hammer protectors" who are willing to sponsor such events.
And I think the answer is probably 1) get useful news about recent and upcoming changes and 2) to socialize. I'm going to guess--possibly just projecting--that most C developers are older and not terribly interested in meeting new "C friends" or jumping into some hot, new "C startup".
That leaves #1. Web/AI-ML/cloud/mobile tech conferences feature speakers from the big tech companies that might reveal, in a talk or a hallway chat, info about which of your problems they are about to solve or to cause. Independent speakers serve a sort of journalist role of gathering intel from the big companies, organizing it, and revealing their findings. It's all about "tell me what I need to know so I can decide what to do".
But there isn't much news about C that most C programmers will want to know in order to make decisions. It's almost like news about algebra or, yes, hammers: mature, slow-changing technologies whose changes seldom impact more than a small percentage of users.
So without reasons 1 or 2, the answer to why aren't there C conferences is basic and boring: what important purpose would they serve?