Steel Products
Final Thoughts
Written by John Packard
February 20, 2013
On days like today I am reminded of one of my steel customers who, when purchasing his original SMU membership back in 2008 told me, “I don’t know what you are going to write about in a couple of months.”
I had to actually leave articles out of tonight’s issue because there was too much to cover. Thursday will also be a “busy” issue since we are conducting our mid-February steel survey which we will finish on Thursday. There are a number of companies reporting earnings on Thursday and the AIA Billings Index will be released.
That is one of the reasons why I have always enjoyed the steel business – every day is different and you never know what will happen which will move you in a new direction as the day progresses.
I want to take a few moments to welcome our newest members. We have added a number over the past few days – single member and corporate members. Thank you for joining our group. I want to encourage you to interact with SMU – I (or we) try to answer questions as they arise and we appreciate ideas for articles or pieces of the missing puzzle we may be working on. You can reach us at: Info@SteelMarketUpdate.com or by phone at 800-432-3475 (706-216-5440). The main office is located in Georgia (Eastern Time Zone) but those who know me understand I am a bit of a workaholic and tend to respond at all hours of the day. If you like our product – please tell your friends. The biggest portion of our sales is made with the help of our members. Thank you in advance for your referrals.
And, as always, your business is truly appreciated.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/john-packard.png)
John Packard
Read more from John PackardLatest in Steel Products
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/10/CMC-New-Logo.png)
CMC to open rebar fabrication facility in Ohio
Longs producer and metal recycler CMC plans to open a new rebar fabrication plant in Akron, Ohio.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/steel_trade.png)
US and Mexico take action to curb ‘unfair’ trade
The US and Mexico announced measures on Wednesday to prevent tariff evasion and protect North America’s steel and aluminum industries.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/gears.png)
Final thoughts
First off, we hope everyone had a safe and happy July 4th holiday, with fireworks seen and BBQs attended. Many parts of the country are quite toasty at the moment, signaling that, yes, summer has indeed arrived. And looking at our most recent survey results, the summer doldrums have arrived as well.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/12/Rig_count_pic_3-scaled.jpg)
Active rig counts recover in US, slip in Canada
US drill rig activity moved back up last week after drifting lower for four straight weeks. Meanwhile, Canadian counts slipped for the first time after a seven-week rally, according to the latest data from Baker Hughes.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: US steel shipments up in May from April, off from 2023
Domestic steel shipments increased in May month over month but have fallen on-year.