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    Final Thoughts

    Written by Diana Packard


    Our steel market survey will continue on Monday and Tuesday of this week.  The survey, which began on Thursday, deals with the current trends in the flat rolled market.  If you receive an email invitation with a link to the survey please take a few moments to complete our questionnaire.

    Our Steel 101 workshop is approximately 70 percent full.  If you are interested in our workshop you can learn more on our website: www.SteelMarketUpdate.com or you are welcome to contact our office at 800-432-3475 or info@SteelMarketUpdate.com.  We will not conduct another Steel 101 workshop until early next year.

    We have received a number of calls and emails regarding our Steel Summit Conference which we normally conduct in conjunction with Metalcon. Due to the amount of time and effort our small company has been putting into our new website we decided not to produce our conference this year. We are already working on concepts for next year when we intend to hold it separate from Metalcon. Stay tuned for more information after the first of the year.

    As always we thank you for your business which is truly appreciated by all of us here at Steel Market Update.

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    CRU: Global finished steel prices diverge, US the rare bright spot

    CRU: Global finished steel prices have diverged in August, with longs softening while sheet and plate firmed in most regions. Weak construction demand persisted across most longs markets, with the US the notable exception. Higher sheet prices were driven by tightening supply in the US and reduced import attractiveness in Europe, even as APAC sheet prices declined. Plate prices were mostly firmer across APAC, stable to down in Europe, and continued climbing in the US.