Final Thoughts
Final Thoughts
Written by John Packard
November 5, 2013
We continue to slave away on the combination of our new website as well as the work needed to conclude a special steel training workshop we are doing with a domestic steel mill next week.
Our next Steel 101 workshop is available for registration on our existing (and soon new) website or you can contact our office at 800-432-3475. If you have any questions do not hesitate to contact us at info@SteelMarketUpdate.com or by phone.
I want to welcome our newest members – which include Monthly, Executive and Premium members. We thank you for your support and we welcome your comments, questions and suggestions. I am available at John@SteelMarketUpdate.com.
If your company has an interest in upgrading one of your memberships to Premium or if you would like to add additional Executive level or Monthly level memberships please contact our offices at 800-432-3475. You are also welcome to contact me personally with any membership questions you might have – John@SteelMarketUpdate.com.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard
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Final Thoughts
We’ve talked about tariffs ad nauseam for much of the year. And I’m afraid this topic isn’t going away anytime soon. There’s a feeling that the tariff “can” will just be kicked down the road again and again, and again.
Final Thoughts
Can technology help with pig iron and DRI/HBI tariffs?
Final Thoughts
Tariff-related noise aside, there is one basic factor keeping buyers on the sidelines. Despite recent declines, HR prices remain at historically high levels. And there is no obvious support to keep them there.
Final Thoughts
United Airlines raised eyebrows earlier this month when it provided two forecasts for 2025 – one assuming a relatively stable economy and another assuming a recession. The reason? Uncertainty around the impact of President Trump’s policy shocks on the broader economy. And it sometimes feels like we’re seeing a battle between those two narratives (stable vs recession) play out within in the pages of this newsletter.
Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.