Final Thoughts
Final Thoughts
Written by John Packard
November 13, 2013
We are working into the night to get all of our existing members into the new website. Transition is always a fun project and our company has grown over the past 5+ years. So, this project has been a real challenge for us to complete.
There are bound to be bugs in the system. Sometimes links get broken as we made corrections over the past week or so and we don’t (or didn’t) notice them when the site came up. If you do see something amiss please let us know at: info@SteelMarketUpdate.com and we will correct the problem as soon as possible.
If you are new to Steel Market Update we welcome you and I want to remind our newest members that we enjoy comments, questions and suggestions. Please do not hesitate to contact me personally: John@SteelMarketUpdate.com and tell your friends about us as well.
We had a very successful two single day workshops at one of the domestic steel mills earlier this week. The workshop was a custom program specifically designed to fit their specific needs. This is something we would enjoy doing for other steel related companies or the financial community. If this is something which may be of interest to you and your company contact us for more information: Info@SteelMarketUpate.com
We have just recently completed our Media Kit for those who may have an interest in advertising on either our website or the newsletters we produce. You can request a Media Kit by sending an email request to: Advertising@SteelMarketUpdate.com
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
With higher tariff rates on steel and aluminum set to go into effect on Wednesday, June 4, a new round of chaos across the supply chain is likely in store. Expect a significant impact on manufacturers and metal fabricators. But even before the latest round of Trump-tariff whiplash on Friday evening, there was a lot of interesting data coming out of SMU's steel-market survey.
Final Thoughts
A short tour of key dates in the Nippon/USS deal, and what the future might hold.
Final Thoughts
I sort of expected big news last Friday and over the long, Memorial Day weekend. Because that's become more the norm than the exception for steel this year. Sure enough, Trump posted on Truth Social on Friday afternoon that he had given his blessing to a “partnership” between Nippon Steel and U.S. Steel. And then over the weekend we had market moving new on tariffs, this time involving the EU.
Final Thoughts
We're going to have to wait a bit longer for the final outcome of the Nippon/USS deal.
Final Thoughts
Sure, demand isn’t as good the market had hoped it would be earlier this year. But assuming it doesn’t fall of a cliff, buyers will have to restock at some point. And that might give domestic mills enough leverage to raise prices again.