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
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Final Thoughts
Given the news about tariffs and bringing back industries to the US, a brief look back in time may show how our economy changes with technological advances and the shifting economies of scale.

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.