Final Thoughts
Final Thoughts
Written by John Packard
December 11, 2013
My final thoughts will be brief this evening. I would like to remind both service centers and manufacturing companies if your company has news – expansion plans, new executives, bringing a plant back to North America from overseas, etc. we would like to know. Please send any press releases or correspondence to: info@SteelMarketUpdate.com
My feet are back on solid ground for about the next four weeks as we get through the Holidays. As mentioned previously, I have a speaking engagement in Chicago on January 16th with the AWMI. I also expect to attend the AHR Expo in New York City on the 21st and 22nd of January. At the same time I am working on rescheduling some of the missed meetings due to LaGuardia Airport being closed for fog last week. So, mid to late January looks to be pretty full.
Then in February we move south to Mobile for our next Steel 101 workshop on the 4th and 5th. You can find more details on the workshop on our new website (no log in required).
Our next SMU steel market analysis will be conducted beginning on Monday of next week. A reminder that our new Premium Level members receive a special power point presentation which is housed on the new website. If you are interested in upgrading to Premium or have questions about our new levels of service please feel free to contact me personally: John@SteelMarketUpdate.com.
I want to welcome our newest members and those who have recently registered for a trial of our products. We like to interact with our members so if you have any comments, suggestions or questions do not hesitate to contact me.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
Did the price increase announced by Cleveland-Cliffs last week stick? Yes, at least partially.
Final Thoughts
Will the sheet price hike announced by Cleveland-Cliffs (and quietly followed by at least some mills) stick?
Final Thoughts
I didn’t see the Cleveland-Cliffs price increase coming on Wednesday. And I didn’t expect to see a target base price of $750 per ton ($37.50 per cwt) for hot-rolled coil. But I’ve since heard that other mills, even if they hadn’t publicly announced anything, had been quietly raising prices before Cliffs publicized its increase. Are […]
Final Thoughts
Sheet prices declined less than usual this week. Does that mean we’re nearing a bottom, or is it just a pause before the market moves lower yet again?
Final Thoughts
We’ve been busier than usual lately covering two major events (in addition to our pricing and data services) – the potential sale of U.S. Steel and the United Auto Workers (UAW) union strike. Let’s review some possible developments in each. U.S. Steel Sale – Back in the Headlines We learned last week that Stelco had […]