Final Thoughts

Final Thoughts
Written by John Packard
December 18, 2013
A note about our Steel Market Update newsletter publication schedule for the remainder of the year and into the first few days of 2014.
Our Executive Newsletter (this one) will be published on Sunday, December 22nd and then we won’t publish again until Sunday, December 29th. This can change based on what is happening in the marketplace. If something occurs which we feel needs to be covered we will break out of our Holiday and put out a newsletter.
We anticipate publishing a Premium Supplement newsletter on Friday, December 20th and will most likely publish one more supplement prior to the end of the year.
The first issue of the New Year will be published on Thursday, January 2nd.
Our next Monthly Newsletter will be published on Friday, January 3rd.
Those of you who have registered for a trial of our products during this time period – we will adjust your expiration dates into the New Year to give you a better feel for our newsletter(s) and website.
Those of you who wish to pay for your 2014 memberships prior to January 1st. Our offices will be open on Friday, December 20th, Monday, December 23rd, Friday, December 27th and Monday, December 30th. We will work only a half day on Tuesday, December 31st.
Our offices will be closed on December 24, 25, 26 and again on December 31 (half day) and January 1, 2014.
We will check emails all during this period and will respond to any issues you might have. You can reach us at: info@SteelMarketUpdate.com.
If you would like to learn more about our Premium Level and potentially upgrading your account you can reach us in our offices at: 800-432-3475.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
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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.

Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.