Final Thoughts

Final Thoughts

Written by John Packard


We have been advised by our developers that they think they have solved the mobile issues which were impacting our members ability to read the newsletter on their smart phones. I personally have an iPhone and was having problems reading the newsletter (image was being cut off). As of yesterday this was rectified – although I had to clear my cache first (settings, Safari, clear history). It is best viewed in landscape mode as the print is still a little small.

If you have a smart phone – please let me know if you are continuing to have problems – or if they have been solved. You can reach me at: John@SteelMarketUpdate.com. If you have an iPad or other tablet device and you are having issues please let me know.

Earlier today I got an email from one of our members who was looking for our graphic showing the SMU Price Momentum Indicator on our hot rolled pricing graph. It was perhaps sheer luck that I had produced that article last night for this evening’s edition.

We have heard that U.S. Steel has re-started their blast furnace at Fairfield and it will be coming up over the next few weeks. We believe the Fairfield furnace was the last one to come back online and once up and running all of the blast furnaces in North America will be running. For more information about the furnaces when you are logged into the website you can go to the resources tab and look under steel mills – furnace status – blast furnace and we have all the furnaces listed and their status. This is for members only and the public cannot see these tabs when they are on the website.

Arthur, I know you are out there and I do read the comments made on articles when they are read on the website. Arthur missed my photo in Final Thoughts – so, for one day only it is I in the photo contained in this article… in real life I have more hair and my eyes open wider. OK, I lied about my hair.

We have about 8 spots left in our Steel 101 workshop. Please contact our office if you would like to learn more or have any questions: 800-432-3475 or info@SteelMarketUpdate.com

As always your business is truly appreciated by all of us here at Steel Market Update. Please take a moment to tell your friends about us as we always can use more good customers just like you.

John Packard, Publisher

Latest in Final Thoughts

Final thoughts

Last week was a newsy one for the US sheet market. Nucor’s announcement that it would publish a weekly HR spot price was the talk of the town – whether that was in chatter among colleagues, at the Boy Scouts of America Metals Industry dinner, or in SMU’s latest market survey. Some think that it could Nucor's spot HR price could bring stability to notoriously volatile US sheet prices, according to SMU's latest steel market survey. Others think it’s too early to gauge its impact. And still others said they were leery of any attempt by producers to control prices.