Final Thoughts
Final Thoughts
Written by John Packard
January 11, 2014
Our company continues to extend our coverage around the country. John Temples has opened an office for us in Michigan. We now have offices in Chicago, Cleveland, Dallas and the Atlanta area along with our newest office in Lansing, Michigan.
I will be traveling later this week as I am speaking to the AWMI Chicago Chapter on Thursday evening (January 16th). You can get more information about the dinner, agenda and tickets from Amanda.Tomsovic@arcelormittal.com.
I will also be attending the AHR Expo in New York City on January 21 & 22. If you would like to meet with me during these two days please shoot me an email: John@SteelMarketUpdate.com.
Last week we were reviewing portions of our new website as we strive to make it easier to understand and more available to our members. We added a video to the historical pricing section of our website. This is a members only section which is located under the Pricing tab and is the first sub-menu called “Price History.” When you are in the Price History section we have a tutorial video which you can access by clicking on the top right hand module which is titled “Video Tutorial.” We hope the tutorial will assist in making your experience with the interactive graphics and tables more productive.
We will be publishing a Premium Supplement for our Premium Level members on Monday of this week. We also have our Power Point presentation of last week’s survey results ready for our Premium Level members. If you would like to change your membership level from Executive to Premium please contact Diana, Brett or myself in our main office: 800-432-3475 or info@SteelMarketUpdate.com.
As always your business is truly appreciated by all of us here at Steel Market Update. Please tell your friends about us and have them visit our website: www.SteelMarketUpdate.com to register for a trial or to become our latest member company.
John Packard, Publisher
John Packard
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Final thoughts
SMU has heard from some larger buyers who have stepped back into the market to buy at prices that, if not at a bottom, they assess to be close to one. Is it enough to stretch out lead times and send prices upward again? Or do we continue to scrape along the mid-$600s per short ton (st) as we have been doing for most of the last month?
Final thoughts
Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves had some insightful things to say today about the steel market and about a conference we suspect might be Steel Summit.
Final thoughts
They say a picture is worth a thousand words. Well, when you add in some commentary from respected peers in the steel industry to those pictures, that may shoot you up to five thousand words, at least. In that spirit, we’ve added some snapshots from our market survey this week, along with some comments from market participants.
Final thoughts
I thought we’d have more clarity this week on Section 232, Mexico, and a potential carve-out for steel melted and poured in Brazil. As of right now, the only official comment I have is from the Office of the United States Trade Representative (USTR).
Final thoughts
There are just 40 days left until the 2024 SMU Steel Summit gets underway on Aug. 26 at the Georgia International Convention Center (GICC) in Atlanta. And I’m pleased to announce that it's official now: More than 1,000 people have registered to at attend! Another big development: The desktop version of the networking app for the event has officially launched!