Final Thoughts

Final Thoughts

Written by John Packard

We will hopefully have information and a date for a new workshop we have under development. The new workshop is tentatively being called: Managing Price Risk: Strategies & Execution. The workshop will be for those who already have some knowledge of hot rolled coil (HRC) and busheling (BUS) futures and options trading. Our intention is to provide a workshop for those who want to know more about the various strategies for protecting inventory values, protecting profits or offering long-term firm pricing through the use of futures and options trading. We already have a waiting list so our goal is to have the workshop – which at this time we are forecasting to go over two half days and the first to be held at the CME in Chicago.

We will publish one of our Premium Level newsletter supplements on Friday for our Premium Level members.

The OCTG dumping case decision was postponed today due to the winter weather in Washington, D.C. We should get a decision early next week.

I will be back in the office on Monday after having been stranded in Florida due to the weather in North Georgia (I can tell I am not getting much sympathy for that one). My next trip will be to Austin, Texas for the FMA Tolling Processing conference.

As always your business is truly appreciated by all of us here at Steel Market Update. Thank you for your kind words and recommendations to your suppliers and customers. We continue to grow and your help is always appreciated.

John Packard, Publisher

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