Final Thoughts
Final Thoughts
Written by John Packard
February 24, 2014
We have to do a better job of learning military time. By mistake tonight’s newsletter was sent out at 20:00 hours not 22:00 hours as originally planned. Since I have a habit of working into the evening on publishing nights all of a sudden we published before the newsletter was complete. So, throw away your 20:00 hour copies and use the 22:00 hour ones (or read the newsletter online) and you will get the complete edition as opposed to the abbreviated one.
I am off to Austin, Texas in the morning to attend the FMA Toll Processing Conference. I am looking forward to visiting Austin for the first time in my life. I am also looking forward to the program which specializes in Advanced High Strength Steels.
Speaking of conferences – please take a moment to complete the survey we have linked you to in tonight’s newsletter. We are working on our Fall 2014 Steel Summit Conference and your responses will be very helpful to our planning.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
On a free trial – information about becoming an annual SMU member.
John Packard
Read more from John PackardLatest in Final Thoughts
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!