Final Thoughts
Final Thoughts
Written by John Packard
April 4, 2014
We are receiving many emails from readers and others associated with the flat rolled steel industry regarding the current state of the market, responses to the past two articles written by David Phelps (former president of the AIIS and one of our contributing writers) and on a number of other topics. We appreciate and encourage a healthy exchange of ideas. You can reach us at: info@SteelMarketUpdate.com and you are also welcome to contact me in my office: 800-432-3475.
Steel Market Update has two spots remaining for our next Steel 101: Introduction to Steelmaking & Market Fundamentals workshop which will be held on May 6-7, 2014 in Dearborn, Michigan. The workshop includes a tour of the Severstal Dearborn steel mill. Information and registration details can be found on our website.
I expect to publish another Premium Level supplemental issue of the newsletter on Monday. The article about imports in tonight’s issue would normally be reserved for our Premium Level members. If you would like to learn more about Premium membership you can do so on our website or feel free to contact me in my office: 800-432-3475. Those of you who are on a free trial are already receiving Premium access and you can speak with John Temples or Ryan Packard as they follow-up on your trial about Premium Level membership and other options available.
We expect to have our next imports by product, port and country on the website later this week for our Premium Level members.
As always, all of 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
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
Final Thoughts
Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
Final Thoughts
I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).
Final Thoughts
What's going to be the next big thing in steel?
Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.