Final Thoughts

Final Thoughts
Written by John Packard
May 12, 2014
I am getting excited by the progress we are making on our September Steel Summit conference. I have been talking to as many manufacturing companies, service centers, steel mills and trading companies as we strive to put on an exceptional program with quality speakers who will provide valuable content. Easy to say, not so easy to do. But, I think we are well on our way. I have advised previously that one of our dynamic duos will be Ms. Timna Tanners of Bank of America Merrill Lynch and John Anton of IHS Global Insight. It is rare that the two of them agree on their price and market forecasts. I will be interested to see if 2014 is any different. The dates to mark on your calendar are: September 3 & 4, 2014 – destination: Atlanta, Georgia.
Today just seems to be import day as the news cycle is hitting foreign steel. We are staying on top of the subject and it is one we will also try to cover in our conference in September.
I want to take a moment to welcome our newest members and I want to remind them that we try to be an accessible and responsive company. If you have any questions, suggestions, ideas or articles you would like to share with us we can be reached at: info@SteelMarketUpdate.com or by phone: 800-432-3475.
As always I want to take a moment to thank all of our customers for your business which is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
We're going to have to wait a bit longer for the final outcome of the Nippon/USS deal.

Final Thoughts
Sure, demand isn’t as good the market had hoped it would be earlier this year. But assuming it doesn’t fall of a cliff, buyers will have to restock at some point. And that might give domestic mills enough leverage to raise prices again.

Final Thoughts
While I would anticipate market sentiment to pivot and improve if all the questions around tariffs were answered, that still leaves us with a few other factors.

Final Thoughts
Let's see what SMU survey respondents are saying about Trump's tariffs.

Final Thoughts
The Tariff Town amusement park ride shows no signs of slowing down.