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: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.
Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.
Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.
Final Thoughts
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.
Final Thoughts
We moved our pricing momentum indicators from “lower” to “neutral” for all sheet products this week. For those keeping score, we had been at “lower” for six weeks. And I know some of you think we should have been there for even longer.