Final Thoughts
Final Thoughts
Written by John Packard
May 16, 2014
On Monday we will begin our next flat rolled steel market analysis. We will be sending out approximately 600 invitations to participate in our survey. If you receive an invitation please click on the link contained in the message and spend a few minutes responding to our inquiries.
The ArcelorMittal Cleveland C-5 blast furnace is supposed to come back online this week. We also expect to see improvements out of Great Lakes as their steelmaking operations started up on Tuesday of this past week. It normally takes anywhere from a few days to up to a couple of weeks to get furnaces and the BOP back up and running efficiently.
I want to welcome our newest members. We encourage questions, comments or suggestions either about content in our newsletters or on our website. We can be reached at: info@SteelMarketUpdate.com or by phone at 800-432-3475.
As always 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
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.