Final Thoughts
Final Thoughts
Written by John Packard
May 21, 2014
A reminder that Steel Market Update will not publish this Sunday evening due to the Memorial Day Weekend Holiday here in the United States. We will publish our next steel newsletter on Tuesday. We wish everyone in the United States a safe, healthy and happy holiday weekend.
Our September 3 & 4th Forecasting & Steel Summit Conference program is coming together as we strive to provide the most relevant content possible for those manufacturing companies and service centers who will be working on their 2015 and beyond business forecasts. I saw Dr. Chris Kuehl of Armada Corporate Intelligence speak at a conference earlier this year and was impressed with his grasp of the world, domestic and steel markets. I found him to be an engaging speaker and he should be an excellent addition to our program.
We will have hotel information for the conference available for you by next Tuesday evening’s issue of SMU.
More speaker announcements to come as well.
Until then, enjoy your holiday weekend and, 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
Can technology help with pig iron and DRI/HBI tariffs?
Final Thoughts
Tariff-related noise aside, there is one basic factor keeping buyers on the sidelines. Despite recent declines, HR prices remain at historically high levels. And there is no obvious support to keep them there.
Final Thoughts
United Airlines raised eyebrows earlier this month when it provided two forecasts for 2025 – one assuming a relatively stable economy and another assuming a recession. The reason? Uncertainty around the impact of President Trump’s policy shocks on the broader economy. And it sometimes feels like we’re seeing a battle between those two narratives (stable vs recession) play out within in the pages of this newsletter.
Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.
Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.