Final Thoughts

Final Thoughts

Written by John Packard


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

 

 

Latest in Final Thoughts

Final thoughts

Last week was a newsy one for the US sheet market. Nucor’s announcement that it would publish a weekly HR spot price was the talk of the town – whether that was in chatter among colleagues, at the Boy Scouts of America Metals Industry dinner, or in SMU’s latest market survey. Some think that it could Nucor's spot HR price could bring stability to notoriously volatile US sheet prices, according to SMU's latest steel market survey. Others think it’s too early to gauge its impact. And still others said they were leery of any attempt by producers to control prices.