Final Thoughts
Final Thoughts
Written by John Packard
September 5, 2014
On Tuesday we will do a complete review of the new zinc coating extras. The last report we provided mistakenly identified the Dofasco extras as those of ArcelorMittal USA. There is a difference in their extras due to the value of the Canadian currency against the U.S. dollar. We already have information on our website regarding the changes in extras and we will continue to add information as we now have time to devote to the topic.
We have six to eight places left for our Steel 101: Introduction to Steelmaking & Market Fundamentals workshop which will be conducted in Fort Wayne, Indiana on October 7 & 8, 2014. This workshop will include a tour of the Steel Dynamics Butler, IN, EAF flat rolled mill. You can learn more about the program, our instructors and cost and registration on our website. If you have any questions please do not hesitate to contact our office at 800-432-3475 or info@SteelMarketUpdate.com.
Thank you again to everyone who attended our Steel Summit Conference, to our speakers who did a stellar job and to our sponsors who helped us keep the price at a reasonable level. Next year the conference is scheduled for September 1 & 2 – mark your calendars.
As always your business 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
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
Final Thoughts
Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
Final Thoughts
I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).
Final Thoughts
What's going to be the next big thing in steel?
Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.