Final Thoughts

It will be interesting to see how AK Steel and Steel Dynamics (SDI) interact with the newly purchased Dearborn and Columbus steel mills. One SDI customer told us today that the mill tends to be very deliberate in their decision making process and they did not expect radical changes for a number of weeks if not months.

My son sent me a long range forecast for the United States which was calling for another big snow year for most of the United States. Something to think about as you prepare for late 4th Quarter and into 1st Quarter 2015. Will this be another record ice year on the Great Lakes. Brendan O’Conner of Interlake Steamship Company told our Steel Summit attendees that the Great Lakes water temperatures were running about 7 to 8 degrees cooler than normal. He also told the group that alone does not predict whether it will be a big ice year or not but… (if you are planning a warm weather destination vacation book early).