Final Thoughts
Final Thoughts
Written by John Packard
November 24, 2014
First, I want to wish everyone in the United States a wonderful Thanksgiving Holiday with family and friends. Steel Market Update will not publish on Thursday but will return to our normal schedule on Sunday evening.
Our offices will be open both on Wednesday and Friday of this week but will be closed on Thanksgiving day.
A note that I will be speaking at the HARDI conference in San Antonio, Texas during the first weekend in December. After that we have a private sales consulting workshop we are producing for a service center. If your company has an interest in one-on-one workshops please contact me at: John@SteelMarketUpdate.com.
Our next Steel 101 workshop will be held in South Carolina on January 20-21, 2015. Details can be found on our website. Registration is open and a tour of the Nucor Berkeley steel mill is part of our program.
I want to welcome our newest members to the SMU community. If you have any questions, comments or suggestions please do not hesitate to contact our offices: info@SteelMarketUpdate.com or by phone: 800-432-3475. Many articles begin as one of our readers asks a question or makes a suggestion.
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: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.
Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.
Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.
Final Thoughts
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.
Final Thoughts
We moved our pricing momentum indicators from “lower” to “neutral” for all sheet products this week. For those keeping score, we had been at “lower” for six weeks. And I know some of you think we should have been there for even longer.