Final Thoughts
Final Thoughts
Written by John Packard
January 30, 2015
It is Super Bowl Sunday in America and not many eyes will be focused on our newsletter until sometime on Monday morning. Like you, we at Steel Market Update are watching the game, and perhaps more importantly the commercials (and the halftime show…).
Congratulations to the New England Patriots for winning the game and to the Seattle Seahawks for making it exciting.
So, I will keep my final thoughts will be brief.
Our early February flat rolled steel market survey will begin first thing in the morning. If you receive an invitation please take a few minutes to click on the link and complete the questionnaire.
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.