Final Thoughts
Final Thoughts
Written by John Packard
February 6, 2015
Just a quick note to let everyone know I will be in Tampa later this week for the Port of Tampa Steel Conference. I will be reporting on what I learned in Thursday evening’s edition of Steel Market Update.
I want to take a moment to welcome our newest members and to remind them that we are open to comments, questions and suggestions. A number of our articles each week come from suggestions from our readers. We also react to comments such as one reader who was interested in a particular graph that we had shared in an article. So, we put the data on our website in an interactive graph for all of our clients to enjoy. I can be reached at: John@SteelMarketUpdate.com or by phone at: 800-432-3475.
As always your business is truly appreciated by all of us here at Steel Market Update – please go tell your friends about us…
John Packard, Publisher
John Packard
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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.