Final Thoughts
Final Thoughts
Written by John Packard
February 27, 2015
I will be staying put for a couple of weeks and can be found in our current headquarters. Please feel free to contact me should you have any questions, comments or suggestions. This offer includes those of you who are on a trial of the Steel Market Update (SMU) newsletter(s). I am always interested in speaking to those who are just finding SMU for the first time. I can be reached at: John@SteelMarketUpdate.com or by phone: 800-432-3475.
Steel Market Update will begin our early March flat rolled steel market analysis (survey) beginning at 8 AM ET on Monday morning. If you receive an invitation to participate please take a moment to click on the link and complete our questionnaire. We will run the survey through Thursday of this week.
We will put out a special supplemental issue tomorrow (Monday) for our Premium level members. We have articles regarding our Key Market Indicators and the latest update on currency values for the steel trading nations.
On Wednesday I will be “debating” Timna Tanners of Bank of America for her clients.
Just another week at the office.
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
Can technology help with pig iron and DRI/HBI tariffs?
Final Thoughts
Tariff-related noise aside, there is one basic factor keeping buyers on the sidelines. Despite recent declines, HR prices remain at historically high levels. And there is no obvious support to keep them there.
Final Thoughts
United Airlines raised eyebrows earlier this month when it provided two forecasts for 2025 – one assuming a relatively stable economy and another assuming a recession. The reason? Uncertainty around the impact of President Trump’s policy shocks on the broader economy. And it sometimes feels like we’re seeing a battle between those two narratives (stable vs recession) play out within in the pages of this newsletter.
Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.
Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.