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
SMU's hot-rolled (HR) coil price slipped this week to $685 per short ton (st) on average. We also adjusted our sheet momentum indicators to lower for the first time since July.
Final Thoughts
When a mapmaker constructs a map, it’s always to the contours of the land. Or sea. That is, the mapmaker doesn’t say, “Look, these rocks really don’t belong here, so I’m not going to include them in the harbor map.” Uncharted rocks, sink ships (along with loose lips).
Final Thoughts
We had an October surprise here at SMU on Wednesday. I was working from the CRU office in Pittsburgh, and the internet connection briefly went out. As luck would have it, that happened smack in the middle of a live Community Chat webinar. Fortunately, my colleague David Schollaert stepped in, Zekelman Industries CEO Barry Zekelman rolled with the punches – and the show went on. Could there be any more October surprises in store for us and for the steel market?
Final Thoughts
We just wrapped up another Steel 101 workshop, easily the most hands-on industry workshop on steelmaking and market fundamentals, in this humble opinion. Last week on Tuesday and Wednesday, SMU’s Steel 101 was held in Starkville, Miss.
Final Thoughts
Everybody has an opinion about politics these days. More importantly for our readers, though, every business has a bottom line. A popular question in our most recent steel buyers survey asked how uncertainty around the upcoming US presidential election could affect that line.