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
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The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
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Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
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I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).