Final Thoughts

Final Thoughts
Written by John Packard
March 4, 2015
Steel Market Update just concluded our 5th flat rolled steel market survey earlier today. We have a couple of articles in tonight’s issue associated with our survey results and there will be more on Sunday. Our Premium level members should have access to the latest Power Point presentation on the survey results on our website by late morning on Friday.
I want to welcome our newest members to the Steel Market Update family. I also want to let our newest members know that our office is open to comments and suggestions. We appreciate knowing both what we are doing right as well as what we could do better. I can be reached by email at: John@SteelMarketUpdate.com or on our office phone: 800-432-3475.
We have set a date at the end of April for our next Managing Price Risk workshop. There is quite a bit of interest in futures trading (or in how to hold these lower prices for a longer period of time using futures and options) so we are working on a program focused on some of the issues and opportunities associated with what we are seeing in the market right now (along with the usual protecting of inventory values, margins, etc.). I hope to have the tweaked program ready and online by late next week.
Right now our Steel 101: Introduction to Steel Making & Market Fundamentals workshop on May 19 & 20th in the Chicago area is open for registration. You can find details on our website or by clicking on this link. If you have any questions please do not hesitate to contact us in our office: Info@SteelMarketUpdate.com or 800-432-3475.
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
Will a US-UK meeting next week prove a harbinger of tariff deals to come, or will it be just another case of having the rug pulled from under us?

Final Thoughts
When will we see prime scrap become scarce as the worldwide transition to EAF melting increases, especially for HRC production? It's a question I've been asked a lot.

Final Thoughts: The hidden cost of analysis paralysis in the age of uncertainty
With US economic indicators all over the map, it’s no wonder the steel market has experienced a whole lot of analysis paralysis this year.

Final Thoughts
A recurring theme in conversations with some of you and in the comments submitted in our surveys is concerns about demand and uncertainty around tariffs. Where does SMU’s latest opinion polling on President Trump’s tariffs stand? Let’s take a look at the numbers.

Final Thoughts
I’ve been getting some calls lately from some of you who want to kick around ideas on where prices might bottom and when.