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
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Final Thoughts
We’ve talked about tariffs ad nauseam for much of the year. And I’m afraid this topic isn’t going away anytime soon. There’s a feeling that the tariff “can” will just be kicked down the road again and again, and again.
Final Thoughts
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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.