Final Thoughts
Final Thoughts
Written by Brett Linton
June 5, 2015
You have 23 days (as of today) to take advantage of our early bird special registration rates for the SMU Steel Summit Conference which will be held on September 1 & 2, 2015. For our regular customers (subscribers) when you take the early bird special rate and include the $100 per person discount given to member companies the price quickly drops from $1200 per person to $900 per person. We encourage those of you who are planning on attending to register early, and then convince others within your company, suppliers or customers to join you in Atlanta.
I will be in New York City beginning tomorrow late afternoon (Monday) as I will be attending the Bank of America Merrill Lynch dinner and other events surrounding the Steel Success Strategies conference. I will be in NYC through Wednesday afternoon. If you would like to meet with me while I am in NYC you can email me: John@SteelMarketUpdate.com or text me: 770-596-6268. I will also be around the Sheraton Hotel off and on as I go from meeting to meeting.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
Brett Linton
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Final Thoughts
“Trump took to Twitter.” That was a familiar story lead in Trump 1.0. Now it’s “Trump took to Truth Social (or X)." The latest example: President-elect Donald Trump on Monday evening said he was “totally against” U.S. Steel being acquired by Nippon Steel in a post on Truth Social.
Final Thoughts
And so it begins (again). Not to be outdone by Thanksgiving, President-elect Donald Trump has threatened to impose tariffs of 25% on all imports from Canada and Mexico. He also threatened to hit all imports from China with tariffs of 10% - an amount that would come on top of a boatload of pre-existing duties and tariffs.
Final Thoughts
“We’ll always have Paris,” as the famous line in Casablanca goes. And this month, the global steel industry did as well. The Organization for Economic Co-operation and Development (OECD) Steel Committee met in the City of Lights earlier this month. There was also a meeting of the Global Forum addressing excess steel capacity.
Final Thoughts
It’s once again A Tale of Two Cities in the steel market. Some are almost euphoric about Trump’s victory. Others, some rather bearish, are more focused on the day-to-day market between now and Inauguration Day on Jan. 20.
Final Thoughts
One of the perhaps unintentional perks of being a trade journalist is the opportunity to travel and cover an array of industry conferences and events. Some I've attended have been at fun locations, like Palm Springs and Tampa, Fla. Others have been in more practical locations, like SMU’s Steel Summit in Atlanta and American Iron and Steel Institute (AISI) and Steel Manufacturers Association (SMA) meetings in Washington, D.C.