Final Thoughts

Final Thoughts
Written by John Packard
July 1, 2015
I want to wish everyone in the United States a happy and safe 4th of July holiday weekend.
This evening’s edition of Steel Market Update is what I consider “lite” due to the limited number of articles as I am trying to give the SMU team some time off to enjoy the long weekend.
Steel Market Update’s offices will not be manned tomorrow (Friday, July 3rd) but Diana and I will be monitoring our voice mail and emails and returning calls as needed. If you have a question or an issue do not hesitate to contact our office (800-432-3475) and we will do our best to handle your issue.
Our website operates 24 hours a day no matter what holiday is upon us. Our early bird registration for our 5th Steel Summit Conference will end on July 15th. You can register online or through our office. You are also welcome to send us an email requesting an invoice and we will honor the early bird pricing. Send your emails to: info@SteelMarketUpdate.com
Thank you again for your business as it is truly appreciated by all of us at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.

Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.

Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.

Final Thoughts
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.

Final Thoughts
We moved our pricing momentum indicators from “lower” to “neutral” for all sheet products this week. For those keeping score, we had been at “lower” for six weeks. And I know some of you think we should have been there for even longer.