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
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.
Final Thoughts
Maybe some of this uncertainty will get ironed out ahead of Liberation Day tariffs resetting higher rates on July 9. But if I had to place a wager, it would be on more drama and last-minute brinksmanship - whether it comes to the Liberation Day tariffs or the various Section 232s that are in the works.
Final Thoughts
What should you keep your eye on, considering the latest geopolitical events?
Final Thoughts
Not many people in the North American steel market had direct US involvement in another Middle East conflict on their bingo card. Prices weren't expected to shoot higher unless something unexpected happened. That unexpected something has now happened. And there is talk of oil at $100 per barrel. What does that mean for steel?
Final Thoughts
Now that the USS/Nippon deal has been completed, what's next?