Final Thoughts
Final Thoughts
Written by John Packard
January 15, 2016
SMU will begin our mid-January flat rolled steel market analysis beginning at 8 AM on Monday. If you receive an invitation to participate, please take a few moments to click on the link (button) which will take you to SurveyMonkey.com where our questionnaire is housed. Premium level members, as well as those who participate in the process, will receive the results of our analysis in the form of a Power Point on Friday afternoon of this week.
I will be traveling for a portion of this week as we are conducting one of our Steel 101 workshops in Starkville, Mississippi and we will tour the SDI Columbus steel mill as part of our workshop. We will have more workshops later this year for those interested.
Also, we can conduct special training workshops customized for your company using segments of our Steel 101, Managing Price Risk, Sales Training or other programs. If you would like to learn more about custom programs you are welcome to contact me at: John@SteelMarketUpdate.com or by phone at 800-432-3475.
Registration is still available for our upcoming Leadership Summit Conference which includes the strongest program we have ever put together. You can find details on our website: www.SteelMarketUpdate.com or you are welcome to contact me with any questions you might have: John@SteelMarketUpdate.com or 770-596-6268 (cell).
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
I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).
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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.
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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.
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What should you keep your eye on, considering the latest geopolitical events?