Final Thoughts
Final Thoughts
Written by John Packard
June 10, 2016
A reminder that I will be in New York City beginning on Monday and will not return to my office until late on Wednesday afternoon. I will be attending a number of steel-related meetings and conferences that surround the World Steel Dynamics Steel Success Strategies Conference. I do have some time slots open on Tuesday morning and mid afternoon should you be interested in touching base with me. You can text me or call me at: 770-596-6268 if you happen to have a spare moment. I should be close to the Sheraton Hotel most of the day on Tuesday.
Our next flat rolled steel market trends analysis will begin at 8 AM ET on Monday. If you receive an invitation please take a few moments to click on the button and to complete the questionnaire. We thank you in advance for your time which we know is valuable.
If you have already registered for our Steel Summit Conference – thank you. If you have not, well we highly recommend that you do. Our program is outstanding. The networking will be second to none and even the food will be darn good for a conference… If you have any questions please do not hesitate to contact our office at 800-432-3475 or by email: info@SteelMarketUpdate.com.
Our next Steel 101 workshop will be held in Memphis, Tennessee on November 15-16, 2016 and we will be touring the brand new Big River Steel. Space is limited. Registration is on our website.
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
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.
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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.