Final Thoughts
Final Thoughts
Written by John Packard
September 23, 2016
A note to our Premium level customers, the Power Point presentation of last week’s flat rolled steel market trends analysis has been placed on the website. We will have a Premium level newsletter coming out on Monday as well. If you have any questions or need assistance to find our survey results please contact Brett@SteelMarketUpdate.com
We have just one seat left for the next Steel 101: Introduction to Steel Making & Market Fundamentals workshop. We are working on our workshop schedule for next year and we will advise as soon as we have solidified dates and locations.
Monday evening should be interesting as Hillary Clinton and Donald Trump debate for the first time. As they get ready to debate I think back to our Steel Summit conference when Lourenco Goncalves told the group that the U.S. will survive no matter who becomes president.
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.
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?