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: 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.