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
President Trump’s tariff policies have a lot more in common with a roundabout than you’d think.
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The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
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Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
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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).
Final Thoughts
What's going to be the next big thing in steel?