Analysis

Final Thoughts
Written by John Packard
October 3, 2016
It is anything but a normal working day here on the east coast of Florida. Hurricane Matthew is forecast to be within 65 miles of my doorstep come Thursday and Friday of this week so today has been spent preparing to evacuate. No sense playing with Mother Nature. SMU HQ will be closed on Wednesday, Thursday and probably Friday but our phones are being forwarded to our Georgia office and Brett Linton.
We now have a waiting list for our Steel 101 workshop in Memphis, Tennessee. Our attendee list is the most interesting I have ever seen with people coming from as far away as Santiago, Chile. Our next workshop will be in late January/early February and we expect to have details in the coming days.
Also, please note that John Eckstein (metallurgist and Steel 101 instructor) and myself will be conducting a two-hour “mini” Steel 101 workshop at FABTECH in Las Vegas, Nevada on Friday, November 18th.
We are also attending the ASD Annual Meeting which will also be in Las Vegas beginning on the 17th.
I will be reporting from the other side of the state of Florida on Thursday.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Analysis
Brazil pig iron market activity picks up
The pig iron market in Brazil saw some activity last week that could present some additional options to producers there, but at lower price levels.
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
Key takeaways from CRU’s US Ferroalloys Connections Summit
CRU analysts break down their top takeaways from CRU's 31st Annual Ferroalloys Connections Summit, held Oct. 19-21 in Miami.
SMU Steel Demand Index improves but remains in contraction
SMU’s Steel Demand Index remains in contraction, according to late October indicators. Though growth faded at a slower pace, it rebounded from one of the lowest readings year-to-date from earlier in the month.
SMU Survey: Steel Buyers’ Sentiment Indices increase
SMU’s Steel Buyers’ Sentiment Indices both rose this week, with Current Sentiment rebounding 14 points.
