Final Thoughts

Final Thoughts
Written by John Packard
October 10, 2016
In this evening’s edition we have included a number of articles that would normally go to just our Premium level members. We thought that our Executive level members would like to get an idea of some of the articles and data they are missing. Included in that list is the Power Point presentation of our flat rolled steel market trends analysis (survey) which was released on Friday afternoon to our Premium level members. Tonight we have included articles on Shipments & Supply, GDP and Imports by Product, Port & Country. If you have any questions about Premium level membership please contact our office at 800-432-3475 or by email at info@SteelMarketUpdate.com
A note to those of you who will be attending Fabtech or the ASD annual meeting in Las Vegas in November. John Eckstein (metallurgist and SMU instructor) and I will be presenting a 2-hour taste of our Steel 101 workshop on Friday morning, November 18th at the Las Vegas Convention Center. The workshop is free. If you have any questions about what we will be discussing, please send us an email at: info@SteelMarketUpdate.com.
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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There has been almost an assumption that US mills would get the $950-1,000 per ton ($47.50-50 per cwt) they were seeking on HR base and $1,150-2,000 per ton ($57.50-60 per cwt) for cold-rolled and coated base. Recall that Cliffs initially announced an increase and said it was seeking $1,000 per minimum for hot-rolled coil. Nucor […]
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United Auto Workers (UAW) members have ratified a new labor contract with Detroit-based General Motors, the largest US automaker. In other words, the UAW strike that began on Sept. 15 - and that rattled the steel industry in the months leading up to it - is almost in the rear-view mirror.