Final Thoughts
Final Thoughts
Written by John Packard
March 17, 2017
We will begin a new analysis of the flat rolled steel market on Monday with our invitations set to go out at 8 AM on Monday morning. If you receive an invitation please take a moment to click on the link/button contained in the message which will take you to SurveyMonkey.com which hosts our questionnaire. If you would like to be added to our invitee list please send me your name, email address, position and phone number. Please send it to: info@SteelMarketUpdate.com
Registration is open for our next Steel 101: introduction to Steel Making & Market Fundamentals workshop which will be held in Ontario, California and will include a tour of the California Steel Industries steel mill. More details can be found online and we will have hotel information posted on the site by the middle of this week. The April 11-12th workshop in Toledo, Ohio has been sold out for almost a month and we thank those who have registered for that workshop. We also thank North Star BlueScope for their support by allowing our group to tour their mill as part of our workshop.
I will be in the office all week this week. Next week I will be traveling to Las Vegas to speak to the Steel Framing Industry Association (SFIA). I am looking forward to getting out west and speaking to the SFIA members.
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
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.
Final Thoughts
Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
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).
Final Thoughts
What's going to be the next big thing in steel?
Final Thoughts
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.