Final Thoughts
Final Thoughts
Written by John Packard
May 17, 2017
This evening I attended the Metals Industry Boy Scout Dinner in Chicago. The steel, and now metals industries have supported the Chicago area Boy Scouts for more than 25 years and, once again, there was close to 1,000 mostly steel people at the cocktail party and dinner. This included steel mills, service centers, trading companies, toll processors and many others who are associated with the industry.
One of the main topics of conversation was about the Section 232 investigation and how each company was dealing with the uncertainty contained in this investigation. There are companies who feel the result was known long before the investigation was called for by President Trump. Others think there is no way the manufacturing companies are going to lay down and take the abuse that could come from a limit or elimination of some/all foreign steel.
Uncertainty is the word of the day.
As always, your business is truly appreciated by all of us at Steel Market Update.
John Packard, Publisher
John Packard
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