Final Thoughts

Final Thoughts
Written by John Packard
November 6, 2017
I am in Chicago this evening having conducted a shortened version of our Steel 101 workshop at the FABTECH conference. We had a good group of people who were totally unaware of Steel Market Update and, in many cases, were attending to gain more knowledge about the steels their company uses. We had energy people who had questions about steels used to protect people working in nuclear power plants. We even had a teacher/professor from Kodiak, Alaska.
I will be back in my office on Thursday and will remain close to home until early December when I go to Las Vegas to speak at HARDI.
We have set dates for the March Steel 101 workshop. It will be March 28-29 and we will be touring the NLMK USA Portage, Ind., minimill. I hope to open registration up for the March program by no later than Monday of next week.
As always, your business is truly appreciated by all of us at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.

Final Thoughts
Nearly 50% of respondents to our latest survey thought hot-rolled coil prices have already peaked. And where will those prices be two months from now? Responses were decidedly split on that question.

Final Thoughts
A modest week-to-week change in HR price understates a huge swing in expectations.

Final Thoughts
What happens when ChatGPT meets SMU's Market Chatter? No, this is not an idea for the latest Hollywood blockbuster. Then again, with what Hollywood is putting out these days, Chatter Meets Chat might just turn out to be a hit. Rather, it’s that old idea of putting theory into practice. Recently, I conducted an interview with Doug Schrock, managing principal of AI at public accounting and consulting firm Crowe. He gave some tips on how to implement AI into your business.

Final Thoughts
The Trump tariff drama continues.