Final Thoughts

Final Thoughts
Written by John Packard
November 10, 2017
We will begin conducting our mid-November flat rolled steel market survey on Monday. If you receive an invitation to participate, please take a few moments to click on the button in the message, which will take you to our questionnaire. The questionnaire shouldn’t take more than a few minutes to complete. If you would like to be invited to participate in one of our surveys, please send an email message to John@SteelMarketUpdate.com.
We are opening up advertising opportunities for the 2018 newsletters. All of the banner ads were sold prior to the beginning of 2017 and we expect the same will be true for 2018. If your company has an interest in advertising in our newsletters or on our website (or both), please contact Brett Linton at Brett@SteelMarketUpdate.com.
Registration is available for the March 2018 Steel 101 workshop, which will be held in Merrillville, Ind. (just outside of Chicago). We will tour the NLMK USA Portage steel mill. Details can be found on our website. The January 2018 workshop, which will be in Mobile, Ala., is sold out.
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 Final Thoughts

Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.

Final Thoughts
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.

Final Thoughts
We moved our pricing momentum indicators from “lower” to “neutral” for all sheet products this week. For those keeping score, we had been at “lower” for six weeks. And I know some of you think we should have been there for even longer.

Final Thoughts: The long shadow of Ken Iverson
Renowned Nucor Chairman and CEO Ken Iverson would’ve turned 100 on Sept. 18 of this year.

Final Thoughts
Algoma Steel has publicly confirmed that it might scale back its presence in the US market. It's no secret why: 50% Section 232 tariffs remain in place against Canada, which has traditionally been one of our closest allies.