Final Thoughts

Final Thoughts
Written by John Packard
November 20, 2017
This is the last Executive issue of Steel Market Update until Sunday evening. We will produce a Premium issue for our Premium clients tomorrow.
Our offices will be open tomorrow (Wednesday) and closed on Thanksgiving Day. We will have limited coverage on the Friday following Thanksgiving. Our offices will return to normal staffing and hours on Monday, Nov. 27.
If you or your company is interested in becoming either a sponsor or an exhibitor for our 2018 SMU Steel Summit Conference, please send a note to: info@SteelMarketUpdate.com and we will get you a brochure with pricing and information. Our expectation is that our conference will entertain 750+ steel and manufacturing executives next year. The conference will be held at the Georgia International Convention Center on Aug. 27-29, 2018. Mark your calendars and put us in your budget for next year.
End of the year housekeeping: We had a customer contact us today wanting to know the correct remit-to address as they have been using our old Georgia address and their letter was returned. Our remit-to address is: Steel Market Update, P.O. Box 1255, Hobe Sound, FL 33475. Accounting office phone number is 772-932-7538. My office phone number is 800-432-3475. The accounting office and mine are in two separate buildings. If you have questions about our website, the best person to call is Brett Linton who can be reached at 706-216-2140.
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
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.

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.