Final Thoughts

Final Thoughts
Written by John Packard
December 1, 2017
I am sitting in the airport in Fort Lauderdale waiting on my flight to Las Vegas. I am on my way to attend the HARDI annual conference. If you are planning on and would like to meet with me during the conference, you can email or text me.
My email address is John@SteelMarketUpdate.com and my phone number is 770-596-6268. I am speaking at the steel committee meeting on Tuesday at 10 AM.
We are including an article in tonight’s newsletter about our SMU Key Market Indicators, which is one of the proprietary products associated with our Premium level membership. If you would like to learn more about Premium level membership and services, please contact us at info@SteelMarketUpdate.com.
A note about our Christmas and New Year’s schedule. Our last issue for the 2017 calendar year will be Thursday, Dec. 21. We will not publish any newsletters from Sunday, Dec. 24, through New Year’s Day. Our first issue for calendar year 2018 will be Tuesday, Jan. 2.
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
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.