Final Thoughts
Final Thoughts
Written by John Packard
February 23, 2018
Diana and I will be traveling on Monday and Tuesday on business and will not be available in our offices and will have limited use of our cell phones. If you have an issue, please contact Brett Linton at 706-216-2140 or send emails to info@SteelMarketUpdate.com.
I will be canvassing the market on Monday afternoon and Tuesday morning to see where spot prices are for this week. Thank you in advance for working with me to get the latest offers, as well as what transaction prices are for this week.
Registration is open and available on the website for the 2018 SMU Steel Summit Conference. You can go to www.SteelMarketUpdate.com/events/steel-summit to get more details and to register for this year’s event.
As always, your business is truly appreciated by all of us at Steel Market Update.
John Packard, Publisher
John Packard
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President Trump’s tariff policies have a lot more in common with a roundabout than you’d think.
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The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
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Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
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I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).
Final Thoughts
What's going to be the next big thing in steel?