Final Thoughts
Final Thoughts
Written by John Packard
March 28, 2018
I don’t know how to keep up with the changing winds associated with President Trump when it comes to trade, trade negotiations and the Section 232 tariffs (or threats of tariffs). According to Bloomberg, Trump said that he may delay the revamped trade agreement reached with South Korea that includes a quota and permanent exclusion on exports of steel into the United States. Bloomberg quoted Trump: “I may hold it up until after a deal is made with North Korea. You know why? Because it’s a very strong card, and I want to make sure everyone is treated fairly and we’re moving along very nicely with North Korea.”
It has been a hectic week here in Chicago. We had an exceptional group for one of our Steel 101 workshops, and I want to thank NLMK USA for hosting us at their Portage steel facility and assisting us in hosting last night’s networking and dinner for our group.
It has been a long day and week, so I am going to cut it short this evening. Have a wonderful Good Friday.
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
It's can-kicking at its finest. And it’s been drawn out! Some are getting so good at it, they’re kicking cans and taking names.
Final Thoughts
We just wrapped up another Steel 101 workshop, easily the most hands-on industry workshop on steelmaking and market fundamentals.
Final Thoughts
The US scrap market finds itself in a familiar position as we progress into the final quarter of the year.
Final Thoughts
Musings on decarb, tariffs, and technology, and where it might be leading.
Final Thoughts
There are days when this feels like a “nothing ever happens” market. Don’t get me wrong. Plenty is happening in the world. It’s just that none of it seems to matter when it comes to sheet and plate prices.