Final Thoughts
Final Thoughts
Written by John Packard
April 13, 2018
On Monday, April 16 we will begin our mid-April flat rolled steel market trends analysis. Our goal is to be able to spot changes in pricing, demand, negotiations, sentiment and many other trends that ultimately affect steel prices in North America. If you receive an invitation to participate please answer the first question which will then take you to the rest of the questions being asked of your industry group this week. If you want to be added to the invitee list please contact us at info@SteelMarketUpdate.com
A reminder that our Steel 101 workshop in Memphis, Tennessee still has plenty of room in it. I think this will be a special one since we are going to tour two Nucor mills – Hickman and Nucor-Yamato. I want to thank Nucor for working with us on this workshop as well as other Steel 101’s in the past. The workshop cost is $2,000 per person with a $100 per person discount for SMU member companies and another $100 per person discount for those companies sending two or more people. Details are on our website: www.SteelMarketUpdate.com/events/steel101 and you can register online or you are welcome to contact our offices at 772-932-7538. If you have any questions I would be happy to answer them for you. Send them to: John@SteelMarketUpdate.com.
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.