Final Thoughts

The threat of any disruption at either U.S. Steel or ArcelorMittal USA is now off the table as AMUSA has reached a tentative deal with the United Steel Workers. U.S. Steel had reached an agreement a couple of weeks earlier. Now the industry focus is going to be on how much supply is coming online (and when) and what, if anything, it will mean for flat rolled prices in the coming months?

A reminder that our Toledo Steel 101 workshop is sold out and has a waitlist. We have opened registration for our January Steel 101 workshop, which will be held in Starkville, Miss., on Jan. 29-30, 2019. We will tour the Steel Dynamics mill, which includes a paint line (which we also anticipate touring when at the facility). We have an exceptional set of instructors in Peter Wright, Roger Walburn, Chuck McDaniels, Mario Briccetti and me. You can learn more about the workshop by going to our website: www.SteelMarketUpdate.com/Events/Steel101 or you can contact my office at 800-432-3475.