Final Thoughts

Final Thoughts

Written by John Packard


I was asked this evening if the JSW Ohio production tonnage is included in the weekly raw steel production report produced by the American Iron & Steel Institute (AISI). In the fine print of their weekly report, the AISI states that 1st Quarter 2019 production is estimated at 30.5 million tons, which is lower than the 30.8 million tons estimated for 4th Quarter 2018. It is higher than the 30.0 million tons estimated for 1st Quarter 2018. The AISI does not share how they determine these quarterly numbers. Sometimes you can figure it out on your own, sometimes it is not so clear. With JSW Ohio just beginning production, it is doubtful that their tonnage is included in the report. The weekly tonnage reported by the AISI is available in tonight’s newsletter in a separate article.

I want to welcome our newest members and those companies that have expanded their membership to include all of their employees whom they believe will benefit from receiving our newsletters and access to our website. We have two new membership levels in Regional and Global for companies with more than 12 employees who would like to receive our products. You can contact Paige Mayhair at 724-720-1012 for more details about becoming a member company or upgrading your existing account.

I want to take a moment to recognize and thank the sponsors who have already committed for the 2019 SMU Steel Summit Conference. I believe we have two or three sponsor spots still available, and you can contact Jill Waldman at Jill@SteelMarketUpdate.com for more information.

2019 SMU Steel Summit Sponsors 1.15.2019

As always, your business is truly appreciated by all of us here at Steel Market Update.

John Packard, President & CEO

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