Final Thoughts
Final Thoughts
Written by John Packard
March 18, 2019
On my way back to the USA following a good meeting with the folks at Ternium in Mexico. More to follow later.
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Companies are beginning to register for our next Steel 101: Introduction to Steel Making & Market Fundamentals workshop, which will be held in Davenport, Iowa, on May 14-15, with the kind cooperation of SSAB Americas. The classroom sessions on the making and marketing of steel products will be complemented by a tour of the SSAB mill. For anyone who has never seen a steel mill in operation, this will be an unforgettable experience.
It’s not too early to begin making plans for the 2019 SMU Steel Summit Conference, to be held Aug. 26-28 in Atlanta. This year the conference will begin with a Price Risk Management Workshop hosted by the CME Group beginning at 10:30 a.m. on Monday, Aug. 26 in the Marriott hotel next to the Georgia International Convention Center, which will host the rest of the conference. To learn more and to register, go to: www.SteelMarketUpdate.com/Events/Steel-Summit
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John Packard, President & CEO
John Packard
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Final Thoughts
We’re in the dog days of summer, and the question is whether the market will improve as lead times stretch into September. Your answer to that question might depend on where you are in the supply chain. And producers, it seems to me, are a lot more optimistic than consumers at the moment.
Final Thoughts
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Final Thoughts
A scrap trader looks back fondly at blast furnace steelmaking.
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Is this just a severe case of the summer doldrums? Will demand improve in the fall, as it often does? Or has uncertainty around tariffs and the economy created a more lasting impact?
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