Analysis
March 22, 2019
Final Thoughts
Written by John Packard
There were a number of comments connected to the article we did on Thursday regarding Timna Tanners “Steelmageddon” opinion. Most of the comments in last week’s survey were against the Steelmageddon thought process which calls for the collapse of steel prices in a couple of years when the new capacity comes online.
As you can sense from the interview with Ternium, the mills believe we are in a growth market and the capacity is needed.
This will be one of the topics of conversation at this year’s SMU Steel Summit Conference. Registration is open and you can find more information on our website: www.SteelMarketUpdate.com/Events/Steel-Summit
Also on our website is information about our May 14-15, 2019 SMU Steel 101: Introduction to Steel Making & Marketing Fundamentals workshop. You can find more information on our workshop at www.SteelMarketUpdate.com/Events/Steel101
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, President & CEO
