Final Thoughts

Friday, July 14, 2017 12:00 PM Written by 
Published in Final Thoughts

I am working on an article regarding foreign steel offers, which have almost dried up completely due to the threats/unknowns associated with the Section 232 investigation. There have been a number of months where foreign steel imports have exceeded 3.5 million tons. We are hearing that these months will soon be behind us - although my gut tells me it might be October before we see any radical change in the numbers. The U.S. Department of Commerce will release new import license data on Tuesday evening. We will be on top of the numbers as we work to better understand both the short- and long-term consequences associated with change and with uncertainty.

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John Packard

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at: or by phone: 800-432-3475.

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