Steel Products
Final Thoughts
Written by John Packard
March 21, 2013
It has been a hectic past few days due to my travel schedule – which happened to include a drive from Montreal to Albany, New York in the middle of a snow storm. It has been more than 30 years since I lived in Minnesota…but, the lessons learned those many years ago came in handy over the past 24 hours.
Part of the excitement was managing to have my briefcase stolen during my trip. The briefcase which included my laptop. So, this evenings edition is being brought to you by our fine writing team of Peter Wright, Sandy Williams and Brett Linton with an assist from my iPhone…
I hope everyone is enjoying the new analysis Peter Wright has been bringing to the table. We have plans to expand many of the items we have covered in the past using Peter’s expertise and analysis. As our new website comes up we hope to break our content into a number of products so those who are looking for a deeper analysis can get it, those who wish to have us keep producing our original product can get it and then offer something to those who only want to see something on a monthly basis. I will get into more details on each product as we finish development.
As I have mentioned in the past – if there are certain items you would like to see SMU spend more time explaining or analyzing in more detail – please send your suggestions and comments to my attention: John@SteelMarketUpdate.com
As always we enjoy hearing from our readers and we truly appreciate your business.
John Packard
Read more from John PackardLatest in Steel Products
CRU tariff webinar replay now available
CRU’s latest webinar replay on how Trump’s tariffs affect the global steel market is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. You’ll find not only this special CRU webinar but also all past Community […]
US, offshore CRC prices diverge
US cold-rolled (CR) coil prices declined this week, slipping for the first time since early February. Most offshore markets deviated, moving higher this week.
Construction growth slowed in March on tariff woes: Dodge
The decline comes after reaching a record high in January to kickstart the year.
Return of S232 zapped gap between US and EU HR prices, Asian HR remains cheaper
Domestic hot-rolled (HR) coil prices declined this week for a third straight week. Most offshore markets bucked the trend and gained ground. Uncertainty in the US market around tariffs, especially after “Liberation Day,” caused US prices to slip as buyers moved to the sidelines. It’s unclear to date whether the 90-day pause on the more […]
SMU Steel Demand Index momentum slows further
SMU’s Steel Demand Index growth eased again, according to early April indicators. The slowdown comes after the index reached a four-year high in late February.