Final Thoughts
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Final Thoughts
Written by John Packard
August 29, 2013
The Association of Steel Distributors (ASD) will host a Regional Meeting at the Ritz-Carlton Hotel in Cleveland, Ohio on Thursday, September 12th. The keynote speaker for the evening is Ohio Governor, John Kasich. Go to the ASD website for more information and registration: www.SteelDistributors.org.
The ASD will also host their Annual Fall Conference at the Encore Resort at the Wynn Hotel in Las Vegas, NV on October 24 through October 26, 2013.
The Metal Service Center Institute (MSCI) will hold their annual Steel Summit Conference in Schaumburg, IL at the Marriott Renaissance Schaumburg Convention Center Hotel. The conference will be held on September 9th and 10th. For more information got to the MSCI website: www.MSCI.org.
Monday, September 1st is Labor Day and Steel Market Update will not publish again until Tuesday evening, September 2nd.
We will begin our next steel market survey on Tuesday morning, September 2nd.
Our next Monthly Newsletter (Volume 1 issue 2) will be published early next week. We will provide a copy to our existing members. For those who are interested, the cost for an annual subscription to the Monthly Newsletter will be $300. I have had a couple of companies mention that it would be perfect for the president or CEO of their company…
For those in the U.S. enjoy the long Holiday Weekend as summer begins to wind down.
For all of us here at Steel Market Update we truly appreciate your business and support. We couldn’t have lasted this long without you.
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John Packard
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Final Thoughts
The US steel market has whipsawed upward on the prospect of expanded Section 232 tariffs of 25% being applied to imported steel - including downstream goods - on March 12. It seems pretty clear that domestic steel mills have the ear of the Trump administration when it comes to Section 232. The result? The much-anticipated Trump bump has finally arrived - and then some.
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Final Thoughts
Some of you have told me that the current market feels about as crazy as early 2021 when demand snapped back after the initial outbreak of the Covid-19 pandemic. Others have said it might be more like late February/early March 2022, when Russia launched a full-scale invasion of Ukraine – and, in the process, caused […]
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Final Thoughts
To say we’ve entered a “Brave New World” since Jan. 20 might be an exaggeration, but we’ve definitely entered a different one.
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Final Thoughts
I think it’s fair to say that the last few weeks – and last week especially – have been among the most intense for any of us covering steel (or aluminum).
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Final Thoughts
A look at how SMU survey respondents are reacting to President Trump's recent actions on tariffs.