Final Thoughts
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Final Thoughts
Written by John Packard
April 16, 2014
Our Steel 101 workshop on May 6-7, 2014 is sold out and we have a three person waiting list. We are working on two more workshops to be conducted over the balance of the year and we will advise the dates and locations once we have worked out all of the details. Our goal is to conduct one during the summer months (probably August) and another one in early October.
As mentioned in a prior publication we have settled on the dates for our new Managing Price Risk 2: Strategies & Execution workshop. The dates are June 24 & 25, 2014 and the workshop will be conducted at the CME building in downtown Chicago. We are working on some final details and hope to be able to open registration very soon.
My article on steel sales: How to go from being noticed to getting orders, has created a lot of emails and social media contacts. I appreciate the communication and stories of your own. Please feel free to provide your thoughts and suggestions from your career which might help mentor someone new to the industry. I intend to follow up the article with one or more articles centered on sales with the next one coming in Sunday evening’s Steel Market Update.
Premium members – we should have the survey results on the website by no later than mid-morning on Friday. I am also working on our next service center inventory excess or deficit forecast which I hope to share with you on Friday as well.
If anyone is interested in learning more about the benefits of being a Premium member please do not hesitate to give me a call (800-432-3475) or send me an email: John@SteelMarketUpdate.com.
This offer is not inclusive to just existing members. If you are currently on a free trial and would like to know more about any of our products – three newsletters, Premium, Executive and Monthly – as well as our workshops and conferences – please give me a call or send me an email.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
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John Packard
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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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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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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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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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A look at how SMU survey respondents are reacting to President Trump's recent actions on tariffs.