Final Thoughts
Final Thoughts
Written by John Packard
May 12, 2014
I am getting excited by the progress we are making on our September Steel Summit conference. I have been talking to as many manufacturing companies, service centers, steel mills and trading companies as we strive to put on an exceptional program with quality speakers who will provide valuable content. Easy to say, not so easy to do. But, I think we are well on our way. I have advised previously that one of our dynamic duos will be Ms. Timna Tanners of Bank of America Merrill Lynch and John Anton of IHS Global Insight. It is rare that the two of them agree on their price and market forecasts. I will be interested to see if 2014 is any different. The dates to mark on your calendar are: September 3 & 4, 2014 – destination: Atlanta, Georgia.
Today just seems to be import day as the news cycle is hitting foreign steel. We are staying on top of the subject and it is one we will also try to cover in our conference in September.
I want to take a moment to welcome our newest members and I want to remind them that we try to be an accessible and responsive company. If you have any questions, suggestions, ideas or articles you would like to share with us we can be reached at: info@SteelMarketUpdate.com or by phone: 800-432-3475.
As always I want to take a moment to thank all of our customers for your business which is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
Final Thoughts
Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?
Final Thoughts
I’m not sure how many different ways I can write that it’s been a quiet market ahead of Independence Day. There are variations on that theme. I’ve heard everything from the ominous “eerily quiet” to "getting better" and even the occasional “blissfully unaware” (because I’m enjoying my vacation).
Final Thoughts
What's going to be the next big thing in steel?
Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.