Final Thoughts
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Final Thoughts
Written by John Packard
July 9, 2014
I spoke with the International Trade Administration this afternoon (Thursday) and they advised me that the OCTG Final Commerce ruling announcement will come out between noon and 4 PM ET tomorrow. The deadline date is today, July 10th but the actual announcement is always made on the next business day. We will receive a copy of the ruling when it is released and we will produce an article which will go in our Premium Level supplement issue which is due to go out tomorrow afternoon anyway (and everyone will get it since we are giving our Executive Level members full access to Premium content).
I understand there was a fire at the ArcelorMittal Dofasco blast furnace on Wednesday evening. The fire was related to the failure of a gas valve at the top of the #2 blast furnace. The fire was quickly extinguished and no one was hurt according to media reports.
Besides our Steel Summit Conference our next Steel 101 workshop is seeing an early influx of registrations. The next Steel 101 workshop will be held in Fort Wayne, Indiana and will include a tour of the Steel Dynamics EAF and rolling mill. Details for both our Steel Summit Conference and Steel 101 are on our website.
As always we want to thank you for your business as it 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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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.
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Final Thoughts
A lot of the changes basically entail rolling back what I’ll call, for fun, Section 232 Lite. S232 Lite resulted from watering down what I’ll call OG S232 – the one first imposed in March 2018 - with exemptions and exclusions over the years. Now, OG Section 232, is back with its across-the-board 25% tariffs against everyone.