Final Thoughts
Final Thoughts
Written by John Packard
April 17, 2015
We will begin our next flat rolled steel market analysis (survey for those of you new to SMU) on Monday morning. Invitations will be sent our by SurveyMonkey.com around 8 AM ET on Monday. If you receive an invitation please click on the link or button contained in the message to access your questionnaire.
Registrations continue for our next Steel 101 workshop which will be held in Merrillville, Indiana just outside of Chicago. The dates for the workshop are May 19 & 20th and the workshop will include a tour of the NLMK USA steel mill located in Portage, Indiana. The NLMK mill is a mini-mill, which means it uses an electric arc furnace (EAF) to reduce scrap to new steel. You can find more information about our program, instructors, costs and how to register in the Events section of our website. If you have any issues or if you have any questions, please do not hesitate to give us a call: 800-432-3475.
In this evening’s issue we have included the most recent currency article which is normally provided to our Premium level members approximately once every three weeks. The value of local currencies against the U.S. dollar is one of the main reasons why commodities (and steel) are having issues. The stronger the dollar the more attractive our market looks to other countries. If you would like to learn more about Premium level membership please contact our office: 800-432-3475 or info@SteelMarketUpdate.com. We will gladly provide a free trial period and we also provide special pricing for existing Executive level members who wish to upgrade their accounts.
As always your business 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
And just like that, we’re wrapping up the last SMU newsletter of 2024. We’re closing out our 19th year and looking with wide-eyed anticipation to what 2025 will bring.
Final Thoughts
SMU looks back at stories from Decembers past, one, five, 10, and 100 years ago.
Final Thoughts
It's that time of year again. You know, that time when people wonder if those things are drones in New Jersey or if the aliens are ready to come onto the stage just in time for Inauguration Day. What will that do for steel price volatility? In any case, the SMU team finds itself in Pittsburgh this week.
Final Thoughts
The Community Chat last Wednesday with ITR economist Taylor St. Germain is worth listening to if you couldn’t tune in live. You can find the replay and Taylor’s slide deck here. You can also find SMU reporter Stephanie Ritenbaugh’s writeup of the webinar here. Taylor is Alan Beaulieu’s protégé at ITR. Many of you know Alan from his talks at SMU Steel Summit. I found Taylor’s analysis just as insightful as Alan’s.
Final Thoughts
Cracks have formed in what has been presented as the Biden administration’s united front against Nippon Steel’s play for U.S. Steel. A report from the Financial Times said parts of the administration are at odds on the deal.