Final Thoughts
Final Thoughts
Written by John Packard
September 25, 2015
We will be in Iowa next week for one of our Steel 101: Introduction to Steel Making & Market Fundamentals workshops. We are looking forward to working with SSAB again, as we did a workshop in Mobile, Alabama and toured their Alabama facility. This is our first trip to Iowa.
We are working on ironing out the details on our next Steel 101 workshop which is expected to be in the south in January 2016. We will provide details once they are available.
We also intend to provide more details from last week’s flat rolled steel market analysis in Tuesday evening’s edition of our newsletter.
For our Premium members we will provide our Key Market Indicators in tomorrow’s Premium supplemental issue.
This week will be a busy week for the industry as both US Steel and ArcelorMittal are back at the negotiation tables with the United Steelworkers, as we reported in one of tonight’s articles we will learn if Fiat Chrysler workers vote not to accept the contract and we will have the beginning of negotiations on ferrous scrap prices which are expected to plummet $20 to $50 per gross ton.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
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Final Thoughts
t this point in the game I think what we can say about Nippon Steel’s proposed buy of Pittsburgh-based U.S. Steel is that it will go through, it won’t go through, or the outcome will be something new and completely unexpected. Then again, I’m probably still missing a few options.
Final Thoughts
President-elect Donald Trump continues to send shockwaves through the political establishment (again). And steel markets and ferrous scrap markets continue to be, well, anything but shocking. As the French writer Jean-Baptiste Alphonse Karr wrote in 1849, "The more things change, the more they stay the same." (I thought the quote might have been Yankees catcher Yogi Berra in 1949. Google taught me something new today.)
Final Thoughts
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Final Thoughts
Another presidential election cycle has come to an end. If you’re anything like me, part of you is just happy you no longer need to unsubscribe or “text STOP to opt-out” from the onslaught of political text messages this cycle produced.
Final Thoughts
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