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
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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.