Final Thoughts
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Final Thoughts
Written by John Packard
October 19, 2015
A reminder, if you received an email invitation to participate in our flat rolled market analysis please click on the link contained in the message. The questionnaire won’t take more than a few minutes to complete and at the end of the week we will have a Power Point presentation for all of those who participated in this week’s questionnaire.
License data continues to disappoint as trending toward numbers greater than 3.0 million tons for October. The good news from my office today is I at least spoke with a couple of companies who normally buy foreign steel and they are reporting they have little to no foreign steel on order at this time.
We continue to work diligently on our program for the upcoming Leadership Conference which will be held in March (8-9) at PGA National Resort & Spa the week after the hotel hosts the Honda Golf Classic. We are working with trade attorney Lewis Leibowitz to do a segment on the antidumping and countervailing duty trade laws, what changes may come out of the new trade language passed by the U.S. Congress earlier this summer as well as the status of each of the trade cases and what manufacturing companies and service centers need to be doing to protect their businesses in the future. We will have more details about the Trade segment of our program as well as other segments over the coming weeks. Right now you can set aside those dates…
Registration is open for our next Steel 101 workshop which will be held in Starkville, Mississippi on January 19-20, 2016 and will include a tour of the SDI Columbus steel mill. We are working with a brand new Marriott hotel (not even open yet) and we hope we can get all of the hotel arrangements confirmed by a live human being soon (we will add them to the website at that point in time).
As always your business 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.