Final Thoughts
Final Thoughts
Written by John Packard
November 13, 2015
Our thoughts and prayers go out to those affected by the events in France on Friday evening. Our hope is that the world can use the events of the past few weeks in order to galvanize efforts to ultimately rid those who would prefer the world in Chaos.
We have opened registration for our Leadership Summit which will be held at the PGA National Resort & Spa in Palm Beach Gardens, Florida on March 7-9, 2016. We remind everyone that we are limiting registration for this event and we have a limited number of rooms blocked. You can register on our website or through our office: 800-432-3475. As with other conferences hosted by Steel Market Update we offer a discount for your SMU membership (this one is $150 per person) and we have another discount for early bird registration ($250 discount good through January 1, 2016).
Our mid-November flat rolled steel market analysis will begin at 8 AM ET on Monday morning. If you receive an email invitation please click on the button which will take you to the questionnaire which is hosted by SurveyMonkey.com.
If you would like to be added to our survey invitation list please shoot me an email at John@SteelMarketUpdate.com.
If you would like to learn more about upgrading or becoming a Premium level member please contact our office at info@SteelMarketUpdate.com or 800-432-3475.
As always your business is truly appreciated by all of us at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
As February comes to a close this week, the scrap markets are poised for another – and perhaps more extreme – move upward in March. March is usually a month when scrap prices relent as winter’s impediments subside. That’s not the case this year. And this time, the driver of prices will be increased demand from mills along with restricted flows over the last two months.
Final Thoughts
The US steel market has whipsawed upward on the prospect of expanded Section 232 tariffs of 25% being applied to imported steel - including downstream goods - on March 12. It seems pretty clear that domestic steel mills have the ear of the Trump administration when it comes to Section 232. The result? The much-anticipated Trump bump has finally arrived - and then some.
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 […]
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.
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).