Final Thoughts
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Final Thoughts
Written by John Packard
May 23, 2016
the U.S. Department of Commerce will release their Final Determination on the corrosion resistant antidumping and countervailing duty trade suit on Wednesday, May 25th (not today). We will have a full report once we receive the announcement on Wednesday.
Steel Market Update will not publish our newsletter on Sunday, May 29th due to the Memorial Day Holiday. We will return to our normal publishing schedule on Tuesday, May 31st. We will begin our early June flat rolled steel market trends analysis on Tuesday morning as well.
For those of you who are interested in learning more about the hot rolled futures markets the CME Group has asked me to pass along an invite to their New York City Manage Your Price Risk forum at the Park Central Hotel on Monday, June 13th. You can register by clicking here (you made need to be logged into our website for the link to work properly).
I will be in New York City on the 13th and 14th of June as I attend a number of functions around the Steel Success Strategies conference. I am booked solid on the 13th but have some time available on Tuesday the 14th if anyone would like to have breakfast or share a cup of coffee. Just drop me an email at: John@SteelMarketUpdate.com
Don’t forget while in New York talk up our Steel Summit Conference…
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.