Final Thoughts
Final Thoughts
Written by John Packard
October 28, 2016
Our next flat rolled steel market trends analysis will not begin until next Monday, November 7th. We will begin our November surveys on the 7th and the 21st of the month. If you would like to be added to our invitee list please send me an email: John@SteelMarketUpdate.com. We currently have about 575 people on the survey invitee list and I would like to grow the number to slightly more than 600 people if possible.
The Association of Steel Distributors (ASD) is hosting their annual meeting in Las Vegas in conjunction with FabTech. The dates of the ASD event are November 17-19th. The Wynn Hotel is where ASD members are staying. You can find more details on the ASD website: www.SteelDistributors.org.
Steel Market Update is producing a short two hour version of our Steel 101 workshop for FabTech on Friday, November 18th from 8 AM until 10 AM at the Las Vegas Convention Center. Details can be found on the FabTech website where the program is called Steel Metal 101: Mill to Fabricator. If you have any questions about our workshop (which is free of charge) please send us an email: info@SteelMarketUpdate.com.
Our Memphis, Tennessee Steel 101 workshop which will be held on the 15th and 16th of November is sold out. The next one available for registration is our Huntsville, Alabama workshop which will be held on January 24-25, 2017 and will include a tour of the Nucor Decatur steel mill. You can find details here or on our website: www.SteelMarketUpdate.com.
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
It’s once again A Tale of Two Cities in the steel market. Some are almost euphoric about Trump’s victory. Others, some rather bearish, are more focused on the day-to-day market between now and Inauguration Day on Jan. 20.
Final Thoughts
One of the perhaps unintentional perks of being a trade journalist is the opportunity to travel and cover an array of industry conferences and events. Some I've attended have been at fun locations, like Palm Springs and Tampa, Fla. Others have been in more practical locations, like SMU’s Steel Summit in Atlanta and American Iron and Steel Institute (AISI) and Steel Manufacturers Association (SMA) meetings in Washington, D.C.
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
President-elect Donald Trump will officially retake the White House on Jan. 20. I’ve been getting questions about how his administration’s policies might reshape the steel industry and domestic manufacturing. I covered the tumult and norm busting of Trump's first term: Section 232, Section 301, USMCA - and that's just on the trade policy side of things. It's safe to say that we'll have no shortage of news in 2025 when it comes to trade and tariffs.