Final Thoughts
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Final Thoughts
Written by John Packard
January 13, 2017
A special thank you to the companies who have stepped up early to be sponsors at this year’s Steel Summit Conference: Our Conference Sponsor – Pacesetter as well as our two Corporate Sponsors – Bank of America and Mill Steel. We also have one break sponsor at the moment – Kenwal and we have two coffee sponsors – Magic Coil Products and Alliance Steel.
We do have sponsorship and exhibition space available on a first come, first served basis. Please contact either Ray Culley (Ray.Culley@SteelMarketUpdate.com) or myself at John@SteelMarketUpdate.com if you have an interest in becoming a sponsor or exhibitor at this year’s event in Atlanta at the end of August. Details about sponsorship/exhibition space and about the conference are available on our website. I will be traveling over the next 10 days. I am available by email or on my cell phone: 770-596-6268. If you have a short-term need, question about the website, would like to pay an invoice or become a new customer you can do so through Brett Linton at 706-216-2140 or Brett@SteelMarketUpdate.com.
On the 24th and 25th SMU will conduct our next Steel 101 workshop in Huntsville, Alabama. As part of the workshop we will tour the Nucor Decatur steel mill. I know our team is looking forward to visiting Decatur and interacting with the Nucor team.
We are working on the exact date of the Steel 101 workshop to follow the Huntsville dates. We do know we will be working with North Star BlueScope in Ohio. I am hopeful that we will have the dates ironed out over the next few days (late March-early May time frame).
This will be another busy week in the steel industry. MSCI data is due out this week. We will participate in our monthly galvanized steel conference call with the HARDI wholesalers. Donald Trump will be sworn in as the new President of the United States on Friday. We are also conducting our flat rolled steel market trends analysis beginning on Monday morning at 7:30 AM ET. If you receive an invitation please take a moment to click on the button and provide us your thoughts about the market.
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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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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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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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.