Final Thoughts

Final Thoughts
Written by John Packard
November 20, 2017
This is the last Executive issue of Steel Market Update until Sunday evening. We will produce a Premium issue for our Premium clients tomorrow.
Our offices will be open tomorrow (Wednesday) and closed on Thanksgiving Day. We will have limited coverage on the Friday following Thanksgiving. Our offices will return to normal staffing and hours on Monday, Nov. 27.
If you or your company is interested in becoming either a sponsor or an exhibitor for our 2018 SMU Steel Summit Conference, please send a note to: info@SteelMarketUpdate.com and we will get you a brochure with pricing and information. Our expectation is that our conference will entertain 750+ steel and manufacturing executives next year. The conference will be held at the Georgia International Convention Center on Aug. 27-29, 2018. Mark your calendars and put us in your budget for next year.
End of the year housekeeping: We had a customer contact us today wanting to know the correct remit-to address as they have been using our old Georgia address and their letter was returned. Our remit-to address is: Steel Market Update, P.O. Box 1255, Hobe Sound, FL 33475. Accounting office phone number is 772-932-7538. My office phone number is 800-432-3475. The accounting office and mine are in two separate buildings. If you have questions about our website, the best person to call is Brett Linton who can be reached at 706-216-2140.
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
What's going to be the next big thing in steel?

Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.

Final Thoughts
Maybe some of this uncertainty will get ironed out ahead of Liberation Day tariffs resetting higher rates on July 9. But if I had to place a wager, it would be on more drama and last-minute brinksmanship - whether it comes to the Liberation Day tariffs or the various Section 232s that are in the works.

Final Thoughts
What should you keep your eye on, considering the latest geopolitical events?

Final Thoughts
Not many people in the North American steel market had direct US involvement in another Middle East conflict on their bingo card. Prices weren't expected to shoot higher unless something unexpected happened. That unexpected something has now happened. And there is talk of oil at $100 per barrel. What does that mean for steel?