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
“We’ll always have Paris,” as the famous line in Casablanca goes. And this month, the global steel industry did as well. The Organization for Economic Co-operation and Development (OECD) Steel Committee met in the City of Lights earlier this month. There was also a meeting of the Global Forum addressing excess steel capacity.
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.)