Final Thoughts

Final Thoughts
Written by John Packard
June 4, 2018
It has been an incredibly long day as we went on two mill tours and taught a Steel 101 classroom session. As I write my final thoughts for this evening, we are on our way back to Memphis where we will muster our strength and head out to our Steel 101/Nucor cocktail party and dinner before returning to my hotel room to work on tomorrow’s classroom session as we complete our Memphis workshop.
I will return to my office late in the day on Thursday, and then I think I will be there until I head to New York City on the 25th of June where I will attend a CRU event and then host the Bank of America Merrill Lynch dinner.
Our next event is our 8th SMU Steel Summit Conference. I don’t have the exact number of registrations at this moment, but we are closing in on 600 with just slightly less than three months to go.
If you haven’t made your hotel reservations, you need to do so quickly. We are down to minimal rooms in the Gateway block and we have about 80 rooms at the Atlanta Airport Marriott block. See our website for more details, www.SteelMarketUpdate.com/Events/Steel-Summit.
Thank you to Nucor Hickman and Nucor-Yamato for their gracious hospitality today. Our group enjoyed both mills immensely.
As always, your business is truly appreciated by all of us at Steel Market Update.
John Packard, President & CEO

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
The US steel market has whipsawed upward on the prospect of expanded Section 232 tariffs of 25% being applied to imported steel - including downstream goods - on March 12. It seems pretty clear that domestic steel mills have the ear of the Trump administration when it comes to Section 232. The result? The much-anticipated Trump bump has finally arrived - and then some.

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 […]

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.

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).

Final Thoughts
A look at how SMU survey respondents are reacting to President Trump's recent actions on tariffs.