Final Thoughts
Final Thoughts
Written by John Packard
June 15, 2018
I got a note from one of our readers who pointed out that Sept. 18 & 19 are Holy Days on the Jewish calendar. These were the days selected for our first SMU 201: Intro to Advanced High Strength & Other New Steels workshop, which is going to be held at AK Steel Research and Innovation Center (RIC) in Ohio. We are reviewing the dates with AK Steel to see if we are able to shift the timing and will advise.
A reminder about my travel schedule as it will be a bit hectic over the next couple of weeks. I will be in my office on Monday and Tuesday of this week. Wednesday I will be in Pittsburgh visiting the CRU Group USA offices and meeting their staff. I will be back in the office on Thursday and Friday. Next week, the week of June 25, I will be traveling to New York City where on Monday afternoon I will participate in a free CRU Group briefing. Our members are invited to attend and can register by clicking on this link. Later that afternoon, I will be hosting the Bank of America Merrill Lynch dinner as Timna Tanners will be traveling and unable to host the event this year.
The following day, Tuesday, June 26, I do have a couple of openings to meet with people who are in New York to attend other steel meetings. If you would like to meet, send me an email: John@SteelMarketUpdate.com
On Tuesday evening, Diana and I are flying overnight to London, England, where we will be meeting with the management and staff at the CRU Group headquarters for the balance of the week. We will be returning to the U.S.A. on Monday, July 2, but will not return to our offices until July 3.
Due to the Fourth of July falling on a Wednesday, I have decided we will not publish on Tuesday, July 3. This means we will produce our flat rolled and plate steel indices on Thursday, July 5. We will return to our normal schedule on July 5.
Tomorrow morning (June 18), we will begin collecting responses from our mid-June flat rolled and plate steel survey. If you receive an “Invitation to Participate” around 8 a.m. ET, please take a few minutes to respond to the first question, which is located at the bottom of the email. Once answered, you will be taken to the rest of the questions. The survey usually takes 3 to 5 minutes to complete.
As always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, President & CEO
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
Who could’ve guessed that the first stage to follow liberation would be confusion. Well, when things get this liberated this fast, perhaps it’s to be expected. From the 30,000-foot view, “Liberation Day” didn’t have a significant impact on steel tariff-wise. That is, the Section 232 steel and aluminum tariffs stand alone from the reciprocal tariffs […]
Final Thoughts
The market breathlessly awaits the arrival of President Trump's "Liberation Day."
Final Thoughts
I’m not sure what I can write today that won’t be old news after April 2. The Trump administration has dubbed Wednesday “Liberation Day.” Since it’s mostly about tariffs, let’s just call it “Tariff Day.” Or maybe we should call it “Tariff Week” – since tariffs typically dominate the news cycle in the first week […]
Final Thoughts
A personal perspective on Galvalume prices from SMU analyst Brett Linton.
Final Thoughts
After a March frenzy, are prices nearing a peak in April? Some of you have suggested that they are. Others think it's too early to make any such call.