Final Thoughts

Final Thoughts
Written by John Packard
November 2, 2018
The threat of any disruption at either U.S. Steel or ArcelorMittal USA is now off the table as AMUSA has reached a tentative deal with the United Steel Workers. U.S. Steel had reached an agreement a couple of weeks earlier. Now the industry focus is going to be on how much supply is coming online (and when) and what, if anything, it will mean for flat rolled prices in the coming months?
A reminder that our Toledo Steel 101 workshop is sold out and has a waitlist. We have opened registration for our January Steel 101 workshop, which will be held in Starkville, Miss., on Jan. 29-30, 2019. We will tour the Steel Dynamics mill, which includes a paint line (which we also anticipate touring when at the facility). We have an exceptional set of instructors in Peter Wright, Roger Walburn, Chuck McDaniels, Mario Briccetti and me. You can learn more about the workshop by going to our website: www.SteelMarketUpdate.com/Events/Steel101 or you can contact my office at 800-432-3475.
I will be in the office all this week. Next trip for me is to CRU’s USA headquarters in Pittsburgh on the 12th of November. Then I will be in Austin, Texas, on Dec. 1-3 for the HARDI conference before heading to Toledo for our December Steel 101 workshop.
I want to welcome all of you who are new to Steel Market Update. I encourage you to interact with us, which you can do by sending an email with your suggestions or comments. Please send them to: info@SteelMarketUpdate.com
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
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.

Final Thoughts
Have we hit a bit of a lull when it comes to the recent price bump? Mills certainly capitalized on the threat of tariffs and the unknown, with much that still could unfold.