Final Thoughts
Final Thoughts
Written by John Packard
March 1, 2019
First, a warm thank you to Tim Triplett, Sandy Williams and Brett Linton for filling in for me as I took a few days off to attend a Board of Trustees meeting in Minnesota (I left Florida to go to Minnesota?).
Since I have been out of pocket for the past four days, I will be brief with my final thoughts this evening.
We will begin our next flat rolled and plate steel market trends analysis on Monday morning. We will issue invitations at 8 a.m. ET and will collect responses through Thursday morning. If you receive an invitation, please take a few minutes to answer the first question at the bottom of the email, which will then take you to the rest of the questionnaire.
Happy anniversary to Section 232 tariffs. It was March 2018 when President Trump ordered the tariffs. We will look at the past year in a number of ways to see if the tariffs are hurting or helping manufacturing, distribution, steel mills and trading companies along with those associated with those segments of the industry. If you would like to share your observations and how 232 has been impacting your business, please send me an email: John@SteelMarketUpdate.com
Both Tim Triplett and I will be at the Fabricators and Manufacturers Association annual meeting in Nashville on Tuesday and Wednesday of this week.
Another busy week for SMU and the steel industry.
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
And just like that, we’re wrapping up the last SMU newsletter of 2024. We’re closing out our 19th year and looking with wide-eyed anticipation to what 2025 will bring.
Final Thoughts
SMU looks back at stories from Decembers past, one, five, 10, and 100 years ago.
Final Thoughts
It's that time of year again. You know, that time when people wonder if those things are drones in New Jersey or if the aliens are ready to come onto the stage just in time for Inauguration Day. What will that do for steel price volatility? In any case, the SMU team finds itself in Pittsburgh this week.
Final Thoughts
The Community Chat last Wednesday with ITR economist Taylor St. Germain is worth listening to if you couldn’t tune in live. You can find the replay and Taylor’s slide deck here. You can also find SMU reporter Stephanie Ritenbaugh’s writeup of the webinar here. Taylor is Alan Beaulieu’s protégé at ITR. Many of you know Alan from his talks at SMU Steel Summit. I found Taylor’s analysis just as insightful as Alan’s.
Final Thoughts
Cracks have formed in what has been presented as the Biden administration’s united front against Nippon Steel’s play for U.S. Steel. A report from the Financial Times said parts of the administration are at odds on the deal.