Final Thoughts
Final Thoughts
Written by John Packard
March 22, 2019
There were a number of comments connected to the article we did on Thursday regarding Timna Tanners “Steelmageddon” opinion. Most of the comments in last week’s survey were against the Steelmageddon thought process which calls for the collapse of steel prices in a couple of years when the new capacity comes online.
As you can sense from the interview with Ternium, the mills believe we are in a growth market and the capacity is needed.
This will be one of the topics of conversation at this year’s SMU Steel Summit Conference. Registration is open and you can find more information on our website: www.SteelMarketUpdate.com/Events/Steel-Summit
Also on our website is information about our May 14-15, 2019 SMU Steel 101: Introduction to Steel Making & Marketing Fundamentals workshop. You can find more information on our workshop at www.SteelMarketUpdate.com/Events/Steel101
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 US scrap market finds itself in a familiar position as we progress into the final quarter of the year.
Final Thoughts
Musings on decarb, tariffs, and technology, and where it might be leading.
Final Thoughts
There are days when this feels like a “nothing ever happens” market. Don’t get me wrong. Plenty is happening in the world. It’s just that none of it seems to matter when it comes to sheet and plate prices.
Final Thoughts: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.
Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.