Final Thoughts

Steel Market Update was founded because I felt the quality of information (as well as the sourcing of information) was not up to the standards I felt necessary when I was selling steel.  I can remember contacting one of the periodicals and asking them why they were referencing prices in a certain way when the mill I represented was nowhere near those levels. As a salesman it was quite frustrating – and I can relate to the frustrations both sales and purchasing (and management) carry around with them on a daily basis.

However, when I was selling steel I had it easy compared to the craziness which exists in today’s markets. With the introduction of new players on the supply side, combined with index based deals run astray and the collapse of the financial system as I knew it prior to 2008/2009 – well, things are not quite as easy to read as they once were.