Final Thoughts

The projected forecast for Mobile, Alabama during the first week of February is for temperatures to be in the low to mid 60’s. A far cry from the temperatures which have been well below freezing in the Upper Midwest and at, or below, in the rest of the states north of the Mason-Dixon Line. Steel Market Update still has a few slots open for our next Steel 101 workshop. I thought it interesting of the companies already registered, five of them are sending employees for the second, third or fourth time. Our workshops tend to attract a rather diverse group of companies and this one is no exception. From the director of a internationally known steel-related organization to manufacturing, distribution and suppliers to the steel industry. We have both long and flat product companies attending as we concentrate on understanding the basics of the steel making and rolling process as well as how the materials are sold, used and how commodities, supply and demand and other market fundamentals impact the markets. You can find more on our website or you are welcome to contact our office with any questions you might have. Registration is available online or through our office: 800-432-3475.

Premium level members will get access to the Power Point presentation of last week’s SMU steel market survey as well as a write-up about some of the key areas we found during the survey process. We are also producing our Key Market Indicators for your review this week.