Final Thoughts
January 9, 2015
Final Thoughts
Written by John Packard
I thought the “Letter to the Editor” which we shared earlier in this issue was quite telling. The New Year is shaping up to be different than the past couple of years. With the drop in input costs and the weak global steel market (and strong U.S. dollar) 2015 could end up being a very volatile year. Stay tuned…
The extended forecast is calling for mid-60 degree weather next week (January 20 & 21st) in the Charleston, South Carolina area. That is where you will find our Steel 101: Introduction to Steel Making & Market Fundamentals team. Our next Steel 101 workshop is being held at the Charleston Harbor Resort & Marina Hotel on Tuesday, January 20th and Wednesday, January 21st. We have another good group of manufacturing companies, service centers, steel mills and even an industry analyst who will be joining the instructors: John Eckstein (metallurgist), Peter Wright (metallurgist/marketing), Steve Painter (mill sales), Mario Briccetti (OEM purchasing) and myself (31 years sales, purchasing, management + 8 years analyzing/reporting) as we go through how steel is made, rolled, bought and sold along with what items affect the markets (our version of how the steel market works). We have room for a couple more if any of the procrastinators out there want to join us. Contact our office for more information: 800-432-3475 or info@SteelMarketUpdate.com.
