Final Thoughts
January 21, 2015
Final Thoughts
Written by John Packard
I was conversing with a consulting friend who reported to me that steel prices are taking a beating in Europe. He referenced hot rolled prices being offered out of Russia into Europe for 365 to 375 euros. He also reported that the sales of the Italian steel mill, ILVA would not succeed and the mill will be run by the government. Our source reported that just like the U.S. there is just too much capacity in Europe.
I got an email from Diann Scott, Senior Purchasing Manager for Kloeckner Metals and one of the attendees at our Steel 101 conference we just held in South Carolina, “…this was the best class/seminar I have ever attended on steel… I would recommend your seminar to anyone.”
