Final Thoughts
April 24, 2015
Final Thoughts
Written by John Packard
This will be another interesting week for the steel industry. We have US Steel and AK Steel announcing their earnings and conducting conference calls with analysts. Will any of the mills make a move to push prices prior to one of these conference calls (mills have done it in the past)? There continues to be the ever present rumor of trade suits. One of the analysts contacted me late last week to say they heard cold rolled will be filed this week. So, the market continues to wonder what will come first: price increase or dumping suits?
Our next Steel 101: Introduction to Steel Making & Market Fundamentals has room for about 6 more people. The workshop will be held in Merrillville, Indiana just outside of Chicago and close to our mill tour facility which is NLMK USA Portage, Indiana mini-mill. The cost of the program is $2000 per person with discounts available for Steel Market Update member companies and for those companies sending more than one person. Our instructors: John Eckstein, Peter Wright, Steve Painter, Mario Briccetti and myself are all prepared to hold a great program for all of our attendees. If you should have any questions or would like to learn more about our Steel 101 program you can reach us at: 800-432-3475 or by email at: info@SteelMarketUpdate.com. You are also welcome to contact me directly, as I am out of the office this week, by calling me at: 770-596-6268. We want to see you at this or one of our future workshops. The next Steel 101 workshop will be in Iowa in the early Fall 2015. More details to be announced soon.
