Final Thoughts
July 20, 2015
Final Thoughts
Written by John Packard
Last chance for early bird registration for our 5th Steel Summit Conference which will be held in Atlanta on September 1 & 2. If you can’t register online this evening and want to get the special rate (which is a $200 savings off the full rate) shoot us an email and request an invoice: info@SteelMarketUpdate.com. We will honor requests received up until 9 AM ET on Wednesday, July 22nd.
The market is convinced that there will be a cold rolled antidumping and countervailing duty petition filed on multiple countries (including China) prior to the end of July. We have been hearing this rumor for a number of weeks from both reliable and some-what reliable sources. However, the steel mills operate on their own schedules so there are no guarantees. We do not believe there will be a hot rolled filing at the same time. However, we do think that the mills will target hot rolled before the end of the summer.
