Final Thoughts
October 12, 2016
Final Thoughts
Written by John Packard
In David Feldstein’s article on the HRC Futures market he correctly points out one of the factors that steel buyers need to watch closely is the value of the dollar against the currency of the international steel trading nations. As the dollar increases in value those wanting to ship steel here also increases. As the dollar falls in value the interest in sending steel here also falls off.
Our November Steel 101 workshop is CLOSED and we have a wait list established but I do not believe we will be able to add anymore people to this workshop. We recommend that you register for our late January workshop which will be held in Huntsville, Alabama and will include a tour of the Nucor Decatur EAF facility. I am looking forward to this tour as I have not been to the Decatur plant before and they have a relatively new automotive quality coating line at this facility. We will have more details about the hotel, how to register, etc. in the coming days. We are completing our negotiations with the hotels right now.
