Final Thoughts
December 23, 2016
Final Thoughts
Written by John Packard
Happy Holidays and welcome back to all of you who celebrated Christmas on Sunday or the beginnings of Hanukkah on Saturday evening. Most of the steel industry appears to still be on Holiday and not working through the New Year festivities. So, it was a fairly quiet day in the Steel Market Update offices around the country.
I did get an interesting email from one buyer who laid out some of the foreign steel offers his company has seen over the past week or so. we learned the cheapest hot rolled offers into Houston are $28.20/cwt to $29.35/cwt coming out of eastern Europe and the Middle East/North Africa.
