Final Thoughts
June 12, 2017
Final Thoughts
Written by John Packard
There are a lot of moving pieces to this market. Government intervention into the natural flow of business is/will be impacting trade, steel prices and possibly where products get manufactured in the future. It is both a scary time and an exciting time to be in the steel business. For me, I am glad I get to view it from the outside instead of being an active participant trying to make my way on a day-to-day basis.
I expect the Section 232 recommendations to be made within the next week to 10 days. It is anybodies guess how quickly the President will react. My gut tells me he would rather change the national dialogue away from Russia and onto something he promised on the campaign trail.
