Final Thoughts

SMU is receiving many requests for information and help regarding Section 232 exclusions and how to complete the process. We are attempting to assist when and where possible. Trade attorney Lewis Leibowitz is being very helpful when he has time. If you have specific legal issues that are outside of the scope of what we can cover, we recommend that you contact Lewis directly. His contact information is at the bottom of the “Section 232 Exclusion…” article in tonight’s issue.

I participated in a HARDI steel conference call this morning. There were many more people on the call than usual (not a surprise) and there were executives on the call that were willing to provide more information than normal (a pleasant surprise). One of the keys brought up was the idea that availability is going to dominate the industry. Price will be a secondary factor, and the opinion of one service center was prices could go much higher than people may think. Prepare for it.