Final Thoughts

For the ultimate prognosticators out there, individual tax returns were due today (April 17) by midnight. The IRS has had computer issues today and has extended the deadline to April 18 at midnight.

The Metals Service Center Institute inventories and shipment article in tonight’s issue will be the last one Steel Market Update will produce. The MSCI came out with new pricing and rules associated with the dissemination of service center inventories and shipment information. We were advised that the price of the product is now $10,000 per year, and SMU is not able to justify that expense without a significant groundswell of protest from our readers. If you would like for us to continue to publish the MSCI data, and wish for us to gather more information as to what will be allowed and what won’t, please contact me at John@SteelMarketUpdate.com.