Final Thoughts

I got a call earlier today asking about a steel publication changing the direction of some of their flat rolled pricing. I responded that I don’t read the other trade publications, and I don’t follow their indices. I do not want to be influenced as I go through the always difficult, and sometimes tedious, process of determining where I am seeing spot pricing on flat rolled and plate steels. We reported our price ranges at the beginning of tonight’s issue and we will continue to watch pricing on an almost continual basis, looking for signs of a change in direction or in the speed at which we are seeing prices move.

I will be in Chicago beginning tomorrow (Wednesday) and will return to the office on Friday afternoon. I will be attending the Metals Industry Boy Scout Dinner on Thursday evening at the Hyatt. If you would like to speak to me while I am in Chicago, shoot me an email: John@SteelMarketUpdate.com I believe I have some time available on Thursday morning and mid-afternoon prior to the dinner event.