Final Thoughts
May 27, 2019
Final Thoughts
Written by John Packard
Editor’s note: John Packard is on vacation.
It appears many steel buyers are holding off on purchases while they wait to see if imports resume from Canada, Mexico and Turkey now that President Trump has reversed himself on the Section 232 tariffs. “Lead times are stagnating/shortening and the mills are in full negotiation mode,” said one steel executive this week, which helps to explain the declining steel prices reported in this issue.
