Final Thoughts
September 16, 2019
Final Thoughts
Written by John Packard
For those of you who are not aware, my Final Thoughts is an area where I will sometimes provide my opinion or view of the marketplace. Understand that these are my comments and are not coming from any steel mills, service centers, trading companies or the financial community. You can take them or leave them; that is your choice. They are being provided in order to stimulate discussion within the steel community or within your company.
I was told by a couple of sources today that General Motors produces about 7,400 cars per day (during a 5-day work work) based on total U.S. annual production of 10,990,938 vehicles and with GM having 17.5 percent of the total U.S. production.
