Final Thoughts
January 1, 2020
Final Thoughts
Written by John Packard
First issue of the New Year. For that matter, today is the first issue of the new decade. It will probably take awhile to get used to 2020 vs. 2019. Of course, with the political climate and it being an election year, maybe we will have 2020 ingrained in our heads sooner rather than later.
Happy New Year and Happy New Decade to all our readers. I will go out on a limb and say this decade is going to be insane as far as the steel industry is concerned. Politics, tariffs, dumping, world overcapacity, soon to be joined by U.S. overcapacity (?), new steel mills, economic cycles and, of course, the icing on the cake (so to speak) is Alan Beaulieu’s prediction of the Great Depression hitting us at the end of the decade. Ah, but first we get to go through the Roaring 20’s….
