Final Thoughts
November 23, 2021
Final Thoughts
Written by John Packard
First, please note that due to the Thanksgiving holiday, the Steel Market Update newsletter will not be published on Thursday (which is Thanksgiving Day) and Sunday, Nov. 28. We will return to our normal publication schedule on Tuesday, Nov. 30. We want to wish everyone in the United States a happy, healthy Thanksgiving with family and friends.
I was speaking at length with a manufacturing company involved with the residential home construction markets and was advised that demand was “exceedingly strong” and was expected to stay that way through 2022. I was told business was so good that finished goods inventories had been depleted. With the issues regarding the hiring of new workers, they have been able to meet current demand but unable to refill the shelves.
