Final Thoughts
October 18, 2022
Final Thoughts
Written by David Schollaert
What a difference a week can make. The lack of clarity in the short-to-medium-term direction presently in steel seems to be stumping maybe even the best and the brightest of flat-rolled buyers.
And perhaps as Michael Cowden indicated in SMU’s prior Final Thoughts, the steel market might be somewhere in the middle — in-between bearish and bullish. But our latest survey results indicate that confidence might be even more fickle than we originally thought.
