Steel Products
March 13, 2013
Written by John Packard
We had a couple of readers ask how our graph would look if we used the CRU hot rolled price assessments versus our own. As you can see by the updated graph there can be some variations between CRU and SMU HRC price assessments but, essentially we follow the same track. The blue line is Steel Market Update hot rolled coil averages while the red line is the CRU HRC index.
I’m now testing as an author user to see if I can add new tags in the right rail or using quick edit.I will check if I can trick the CMS and create a new tag via “Tags” in Main menu on the left hand side.I’m also testing if I can use existing tags and […]
It has been a crazy 2024 so far for hot-rolled coil (HRC) futures!!! “It’s not crazy, it’s hot rolled.” This chart shows the steeply backwardated Midwest HRC futures curve on Jan. 3 plummeting between $186 to $241 in the front three months, evolving into the curve six weeks later on Feb. 12. CME hot-rolled coil […]
Testing 1 Please access https://cruonline.crugroup.com/analysis Internal link – https://stage-steelmarketupdate-cru.content.pugpig.com/terms-of-use/ What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen […]
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Though steel prices continue to drop, more buyers are holding off on finalizing transactions.