Steel Products
August 13, 2013
Written by John Packard
Flat rolled prices moved higher from the beginning of July through the end of the month. Steel Market Update recorded price increases ranging from $32.50 per ton to as much as $45.00 per ton.
In the table below, SMU indices are shown with
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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 […]
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Though steel prices continue to drop, more buyers are holding off on finalizing transactions.