Steel Products
August 19, 2013
Written by John Packard
Cold rolled sheet imports June 2013 and YTD by source and port of entry.
This is one of an expanded series of analyses, exclusive to the Steel Market Update that is designed to provide a much more comprehensive view of actual volume by product. In the future, this data will be available to our Premium members only.
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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.