Steel Products
August 3, 2017
Written by Sandy Williams
USS-POSCO Industries (UPI) has promoted MD. Amin to Vice-President of UPI’s Commercial Group. Amin will lead the company’s sales and marketing activities.
“MD. is an exceptional sales leader with a long track record of success, and he is respected by colleagues and customers alike,” said Michael Piekut, UPI’s President. “I cannot think of a better person for this role.”
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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.