Steel Products
December 7, 2017
Written by Sandy Williams
The Department of Commerce issued an affirmative final determination in the antidumping investigation of carbon and alloy steel wire rod imports from Belarus, the Russian Federation and the United Arab Emirates.
The following dumping margins were assigned:
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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.