Steel Products
January 20, 2018
Written by Sandy Williams
AK Steel has promoted Christopher J. Ross to Vice President and Treasurer from his current position of AK Steel Treasurer, effective immediately.
CEO Roger Newport welcomed Ross to the executive team: “This promotion brings additional strength and depth to AK Steel’s financial organization and to our senior leadership team.”
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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.