Steel Products
June 26, 2019
Written by John Packard
As a supporter of youth in the steel industry, we would welcome your nominations for the SMU NexGen Leadership Award – sponsored by the Steel Manufacturers Association (SMA).
This is a great opportunity to shine the light on the hard work of the talented individuals (age 35 and younger) in your organization and celebrate it with the greater steel industry.
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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.