Steel Products
February 3, 2020
Written by John Packard
If you want to get a better feel for what you can learn and the value of our Steel 101 workshop, listen to what a couple of our most recent attendees had to say:
“This is a great workshop where the ABC’s of the steel business are spelled out quite clearly, even for someone new in the steel business.” Reuven Lerman, Steel Warehouse
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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.