Steel Products
November 19, 2020
Written by John Packard
The Tampa Steel Conference will be held virtually on Tuesday, Feb. 2, 2021. This will be the 32nd year for the conference and, even though we cannot be in Tampa in person, SMU along with our partner Port Tampa Bay are putting together a great lineup of speakers. Here are some of the speakers already confirmed:
Leon Topalian, President & CEO, Nucor Steel
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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.