Steel Products
December 8, 2020
Written by John Packard
Steel Market Update is working in partnership with Port Tampa Bay to conduct the 32nd annual Tampa Steel Conference which will be held virtually on Feb. 2, 2021.
We will host the event on a platform similar to the one used for the SMU Steel Summit Conference in August. This platform provides unique networking opportunities for attendees and sponsors/exhibitors alike.
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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.