Steel Products
February 4, 2021
Written by Brett Linton
The next Steel 101 Virtual Workshop: Introduction to Steel Making and Market Fundamentals will take place on Feb. 9-10, with an upcoming workshop planned for May, if you can’t make these dates.
If you are considering attending or sending some of your employees, there are still limited places available for next week, so you can register online.
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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.