Steel Products
March 26, 2021
Written by Michael Cowden
President Joe Biden will be in Pittsburgh next week to unveil his administration’s multi-trillion-dollar infrastructure spending plan.
The plan will focus on both physical and technological infrastructure, the president said in a press conference.
I’m now testing as an author user to see if I can add new tags in the right rail or using quick edit.I will check if I can trick the CMS and create a new tag via “Tags” in Main menu on the left hand side.I’m also testing if I can use existing tags and […]
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.