Steel Products
November 9, 2021
Written by John Packard
Steel Market Update will host a number of conferences and steel training workshops during calendar year 2022. Here is a select listing of events which will be held during the 1st Quarter 2022 plus a reminder of the dates for the 2022 SMU Steel Summit Conference which is the largest steel conference of its kind in the Western Hemisphere.
SMU Events for 2022
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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.