SMU Community Chat
December 2, 2022
A Sheet Storm Is Still Coming: Tanners
Written by Becca Moczygemba
Wolfe Research managing director Timna Tanners joined SMU for an Community Chat on Wednesday to talk about her forecast for 2023, including the calm before the sheet storm.
Tanners is bullish about the first half next year. She forecast HRC prices would average $775 per ton ($38.75 per cwt) in Q1 2023, dip to $750 per ton in Q2, and then fall back to an average of $700 per ton in second half of the year.
