Steel Products
July 20, 2023
Written by Becca Moczygemba
We’ve reached approximately 1,100 registrations for SMU’s 2023 Steel Summit Conference, which is only 31 days away. There’s still plenty of time to register, just click here.
Steel Summit is Monday-Wednesday, Aug. 21-23, in Atlanta at the Georgia International Convention Center (GICC). The agenda is here
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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.