Steel Products
July 25, 2023
Written by Ethan Bernard
Nucor reported sequentially higher second quarter earnings but warned that results would be worse in the third quarter.
“We expect earnings in the third quarter of 2023 to decrease compared to the second quarter of 2023,” the company said in comments released with Q2 earnings results on Monday, July 24.
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 […]
Testing 1 Please access https://cruonline.crugroup.com/analysis Internal link – https://stage-steelmarketupdate-cru.content.pugpig.com/terms-of-use/ What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen […]
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Though steel prices continue to drop, more buyers are holding off on finalizing transactions.