Product
February 25, 2013
Correction – HRC Forward Curve Table
Written by John Packard
We had a typo in the HRC forward curve table which was in last Thursday evening’s SMU newsletter – October 2013 and November 2013 should have read $640 not $340…

Product
February 25, 2013
Written by John Packard
We had a typo in the HRC forward curve table which was in last Thursday evening’s SMU newsletter – October 2013 and November 2013 should have read $640 not $340…

Sources expect the recent spot market price hikes on domestically produced plate products to be accepted by the market.
Lock Joint Tube has acquired the Tectron mechanical tube product line and associated manufacturing facility in De Pere, Wisc., from Atkore Inc.
The price gap between stateside hot band and landed offshore product has inched closer to parity, now at its lowest level since the summer.
All of SMU’s sheet price indices rose this week, climbing to new multi-month highs. At the same time, our plate index held steady.
A steelmaker in the Southeast has entered the market for shredded, P&S, and HMS at prices of $20/gt over November.