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…
Latest in Product
Sheet prices and demand tick upward
Sources in the domestic hot- and cold-rolled coil market said they are beginning to feel prices creeping up this week.
Rig count shows slowdown in oil drilling in US and Canada
Oil drilling slowed in the US and Canada last week, while gas drilling inched higher in the US.
New trade case filed against large-diameter graphite electrodes
Graphite electrodes are critical to electric-arc furnace steelmaking and the production of other non-ferrous metals.
Plate market sources bemoan unpredictable demand, availability, and lead times
Plate industry sources said the market has been characterized by three factors lately: fewer domestic mills willing to fulfill spot buys, inconsistent lead times, and erratic demand.
Steel exports tumble further in December, lowest since 2020
Trade for many of the sheet and plate products we follow has fallen to multi-year lows through December.