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…

The latest Baker Hughes rig count report showed oil and gas drilling improved in both the US and Canada in the first week of November.
SMU’s November ferrous scrap market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “ferrous scrap survey” results. Past scrap survey results are also available under that selection. If you need help accessing the survey […]
Nippon Steel is making good on the big capex promises it made to secure its purchase of United States Steel Corp. This week, the Japanese company and American steelmaker together unveiled various capital investments they plan to make across U.S. Steel’s footprint.
The gap between US hot band prices and imports narrowed slightly. But with the 50% Section 232 tariffs, most imports remain more expensive than domestic material.
ArcelorMittal Dofasco and Stelco joined recent moves by US mills to push sheet prices higher.