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…

SMU’s Steel Buyers’ Sentiment Indices remained strongly optimistic this week and continue to indicate that buyers are confident in their companies’ prospects.
The World Cup only comes around every four years. So let's take a walk down memory lane to see where the steel market stood four years ago.
A major trade case finalized late last year, along with higher Section 232 tariffs, account for the reduced imports.
Steel mill lead times extended this week on both sheet and plate products, now at multi-year highs.
Some domestic spot market buyers say they're seeking imported hot-rolled (HR) coils.