Steel Products

Wednesday's Webinar to Feature Futures Expert Andre Marshall
Written by Tim Triplett
July 8, 2020
Steel Market Update’s next Community Chat webinar on Wednesday, July 15, will feature guest speaker Andre Marshall, President and Founder of Crunch Risk, LLC.
Crunch Risk is a price risk management and brokerage firm specializing in a suite of futures contracts in ferrous metals and base metals. Andre has over 25 years of commodity trading and financial risk management experience. He has also been an instructor at past Steel Market Update Managing Price Risk workshops.
This webinar begins at 11 a.m. ET and is free to anyone in the industry. Click here to register.

Tim Triplett
Read more from Tim TriplettLatest in Steel Products

Active rig count declines in US, Canada
Oil and gas drilling activity slowed in the US and Canada this past week. An unfamiliar trend after both regions saw repeated gains of late.

Plate market buzzes with rumors of secret deals from mills
Carbon steel plate market participants suspect that this week’s modestly softer prices are the result of quietly negotiated prices between plate purchasers and mills.

HR Futures: Forward curve shifts lower, structure maintains
Scraping lower-quartile $800s on nearby futures is bringing limited trading ideas for CME hot-rolled coil (HRC) at present.

Nucor drops HR spot price to $865/ton
Nucor has lowered its hot-rolled (HR) spot price by another $10 per short ton (st) this week.

SMU Week in Review: Aug. 11-15
With so much happening in the news cycle, we want to make it easier for you to keep track of it all. Here are highlights of what’s happened this week and a few things to keep an eye on.