Prices
November 30, 2023
HRC futures: The most wonderful time of the year
Written by Dave Feldstein
Oct. 26 was my previous Steel Market Update contribution. The night before, Ford and the United Auto Workers (UAW) union announced they had reached a tentative agreement for a new labor contract. Tentative agreements with GM and Stellantis would follow a few days later. And the contracts have all been ratified. Since Oct. 26, the months of December through March have rallied $113, $185, $156 and $95, respectively.
