Features
Holiday notice: Easter
Written by Brett Linton
March 28, 2024
Steel Market Update will be taking time off in observance of Good Friday and Easter.
Our offices will be closed on Friday, March 29, and we will not publish our Executive issue on Sunday, March 31.
Our weekly pricing service will not be impacted.
We will resume our regular publication schedule on Monday, April 1, and our pricing service on Tuesday, April 2.
We wish the entire SMU community a restful holiday weekend.
Brett Linton
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Final thoughts
I’ve gotten some questions lately about whether the huge gap between domestic hot-rolled coil (HR) prices and those for cold-rolled (CR) and coated is sustainable. I remember being asked similar questions about the wide spread between HR and plate that developed in early 2022. I thought at the time that there was no way that spread could hold. Turned out, I was wrong. That was humbling. And so I’m not going to make any bold predictions this time.