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    Analysis

    April 18, 2024

    Final thoughts

    Written by David Schollaert

    To the surprise of many — myself included — flat-rolled steel prices appear to be in a holding pattern… again. This is not familiar territory for hot-rolled (HR) coil, at least not over the past few years.

    Its pricing volatility (as my colleague Michael Cowden has noted in past columns) may rival the elastic moves seen in crypto more than we’d like to believe. Flat-rolled steel pricing hasn’t been for the faint of heart lately – and the Surgeon General may add HR coil pricing to its list of warnings.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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