Final Thoughts

Final thoughts
Written by Brett Linton & Ethan Bernard
May 2, 2024
Everybody has a plan… until they’ve dealt with volatility in the hot-rolled (HR) coil market. While Mike Tyson’s original quote was about getting punched in the mouth, it’s unlikely the ex-champ has gone many pricing rounds with HRC.
SMU’s HR coil prices were flat this week. As noted in our pricing article on Tuesday, some sources think published prices by Nucor and Cleveland-Cliffs will result in less volatile pricing swings. Others think those prices could push prices down in the near term. There are a lot of plans out there. Whatever the results are, it’s going to be interesting to watch.
In this (perhaps brief) time of wait and see, what will people be talking about at the water cooler? (Or whatever the virtual version of a water cooler is these days.) The upcoming election? The twists and turns in the sale of U.S. Steel? AHMSA’s restart? Evraz NA sale? Well, we thought we’d like to throw our hat in the ring and add a little diversion.
So, below, for the pleasure of our readers, we’ve included a little steel crossword to test your knowledge, and the knowledge of your co-workers. Feel free to get competitive, but remember to keep it friendly (click here to attempt).

Please note: For anyone looking for an edge in their steel knowledge or for new hires aiming to turbocharge their steel learning, nothing beats our Steel 101 course. The next one will be June 11-12 in Fort Wayne, Ind., and includes a mill tour of SDI Butler. You can register here.

Brett Linton
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Ethan Bernard
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