Final Thoughts

Final thoughts

Written by Brett Linton & Ethan Bernard


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

Read more from Brett Linton

Ethan Bernard

Read more from Ethan Bernard

Latest in Final Thoughts

Final thoughts

What's the tea in the steel industry this week? Here's the latest SMU gossip column! Just kidding... kind of. Yes, some of the comments we receive in our weekly flat-rolled market steel buyers' survey are honestly too much to put into print. Some make us laugh. Some make us cringe. Some are cryptic. Most are serious. We appreciate them all. Below are some highlights from our survey results this week. Some of the comments that we can share with you are also included, in italics, in the buyers' own words, with minimal editing on our part.