Ep 48 – What is going on with Steel?

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What is going on with Steel pricing?

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Seriously though, what market fundamentals are driving up steel prices lately?  We’ve seen it jump beyond what was forecasted for this year, so what gives?  Listen in to us try and prognosticate on what we think might be causing this upswing in pricing.

Ferrous Scrap Futures

Iron Ore Futures

Crude Oil Futures

Hot Roll Coil Futures

Steel Imports

And finally, the very popular Rig Count

  

 

 

 

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