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Steel Market Backwardation Signals Potential Price Peak

The U.S. steel market ended 2023 on a bullish note with significant price increases, though recent market dynamics indicate potential shifts in pricing and production for 2024. ....

United States , Nichole Bastin , Steel Institute , Via Metal , First Decrease Since , Backwardation Holds , Capacity Utilization Rate Creeps , Miner Insights , Between Futures , Spot Steel , American Iron , Steel Prices ,

Steel Prices Weak Amid Backwardation

The end of 2023 saw lots of movement in the world of steel prices, leaving many experts wondering just what to expect for 2024. ....

United States , Steel Institute , Raw Steels Monthly Metals Index , First Decrease Since , Backwardation Holds , Capacity Utilization Rate Creeps , Monthly Metals Outlook , Between Futures , Spot Steel , American Iron , View Metalminer , Raw Materials , Steel Prices ,