US Hot-Rolled Coil: Boom or bust in 2020?

Presented by

Michael Cowden and Grace Asenov

About this talk

Following on from the rebound of hot-rolled coil prices during the last quarter of 2019, we look back over the main factors that influenced the state of the market. What could the future of US hot-rolled coil look like throughout 2020 and beyond? Join our expert as they discuss: - Hot-rolled coil prices rebounded in the fourth quarter of 2019 and into early 2020. Will the uptrend continue for the rest of the year? - Steel capacity additions had a huge impact on market psychology last year. Will mill idlings this year change the calculus? - What does the spread between raw material and HRC prices in past down cycles tell us? Did we hit a bottom in the fourth quarter of 2019, or is there room for prices to fall again? - How Fastmarkets assesses its daily US HRC index.

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Fastmarkets has over 130 years of commodity expertise and aims to be the world’s leading and most trusted price reporting and intelligence service. Using transparent and auditable methodologies to report data and insights in a variety of industries, we provide interested parties with a clear picture on the markets and their effects on business and the supply chain.