1934 Hrc usd spot price is almost $2500 cdnSteel prices holding firm despite Stelco almost 20 percent off its high now. At $2500 HRC cdn that is a huge profit margin for the lowest cost producer.
Fed comments tomorrow should be dovish in order to keep the market up.
so far sept 2021 not too great. S&P is going to be down 4 weeks in a row unless things turn up for remainder of week
I bought more under $42. Some use 3 day rule after big drop but doesn't always work. Good enough discount here. Rise back up should be rapid
steel futures continue strong right through next year