New Tractor Sales Are Declining

[hiddentacocatneddih]

Sheet steel. Not reber

Sheet was around 750and it's high was about 2000 per ton. Hot band sheet

 

[5030]

Rebar is the cheapest grade of steel made. Usually made from scrap and the content of various ingredients is always questionable anyway.

 

[hiddentacocatneddih]

Reber is down to 3800 ish from 6000 high

So it's down a lot as well

 

[5030]

Sheet steel. Not reber

Sheet was around 750and it's high was about 2000 per ton. Hot band sheet

It's rebar btw and it's not hot band sheet either. It's either hot rolled or cold rolled coils. Sheet steel is a process of levelling coils of steel and cold rolled is more costly than hot rolled. I retired from the steel industry after 35 years. Mills roll steel in master coils which are then processed onto many items, mostly AKDQ steel coils because Aluminum Killed Drawing Quality steel is easier to work with.

 

[hiddentacocatneddih]

hot rolled coil is a pretty good standard for steel pricing.

Tractors arnt made of reber anyway

 

[newbury]

Well you all talk about it but I've got links for rebar and lumber etc.
Do you have good links to the sheet steel prices that are publicly and easily available?

 

[hiddentacocatneddih]

US Midwest Domestic Hot-Rolled Coil Steel Futures Historical Prices - Investing.com

US Midwest Domestic Hot-Rolled Coil Steel Futures historical prices: closing price, open, high, low, change and %change of the US Midwest Domestic Hot-Rolled Coil Steel Futures for the selected range of dates.

www.investing.com

 

[5030]

Kind of sad that the majority of domestic mills are now owned by offshore entities.

 

[hiddentacocatneddih]

Kind of sad that the majority of domestic mills are now owned by offshore entities.

Not sure if that is true or not.

Arcelar sold their stuff to Cleveland cliffs

Then you have nucor, SDI and us steel

 

[newbury]

US Midwest Domestic Hot-Rolled Coil Steel Futures Historical Prices - Investing.com

US Midwest Domestic Hot-Rolled Coil Steel Futures historical prices: closing price, open, high, low, change and %change of the US Midwest Domestic Hot-Rolled Coil Steel Futures for the selected range of dates.

www.investing.com

Thanks, good link, prices tend to track the rebar prices.