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Market Insights – Oct. 13, 2022

Market Insights – Aug 17, 2022

Sources: fred.stlouisfed.orginvesting.com Summary The above represent raw material input costs that directly impact our cost of goods.HRC pricing has decreased 59% in the past year and 45% YTD.Iron Ore pricing is down 33% in the past year and down 5% YTD.The Scrap...
Market Insights – Oct. 13, 2022

Market Insights – Aug 4, 2022

Drilled But Uncompleted Wells (DUCs): Lower 48 States Sources: www.eia.gov (Data Available through June 2022) Summary: Drilled But Uncompleted Wells (DUCs) in the lower 48 states have declined 32% year-over-year (‘YoY’).The Permian and Eagle Ford regions have seen the...